RentYield Atlas

ZIP 40217 — Louisville, KY: rental yield & market data

Gross rental yield of 7.87% — ranked #12 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
7.87%
Home value
$244,403
Market rent / mo
$1,603
Price-to-rent
12.7

Trend

Metric1-year change5-year change
Home value+0.1% +23.0%
Market rent+1.9% +31.2%

Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $19,236

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40217 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
41071NewportKY$235,905$1,5758.01%12.5+0.1%
41073BellevueKY$250,144$1,5897.62%13.1+1.9%
40219LouisvilleKY$239,009$1,4627.34%13.6+3.5%
40505LexingtonKY$235,440$1,3636.95%14.4+3.2%
41015Taylor MillKY$236,401$1,2996.59%15.2+1.9%
41018ElsmereKY$239,019$1,2786.42%15.6-2.1%
42101Bowling GreenKY$241,658$1,1255.59%17.9+0.1%
40601FrankfortKY$247,546$1,1515.58%17.9-1.9%

Top rental yields in all of Kentucky →

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