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Danville, KY Homes for Rent

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  • /7

    $900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • House for Rent

    114 Mobile Dr, Danville, KY 40422

    Clean crisp 2 bedroom mobile home with porch.2022 Mobile Home. Handicapped accessible home. Two very small bedrooms. Large bathroom with washer and dryer hookups. Nice porch. --- Age restricted. One occupant/applicant must be 55 years old or older.

    114 Mobile Dr, Danville, KY 40422
  • /8

    $1,290 Per Month

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • House for Rent

    432 Chestnut St, Danville, KY 40422

    Beautiful 2 bedroom, 2 bathroom house featuring a spacious layout and a large fenced-in yard, perfect for outdoor living, pets, and entertaining. A comfortable and well-maintained home offering both privacy and convenience.

    432 Chestnut St, Danville, KY 40422
  • /2

    $800 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    704 S 4th St, Danville, KY 40422

    SMALL 3 bedroom 1 bath brick home located in Danville City Limits. Appliances provided.

    704 S 4th St, Danville, KY 40422
  • /12

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 2 Bedroom in Danville!

    200 N Hill-N-dale St Unit 638, Danville, KY 40422

    Looking for comfort, convenience, and affordability? This two-bedroom apartment at 200 Hill N Dale has everything you need to feel right at home.Enjoy features like:• Modern kitchen with stove, microwave, refrigerator, and dishwasher• Spacious bedroom with closet space• Comfortable living and dining area• On-site laundry and parking availableA shared water fee of

    200 N Hill-N-dale St Unit 638, Danville, KY 40422

Why Live in Danville

Danville, KY, known as Kentucky’s city of firsts, is a small city with a rich historical background and a vibrant arts scene. The city is home to Centre College and the Ephraim McDowell Regional Medical Center, making it a commercial and economic hub for the surrounding area. Located 35 miles south of Lexington, many residents commute to the larger city. Danville’s historic Main Street is recognized for its charm and preservation, while new housing developments are emerging to meet growing demand. The city features a mix of historic homes and modern subdivisions, with plans for more single and multi-family units. Danville boasts several attractions, including the Norton Center for the Arts, Pioneer Playhouse, GLASS National Art Museum, and The Dollhouse Museum. The Great American Brass Band Festival is a notable event, drawing crowds for its musical performances. The local schools, Danville Independent Schools and Boyle County Schools, are highly rated, with a strong emphasis on football. Downtown Danville is a bustling commercial hub with vintage storefronts, a farmers market, and an open container district. Millennium Park offers walking trails and sports courts, while Herrington Lake provides opportunities for hiking and fishing. The Boyle County Public Library is a community focal point with daily event programming. Crime rates are on par with the state average, contributing to a sense of safety. Bluegrass Ride buses offer free transportation around town and to Lexington, which is about a 45-minute drive away.

Frequently Asked Questions

How much does it cost to rent a home in Danville, KY?
The median rent for a home in Danville, KY is $1,290 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Danville, KY?
To comfortably afford the median rent in Danville, KY, a household needs to earn roughly $51,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,290 per month in Danville, KY, renters typically need to show $3,870 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Danville, KY?
In Danville, KY, the price-to-rent ratio is 15.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Danville, KY

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,290
Median Single Family Home Rent
$1,293
Median Townhouse Rent
$1,500
Median Condo Rent
$995
How to Rent a Home