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RE Intelligence

Rental numbers for Jefferson County, KY

The typical home here runs -$809 a month at 7.78% with 25% down, breaking even at about 0.8%. 3 of 32 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%.

Gross yield
6.1%
typical home, Zillow
Median ZIP yield
6.2%
32 ZIPs with full data
Cash flow
-$809/mo
at 7.78%, 25% down
Typical price
$266,000
Zillow ZHVI, Aug 2026
Typical rent
$1,360/mo
Zillow ZORI, Aug 2026

ZIP codes in Jefferson County

33 with published figures

40210Louisville$89,000$1,20516.2%10.3%+$288+4.7%
40211Louisville$94,000$1,15614.8%9.2%+$215+0.4%
40212Louisville$87,000$1,05614.6%8.8%+$172-0.3%
40209Louisville$126,000$1,150*10.9%6.0%-$44n/a
40215Louisville$137,000$1,22310.7%5.9%-$59n/a
40208Louisville$138,000$1,1379.9%5.5%-$114+4.8%
40213Louisville$211,000$1,4618.3%4.5%-$342n/a
40203Louisville$151,000$1,0058.0%4.0%-$304-2.3%
40258Louisville$226,000$1,4637.8%4.1%-$438-0.0%
40217Louisville$239,000$1,4267.2%3.6%-$567+2.4%
40229Louisville$252,000$1,5007.1%3.8%-$568+3.4%
40218Louisville$218,000$1,2827.0%3.5%-$545-0.0%
40216Louisville$209,000$1,2247.0%3.4%-$535-1.4%
40272Louisville$224,000$1,3057.0%3.5%-$556+1.1%
40219Louisville$236,000$1,3316.8%3.4%-$601+2.5%
40291Louisville$308,000$1,7186.7%3.5%-$775n/a
40118Louisville$210,000$1,1116.3%2.8%-$637n/a
40228Louisville$273,000$1,3776.1%2.8%-$825n/a
40214Louisville$221,000$1,1056.0%2.5%-$731-2.8%
40206Louisville$289,000$1,3835.7%2.4%-$990-0.6%
40243Louisville$340,000$1,5775.6%2.5%-$1,117+2.7%
40220Louisville$292,000$1,3345.5%2.3%-$1,021+0.7%
40204Louisville$283,000$1,2625.3%2.1%-$1,026+3.3%
40242Louisville$325,000$1,3975.1%2.0%-$1,200n/a
40299Louisville$341,000$1,4595.1%2.1%-$1,248+2.7%
40223Louisville$386,000$1,5864.9%2.1%-$1,415+2.5%
40241Louisville$415,000$1,5814.6%1.7%-$1,643+3.8%
40222Louisville$395,000$1,4674.5%1.6%-$1,605+3.6%
40205Louisville$391,000$1,4244.4%1.4%-$1,643+1.8%
40059Prospect$629,000$2,2624.3%1.5%-$2,583+7.3%
40202Louisville$339,000$1,2084.3%1.1%-$1,506-2.4%
40207Louisville$428,000$1,4974.2%1.4%-$1,824+6.1%
40245Louisville$485,000$1,6854.2%1.4%-$2,054+3.5%

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
+1.2%
Rent, 12 months
+1.6%
Rent minus price growth
+0.4 pts
Property tax
0.86%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
10011012013020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$218,013$1,061
Aug 2022$235,718$1,183
Aug 2023$243,726$1,230
Aug 2024$251,920$1,310
Aug 2025$262,665$1,338
Aug 2026$265,923$1,360

HUD Fair Market Rent

FY2027, Louisville, KY-IN HUD Metro FMR Area

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$976$1,058$1,276$1,629$1,874

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
7.0
2,338 units, last 12 months
National percentile
59th
among US counties

Tools

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Questions

Is Jefferson County good for rental property?
The typical home here runs -$809 a month at 7.78% with 25% down, breaking even at about 0.8%. 3 of 32 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Jefferson County?
About 0.86% of value, from Census ACS median taxes paid over median home value. On a $266,000 home that is about $2,287 a year.
What is Fair Market Rent in Jefferson County?
HUD's FY2027 Fair Market Rent here is $1,058 for a 1-bedroom, $1,276 for a 2-bedroom and $1,629 for a 3-bedroom. Typical cash flow at today's rate is -$809 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.