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Apartment Living in Kentucky
When you think of Kentucky, what springs to mind? Are you reminded of the famous Kentucky Derby, Daniel Boone, the cardinal, tobacco, fine bourbon or bluegrass? One of only four states in the union that calls themselves a "commonwealth", Kentucky is also known as the "Bluegrass State", its official nickname, and the state with "Unbridled Spirit". And as you search for your new apartment, you're sure to see this spirit along with the bluish-purple buds in lawns and pastures throughout Kentucky.
Bluegrass is not the only thing blooming in Kentucky; the state has been growing constantly. Kentucky is currently home to over 4 million residents. Reasonably priced utilities, housing and apartment prices help keep Kentucky's cost of living sitting comfortably around 90 percent.
Kentucky is the only state bordered by the sides of three rivers: the Mississippi to the west, the Ohio to the north and the less known Big Sandy to the east. Water enthusiasts will also enjoy Kentucky's internal rivers and additional 90,000 miles of streams, giving this state the most expansive and complex stream systems in the nation. All this natural beauty makes it likely for outdoor buffs to find an apartment close to the water.
Kentucky doesn't rely solely on agriculture and the production of tobacco for its strong economy. The state has a strong reputation for distilling bourbon, breeding thoroughbred horses, manufacturing automobiles, printing, producing electrical equipment and non-electrical machinery, food production, chemicals, apparel and tourism. And don't forget its status for bluegrass music, college basketball and the eastern Kentucky coalfields, which are recognized as being the most productive in the USA.
Start your apartment search in Kentucky's two largest cities. Louisville and Lexington have Kentucky's most disproportionate share of the state's population. Fifteen of the wealthiest counties in the state are in the greater Louisville metropolitan and the top 28 wealthiest places in Kentucky are in nearby Jefferson County.
Home to the Kentucky Derby and the largest annual fireworks show in the world, Louisville has a growing population of 250,000 and enjoys a cost of living that is10 percent below the national average. This welcoming economy of strong employers, entertainment and fun makes this city a leader on the list of potential apartment leaseholders. The prices of apartments will vary depending on the region you desire with apartment averages in the South starting at a low $550 to the more affluent Eastside that averages in the lower $1000.
While Louisville may have the inside track, the "Horse Capital of the World", the city of Lexington, with a populous of 225,000, is a close second. A city that boasts of its many working farm exhibits showing off more than 45 breeds of horses also features a diverse cityscape and vibrant downtown. Just south of downtown is the University of Kentucky. As with most college towns, apartments are plentiful around this 670-acre campus. A spacious two-bedroom apartment can be as cheap as $500 a month.