Gross rental yield of 5.61% — ranked #54 of 90 Kentucky ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +0.3% | +17.1% |
| Market rent | +4.4% | +31.5% |
Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $16,332
Similar home values, sorted by yield — the cheapest way to see if 40204 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 40228 | Louisville | KY | $277,890 | $1,590 | 6.87% | 14.6 | +2.3% |
| 41042 | Florence | KY | $281,967 | $1,584 | 6.74% | 14.8 | -0.0% |
| 41011 | Covington | KY | $292,523 | $1,620 | 6.65% | 15.0 | +0.7% |
| 40504 | Lexington | KY | $276,323 | $1,476 | 6.41% | 15.6 | +5.0% |
| 40165 | Shepherdsville | KY | $303,484 | $1,459 | 5.77% | 17.3 | -0.8% |
| 40206 | Louisville | KY | $286,939 | $1,362 | 5.69% | 17.6 | -1.3% |
| 40220 | Louisville | KY | $298,351 | $1,372 | 5.52% | 18.1 | +1.9% |
| 40475 | Richmond | KY | $303,380 | $1,188 | 4.70% | 21.3 | +1.5% |
Top rental yields in all of Kentucky →
Screening more than one ZIP? Get every Kentucky ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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