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Studio Apartment for Rent in Paducah, KY

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    $899 Per Month

    • Studio
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    2016 Guthrie Ave Unit 2016 A Guthrie ave, Paducah, KY 42003

    2016 Guthrie Ave Unit 2016 A Guthrie ave, Paducah, KY 42003

Why Live in Paducah

Paducah, Kentucky, is a riverfront city known for its thriving arts scene and historic downtown. The Lower Town district, revitalized by an artist relocation program, features coffee shops, galleries, and artist residences. The Historic Downtown District, located at the confluence of the Ohio and Tennessee rivers, emphasizes culinary arts and theater. The city has a population of approximately 26,700, with Baptist Health and Mercy Health as major employers. Housing options range from early 20th-century foursquares and Colonial Revivals to bungalows and shotgun-style homes. Newer suburbs feature New Traditional and contemporary homes, while downtown offers converted warehouse condos. The city is prone to flooding from the Ohio River and its tributaries. Paducah's dining scene includes historic establishments like Kirchhoff's bakery and deli, Barrel & Bond, and Freight House, a farm-to-table restaurant. Retail shopping is concentrated around Kentucky Oaks Mall and the Paducah City Center. The city is served by highly rated McCracken County Public Schools and Paducah Public Schools. Entertainment options include the Lower Town Arts and Music Festival, The Carson Center, Market House Theatre, and the annual Barbeque on the River festival. Public greenspaces such as Bob Noble Park and the Greenway Trail offer recreational activities. While Paducah is primarily a driver's city, downtown is walkable and increasingly bike-friendly, with a trolley and public transit bus system available. Nashville International Airport is 140 miles away via Interstate 24.

Frequently Asked Questions

How much does it cost to rent a home in Paducah, KY?
The median rent for a home in Paducah, KY is $1,125 per month, though prices vary by neighborhood, size, and property type. As of May 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 Paducah, KY?
To comfortably afford the median rent in Paducah, KY, a household needs to earn roughly $45,000 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 $1,125 per month in Paducah, KY, renters typically need to show $3,375 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 Paducah, KY?
In Paducah, KY, the price-to-rent ratio is 15.6, 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 Home Trends in Paducah, KY

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,125
Median Single Family Home Rent
$1,175
Median Townhouse Rent
$1,313
Median Condo Rent
$1,100
How to Rent a Home