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Erlanger, KY Condo for Rent

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    $1,100 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    117 Clay St, Erlanger, KY 41018

    117 Clay St. Erlanger, KY 41018$1,100/month | 1 Bedroom | 1 Full BathroomWelcome home to this charming 1-bedroom, 1-bath apartment in a quiet residential neighborhood in the heart of Erlanger. Featuring an open floor plan, high ceilings, and beautiful hardwood floors, this apartment offers a bright and comfortable living space with plenty of character. Enjoy the added bonus of a

    117 Clay St, Erlanger, KY 41018

Frequently Asked Questions

How much does it cost to rent a condo in Erlanger, KY?
The median rent for a condo in Erlanger, KY is $1,622 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.
How much do you need to make to afford rent in Erlanger, KY?
To comfortably afford the median rent in Erlanger, KY, a household needs to earn roughly $64,880 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 $1,622 per month in Erlanger, KY, renters typically need to show $4,866 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 Erlanger, KY?
In Erlanger, KY, the price-to-rent ratio is 13.1, 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 Erlanger, KY are best for renting a condo?
The best neighborhood for renting in Erlanger, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Peaselburg, West Price Hill, Downtown Covington, City Center and West End, each with its own character and price range.
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