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Newest Homes for Rent in Danville, KY

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  • /11

    $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
  • /14

    $1,150

    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
  • /2

    $2,800 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
  • /8

    $1,295 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

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 $1,750 per month, though prices vary by neighborhood, size, and property type. As of July 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 $70,000 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 $1,750 per month in Danville, KY, renters typically need to show $5,250 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 11.7, 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 and Northeast Nicholasville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,750
Median Single Family Home Rent
$1,295
Median Condo Rent
$1,750
How to Rent a Home