Rental numbers for the Frankfort, KY metro
The typical home here runs -$962 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.3%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.3%
- 2 ZIPs with full data
- Cash flow
- -$962/mo
- at 7.78%, 25% down
- Typical price
- $255,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,079/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
2 with published figures
Trends
Five years to August 2026
- Price, 12 months
- +0.5%
- Rent, 12 months
- +0.7%
- Rent minus price growth
- +0.2 pts
- Property tax
- 0.77%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $190,407 | $797 |
| Aug 2022 | $211,019 | $875 |
| Aug 2023 | $218,749 | $939 |
| Aug 2024 | $234,289 | $976 |
| Aug 2025 | $253,971 | $1,072 |
| Aug 2026 | $255,215 | $1,079 |
Counties
- Anderson County, KY5.8% median yield
- Franklin County, KY4.9% median yield
Tools
Questions
- Is the Frankfort, KY metro good for rental property?
- The typical home here runs -$962 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Frankfort, KY metro have the highest rental yield?
- 40342 (Lawrenceburg) at 5.8%, 40601 (Frankfort) at 4.9%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
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.