RentYield Atlas

ZIP 40245 — Louisville, KY: rental yield & market data

Gross rental yield of 4.06% — ranked #89 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
4.06%
Home value
$489,980
Market rent / mo
$1,659
Price-to-rent
24.6

Trend

Metric1-year change5-year change
Home value+1.8% +22.9%
Market rent+3.0%

Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $19,908

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40245 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
41091UnionKY$465,370$2,4506.32%15.8+2.5%
40507LexingtonKY$403,755$1,6054.77%21.0+8.3%
40509LexingtonKY$407,596$1,6024.72%21.2+1.9%
40205LouisvilleKY$399,828$1,4984.49%22.2+4.2%
40241LouisvilleKY$423,113$1,5344.35%23.0+1.8%
40222LouisvilleKY$403,872$1,4034.17%24.0+1.5%
40207LouisvilleKY$436,633$1,4604.01%24.9+2.7%
40502LexingtonKY$576,284$1,4122.94%34.0+6.4%

Top rental yields in all of Kentucky →

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