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Studio Apartment for Rent in Paris, KY

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    Starting at $339 Per Month

    • Studio - 3 Beds

    200 Short St, Paris, KY 40361

    Historic Paris is the County Seat of Bourbon County, Kentucky and is the Sister City of Paris, France. Apartments are conveniently located in Paris, close to downtown, schools, churches, the public library, the YMCA, and are a short drive to Lexington and Georgetown metropolitan areas and the Toyota manufacturing plant. Some units are ADA accessible, depending on availability. Apartments have on

    Housing Authority of Paris

    200 Short St, Paris, KY 40361

Why Live in Paris

Paris, KY, a small city with a population of around 10,000, is located 18 miles northeast of Lexington. Known for its larger lots and close-knit community, it attracts residents who often commute to Lexington or Georgetown, where Toyota’s largest manufacturing plant is situated. The city features a mix of brick homes, with higher-value areas like Stony Point, Hutchinson-Monterey, and Blacks Crossroads. Paris boasts six city parks, including a dog park, and the county's Legion Park & Fair Grounds, which hosts the annual Bourbon County Fair. Residents can enjoy two local golf courses and several horse farms offering horseback riding lessons. Dining options include local favorites such as Trackside Restaurant and Bourbon Bar, Lil’s Coffee House, and Canonero’s Cigar & Bourbon Bar, though nightlife is limited, prompting trips to Lexington for more options. Paris Independent Schools and Bourbon County Schools serve the area, with additional educational resources provided by the University of Kentucky’s Bourbon County Extension Office. The city experiences average summer highs in the 80s and winter lows in the 20s. Paris is connected to Lexington and Georgetown via U.S. Routes 68 and 460, with public transportation options available through Federated Transportation Services of the Bluegrass. Downtown Paris hosts monthly events, including art walks, festivals, and car shows, while the Bourbon County Fair and Horse Show is a notable annual attraction.

Frequently Asked Questions

How much does it cost to rent a home in Paris, KY?
The median rent for a home in Paris, KY is $1,200 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Paris, KY?
To comfortably afford the median rent in Paris, KY, a household needs to earn roughly $48,000 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 $1,200 per month in Paris, KY, renters typically need to show $3,600 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 Paris, KY?
In Paris, KY, the price-to-rent ratio is 17.2, 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

Number of Homes for Rent
1
Median Rent
$1,200
Median Single Family Home Rent
$1,475
Median Townhouse Rent
$1,000
Median Condo Rent
$1,700
How to Rent a Home