Rent in Independence, KY
A 2-bedroom in Independence, KY (ZIP 41051) typically rents for about $1,470 a month, with a range of $1,289–$1,650. Owner-occupied homes in Kenton County pay about 0.98% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,200 | $1,052–$1,200 | 1 |
| 1 bed | $1,090 | $890–$1,290 | 1 |
| 2 beds | $1,470 | $1,289–$1,650 | 1 |
| 3 beds | $1,764 | $1,358–$2,170 | 1 |
| 4 beds | $2,262 | $2,074–$2,450 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Independence ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Independence, KY?
- About $1,470 a month: the median of the typical rents in 1 ZIP code, which range from $1,289–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Independence, KY?
- About $1,090 a month: the median of the typical rents in 1 ZIP code, which range from $890–$1,290. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Independence, KY?
- About $1,764 a month: the median of the typical rents in 1 ZIP code, which range from $1,358–$2,170. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Independence, KY?
- About $1,200 a month: the median of the typical rents in 1 ZIP code, which range from $1,052–$1,200. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Independence, KY?
- About $2,262 a month: the median of the typical rents in 1 ZIP code, which range from $2,074–$2,450. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Independence, KY?
- Owner-occupied homes in Kenton County pay a typical 0.98% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Independence rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).