Rental numbers for the Lexington, KY metro
The typical home here runs -$1,057 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%.
- Gross yield
- 5.7%
- typical home, Zillow
- Median ZIP yield
- 5.5%
- 15 ZIPs with full data
- Cash flow
- -$1,057/mo
- at 7.78%, 25% down
- Typical price
- $326,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,539/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
25 with published figures
| 40348Millersburg | $143,000 | $1,050* | 8.8% | 4.4% | -$242 | n/a |
| 40511Lexington | $314,000 | $1,920 | 7.3% | 3.9% | -$663 | +3.2% |
| 40504Lexington | $272,000 | $1,568 | 6.9% | 3.5% | -$677 | +4.6% |
| 40514Lexington | $372,000 | $2,045 | 6.6% | 3.5% | -$930 | +10.8% |
| 40517Lexington | $256,000 | $1,405 | 6.6% | 3.2% | -$691 | +2.2% |
| 40505Lexington | $231,000 | $1,227 | 6.4% | 2.9% | -$693 | +4.9% |
| 40391Winchester | $255,000 | $1,345 | 6.3% | 3.1% | -$713 | +6.2% |
| 40508Lexington | $229,000 | $1,192 | 6.3% | 2.8% | -$697 | +3.3% |
| 40311Carlisle | $203,000 | $1,050* | 6.2% | 2.9% | -$600 | n/a |
| 40324Georgetown | $341,000 | $1,571 | 5.5% | 2.6% | -$1,093 | +3.0% |
| 40356Nicholasville | $326,000 | $1,484 | 5.5% | 2.5% | -$1,083 | +4.3% |
| 40383Versailles | $361,000 | $1,619 | 5.4% | 2.5% | -$1,193 | +0.7% |
| 40503Lexington | $347,000 | $1,544 | 5.3% | 2.3% | -$1,213 | +3.2% |
| 40370Sadieville | $339,000 | $1,380* | 4.9% | 2.2% | -$1,207 | n/a |
| 40361Paris | $259,000 | $1,050* | 4.9% | 1.8% | -$1,000 | n/a |
| 40515Lexington | $383,000 | $1,538 | 4.8% | 1.9% | -$1,447 | +3.0% |
| 40509Lexington | $403,000 | $1,579 | 4.7% | 1.8% | -$1,584 | +2.6% |
| 40516Lexington | $344,000 | $1,300* | 4.5% | 1.5% | -$1,436 | n/a |
| 40507Lexington | $418,000 | $1,408 | 4.0% | 0.9% | -$1,948 | n/a |
| 40379Stamping Ground | $356,000 | $1,190* | 4.0% | 1.4% | -$1,499 | n/a |
| 40390Wilmore | $320,000 | $1,050* | 3.9% | 1.1% | -$1,428 | n/a |
| 40347Midway | $378,000 | $1,150* | 3.6% | 1.0% | -$1,727 | n/a |
| 40513Lexington | $573,000 | $1,650* | 3.5% | 0.8% | -$2,689 | n/a |
| 40502Lexington | $569,000 | $1,480 | 3.1% | 0.6% | -$2,783 | +6.0% |
| 40510Lexington | $764,000 | $1,430* | 2.3% | 0.2% | -$4,003 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.3%
- Rent, 12 months
- +2.9%
- Rent minus price growth
- -0.4 pts
- Property tax
- 0.80%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $245,088 | $1,153 |
| Aug 2022 | $275,642 | $1,281 |
| Aug 2023 | $290,140 | $1,348 |
| Aug 2024 | $306,146 | $1,431 |
| Aug 2025 | $315,998 | $1,495 |
| Aug 2026 | $326,418 | $1,539 |
Counties
- Nicholas County, KYn/a median yield
- Scott County, KY5.5% median yield
- Woodford County, KY5.4% median yield
- Bourbon County, KYn/a median yield
- Jessamine County, KY5.5% median yield
- Clark County, KY6.3% median yield
- Fayette County, KY6.3% median yield
Tools
Questions
- Is the Lexington, KY metro good for rental property?
- The typical home here runs -$1,057 a month at 7.78% with 25% down, breaking even at about 0.2%. 0 of 15 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Lexington, KY metro have the highest rental yield?
- 40511 (Lexington) at 7.3%, 40504 (Lexington) at 6.9%, 40514 (Lexington) at 6.6%, 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.