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Apartments Near Somerset Community College

1 - 3 of 3 Results
$1,000
517 Hall Street
Somerset, KY
3 BR | Available Now
1.7 miles from center of campus
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Dog Friendly
Storage
Dishwasher
7
$1,250
301 N Maple St
Somerset, KY
2 BR | Available Now
2.7 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
$1,500
106 Lin Don Drive
Somerset, KY
3 BR | Available Now
3.0 miles from center of campus
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Dog Friendly
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1 - 3 of 3 Results
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Frequently Asked Questions

How many apartments are available in Somerset, KY on Rentable.co?

Rentable.co has over 155 apartments available in Somerset.

Somerset:
May Rent Report

Welcome to the May 2024 Somerset Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Somerset rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Somerset and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Somerset average rent prices in the chart below.

Monthly Rent Report

$1,050
$790
$530
$260
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Somerset Rent Prices Increase From April to May

Somerset rent prices increased over the last month. From April to May, the city experienced a 23.55% increase for the price of a one-bedroom apartment. The rent price for a Somerset one-bedroom apartments currently stands at $724.0.

When we take a look at the two-bedroom comparison from April to May, Somerset experienced a -0.1% decrease for the price of a two-bedroom apartment. The rent price for a Somerset two-bedroom apartments currently stands at $952.0.

May Prices: Somerset vs. Surrounding Areas

Rent Prices in Somerset and Surrounding Areas

Rent prices have increased in Somerset over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Somerset suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Somerset suburbs

  • Rents did not decrease in any of the Somerset suburbs.

May 2024 Pricing Trends: Somerset vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Somerset Rent Prices More Affordable Than Major Cities

Rent growth in Somerset over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Somerset average rent prices appear to be relatively affordable for local residents.

The price for a Somerset one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Somerset and surrounding area rent prices, take a look at the complete data set below.

Data set for Somerset and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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