Rent in Somerset, KY
Across Somerset's 3 ZIP codes, a 2-bedroom typically rents for about $884 a month, with figures from $721–$924. The highest typical rent is in 42502 ($924) and the lowest in 42501 ($721). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Pulaski County pay about 0.63% 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 | $660 | $459–$660 | 3 |
| 1 bed | $515 | $446–$706 | 3 |
| 2 beds | $884 | $721–$924 | 3 |
| 3 beds | $909 | $753–$1,101 | 3 |
| 4 beds | $1,120 | $732–$1,308 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Somerset ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Somerset, KY?
- About $884 a month: the median of the typical rents in 3 ZIP codes, which range from $721–$924. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Somerset, KY?
- About $515 a month: the median of the typical rents in 3 ZIP codes, which range from $446–$706. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Somerset, KY?
- About $909 a month: the median of the typical rents in 3 ZIP codes, which range from $753–$1,101. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Somerset, KY?
- About $660 a month: the median of the typical rents in 3 ZIP codes, which range from $459–$660. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Somerset, KY?
- About $1,120 a month: the median of the typical rents in 3 ZIP codes, which range from $732–$1,308. Figures are gross rent (rent plus tenant-paid utilities).
- Which Somerset ZIP code has the highest rent?
- For a 2-bedroom, 42502 has the highest typical rent at $924 a month, and 42501 the lowest at $721.
- What is the property tax rate in Somerset, KY?
- Owner-occupied homes in Pulaski County pay a typical 0.63% 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 Somerset rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).