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Danville, KY Homes for Rent

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  • /14

    $1,550 Per Month

    • 4 Beds
    • 1 Bath
    • 1,620 Sq Ft
    • House for Rent

    3282 Old Hustonville Rd, Danville, KY 40422

    Property Id: 1641133 3 bedroom 1 bath Large den Large yard Dead end street Garage HVAC Gas Heat School District- Boyle County school, Junction city elementary. $1450 month Available November 15th, 2024

    3282 Old Hustonville Rd, Danville, KY 40422
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    $1,095

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    1008 W Lexington Ave, Danville, KY 40422

    1008 W Lexington Ave, Danville, KY 40422
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    $2,300 Per Month

    • 2 Beds
    • 2 Baths
    • 1,921 Sq Ft
    • Condo for Rent

    125 N 4th St Unit 2, Danville, KY 40422

    A one of a kind rental opportunity in the Heart of Danville - less than 1 block from Main Street., and only 1.5 blocks to Centre College and Ephraim McDowell. Enjoy living in this New York City vibed space with exposed brick, custom millwork and stunning architectural details plus a rooftop terrace with views in every direction. Huge eat-in kitchen is open to a large living room overlooking 4th

    Dianne Alarie National Real Estate

    125 N 4th St Unit 2, Danville, KY 40422
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    $1,300 Per Month

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

    432 Chestnut St, Danville, KY 40422

    Welcome home to this beautiful 2-bedroom, 2-bathroom residence, offering a spacious and comfortable layout that's perfect for everyday living. With generously sized living spaces and a large fenced-in yard, this home provides the ideal setting for relaxing, entertaining, or enjoying outdoor activities.Property Features:2 Bedrooms2 Full BathroomsSpacious Living

    432 Chestnut St, Danville, KY 40422
  • /11

    $955 Per Month

    • 1 Bed
    • 1 Bath
    • 720 Sq Ft
    • 1-Bed 1-Bath House

    508 Russell St, Danville, KY 40422

    508 Russell Street in Danville, KY is a newly renovated 1-bedroom, 1-bath home that combines modern updates with classic curb appeal. The property features a welcoming front porch, a private back yard, and included appliances for immediate convenience. Washer/dryer hookups are provided for added practicality. Thoughtfully updated interior finishes and a practical layout make this residence a

    508 Russell St, Danville, KY 40422
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    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 834 Sq Ft
    • Condo for Rent

    417 Earl St Unit B, Danville, KY 40422

    417 Earl St Unit B, Danville, KY 40422
  • /2

    $2,750 Per Month

    • 3 Beds
    • 3 Baths
    • Close to the college.....YOU will want to view this lovely 1800 Victorian Queen Anne home now ava...

    114 W Lexington Ave, Danville, KY 40422

    Close to the college.....YOU will want to view this lovely 1800 Victorian Queen Anne home now available to rent ,Mid July. Large front porch into the first floor of this homes.. Off the two- story entrance foyer are 2 spacious rooms, living room and sitting room with a fireplace in each area. An updated kitchen has granite countertops, gas stove, cabinets galore with pull out storage shelves and

    114 W Lexington Ave, Danville, KY 40422
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    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • 1,147 Sq Ft
    • 2-Bedroom 1-Bath + Bonus room

    327 N 4th St, Danville, KY 40422

    Discover this newly renovated 2-bedroom, 1-bath home in Danville, KY. The refreshed interior features a new kitchen and hardwood floors throughout the main living areas. An additional bonus room provides flexible space for an office or hobby area, and the unfinished basement offers storage or workshop. Situated on a corner lot, the property benefits from increased curb presence and outdoor space.

    327 N 4th St, Danville, KY 40422
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    $399 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    261 Scott Ln, Danville, KY 40422

    Mobile Home Lot Mobile Home Rental

    261 Scott Ln, Danville, KY 40422
  • /15

    $1,050 Per Month

    • 2 Beds
    • 1 Bath
    • 920 Sq Ft
    • 520 Denmark Drive

    522 Denmark Dr Unit 522, Danville, KY 40422

    522 Denmark Dr Unit 522, 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 $1,300 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos 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 $52,000 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 $1,300 per month in Danville, KY, renters typically need to show $3,900 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 16.1, 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.
What neighborhoods in Danville, KY are best for renting a home?
The best neighborhood for renting in Danville, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include South Nicholasville, West Nicholasville and Northeast Nicholasville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$1,300
Median Single Family Home Rent
$1,295
Median Condo Rent
$1,373
How to Rent a Home