RentYield Atlas

ZIP 40228 — Louisville, KY: rental yield & market data

Gross rental yield of 6.87% — ranked #26 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
6.87%
Home value
$277,890
Market rent / mo
$1,590
Price-to-rent
14.6

Trend

Metric1-year change5-year change
Home value+2.3% +24.7%
Market rent

Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $19,080

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40228 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
40175Vine GroveKY$267,667$1,6257.29%13.7-2.6%
41076Cold SpringKY$270,885$1,5366.81%14.7+1.8%
41042FlorenceKY$281,967$1,5846.74%14.8-0.0%
40504LexingtonKY$276,323$1,4766.41%15.6+5.0%
42701ElizabethtownKY$272,866$1,3275.84%17.1-2.8%
40206LouisvilleKY$286,939$1,3625.69%17.6-1.3%
40342LawrenceburgKY$266,685$1,1385.12%19.5+1.1%
40004BardstownKY$268,691$1,0754.80%20.8+3.8%

Top rental yields in all of Kentucky →

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