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Apartments for rent in Loretto, KY

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All About

Living In Loretto, KY

Loretto is a small town in Kentucky with a population of slightly less than 1,000. With an average age of just over 39, the town's population ranks around the middle compared to other municipalities in the state, which has an average age of 38. Renters tend to be in the minority in Loretto, and 83% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $687 per month. Over the course of a year, renters in Loretto will save around $1,100 compared to the state average.

Averaging about 32 minutes, the commute time for Loretto residents is longer than the state average of about 23 minutes. Driving a car or truck is the most common way to get to work, chosen by 35% of commuters, while public transportation isn't used. Walking isn't a common way to get to work.

There are two primary industries in Loretto: manufacturing and healthcare. Together, these industries account for 19% of the town's labor force. Meanwhile, in terms of job function, many workers in these industries are in transportation, which ranks as the top field in the town. With an average annual income of just over $49K, Loretto workers earn around $13,000 less than their peers elsewhere in Kentucky. The town's average income also falls below the national average ($73,345). Compared to the state average, Loretto has a relatively high concentration of residents older than 25 who have earned an Associate's degree (6%). In addition, 5% have a Bachelor's, Master's, Professional, or Doctoral degree.

Frequently Asked Questions About Loretto

Looking for a cheap Loretto apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Loretto, KY Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Loretto apartment?

If you have a dog or cat, you'll need to find an apartment in Loretto that accepts pets. Apply Apartment Guide's pet friendly filter to see only Loretto apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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