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Flatwoods, KY Home for Rent

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    $693 Per Month

    • 2 Beds
    • 1 Bath
    • 1,248 Sq Ft
    • House for Rent

    531 N 4th St, Flatwoods, KY 41139

    531 N 4th St, Flatwoods, KY 411392 beds 1 bath1248 sq. ft. / Lot size 5,250 sq. ft.SUMMER SPECIAL!! $1,000 OFF INITIAL PAYMENT!!$693 Per month. No credit requirements.In order to qualify, you must have verifiable income greater than 4 times the monthly payment and a clean rental history for starters.Call 1- or email us at

    531 N 4th St, Flatwoods, KY 41139

Why Live in Flatwoods

Flatwoods, Kentucky, is a quiet residential community located about 5 miles from Ashland. The town is known for its winding streets lined with 20th-century ranch-style homes, cottages, split-levels, and bi-levels, many of which feature shaded front porches and spacious lawns with mature pine trees. The Russell Independent School District serves the area, with highly rated schools including Russell Primary School, Russell-McDowell Intermediate, Russell Middle, and Russell High, which is known for its strong sports programs. Local amenities include B.F. Crager Community Park, which offers basketball courts, playgrounds, and a walking trail, as well as the Flatwoods Dog Park and the seasonal Flatwoods City Pool. For more extensive outdoor activities, Wayne National Forest is about 10 miles away and features Lake Vesuvius with its beaches, campgrounds, and multiuse trails. The community hosts an annual Harvest Festival in October, featuring food vendors, kids' activities, a Halloween Parade, and a spooky movie night. Dining options are primarily found along Argillite Road, with local favorites like Pappy’s Cookin’ and Taco Brothers. Flatwoods is well-connected via Route 23, providing access to Ashland, Huntington, and Lexington. The UK King’s Daughters Medical Center is approximately 10 miles away, and Huntington Tri-State Airport is about 15 miles from the community. While some homes near the river may experience occasional noise from industrial rail lines, the trains are less frequent than in the past.

Frequently Asked Questions

How much does it cost to rent a home in Flatwoods, KY?
The median rent for a home in Flatwoods, KY is $784 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 Flatwoods, KY?
To comfortably afford the median rent in Flatwoods, KY, a household needs to earn roughly $31,360 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 $784 per month in Flatwoods, KY, renters typically need to show $2,352 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 Flatwoods, KY?
In Flatwoods, KY, the price-to-rent ratio is 17.9, 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 Flatwoods, KY are best for renting a home?
The best neighborhood for renting in Flatwoods, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include West Huntington, Southside, Downtown Huntington, Fairfield and Southeast Hills, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$784
Median Single Family Home Rent
$693
Median Condo Rent
$875
How to Rent a Home