ZIP 40215 — Louisville, KY: rental yield & market data
Gross rental yield of 10.35% — ranked #6 of 90 Kentucky ZIP codes. June 2026 data.
Gross rental yield
10.35%
Home value
$142,048
Market rent / mo
$1,225
Price-to-rent
9.7
Trend
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -2.5% | +30.6% |
| Market rent | +4.9% | — |
Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $14,700
Comparable ZIP codes in Kentucky
Similar home values, sorted by yield — the cheapest way to see if 40215 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 40210 | Louisville | KY | $94,419 | $1,179 | 14.99% | 6.7 | +5.8% |
| 40211 | Louisville | KY | $99,300 | $1,190 | 14.38% | 7.0 | -3.9% |
| 40208 | Louisville | KY | $142,431 | $1,197 | 10.09% | 9.9 | +0.8% |
| 40203 | Louisville | KY | $152,173 | $1,101 | 8.68% | 11.5 | -0.7% |
| 41014 | Covington | KY | $185,844 | $1,317 | 8.51% | 11.8 | -1.2% |
| 42071 | Murray | KY | $184,460 | $1,112 | 7.24% | 13.8 | -15.6% |
| 40351 | Morehead | KY | $191,184 | $976 | 6.13% | 16.3 | -1.2% |
| 40701 | Corbin | KY | $171,891 | $875 | 6.11% | 16.4 | -4.4% |
Top rental yields in all of Kentucky →
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