RentYield Atlas

ZIP 40216 — Louisville, KY: rental yield & market data

Gross rental yield of 5.93% — ranked #47 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
5.93%
Home value
$213,768
Market rent / mo
$1,057
Price-to-rent
16.9

Trend

Metric1-year change5-year change
Home value+1.4% +27.0%
Market rent+0.6% +26.8%

Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $12,684

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40216 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
41016LudlowKY$207,875$1,5238.79%11.4-0.7%
40213LouisvilleKY$214,658$1,4007.83%12.8+0.3%
42301OwensboroKY$213,183$1,1896.70%14.9+2.7%
42262Oak GroveKY$214,229$1,1406.39%15.7-0.9%
40214LouisvilleKY$222,962$1,1586.23%16.0+0.2%
40160RadcliffKY$218,337$1,0555.80%17.3-2.1%
42420HendersonKY$206,954$9555.54%18.1+0.2%
42303OwensboroKY$220,883$9355.08%19.7+2.6%

Top rental yields in all of Kentucky →

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