RentYield Atlas

ZIP 40291 — Louisville, KY: rental yield & market data

Gross rental yield of 6.23% — ranked #41 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
6.23%
Home value
$313,665
Market rent / mo
$1,629
Price-to-rent
16.0

Trend

Metric1-year change5-year change
Home value+0.5% +20.0%
Market rent+12.0%

Metro: Louisville/Jefferson County, KY-IN · County: Jefferson County · Annual rent: $19,548

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40291 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
40511LexingtonKY$316,813$1,8717.09%14.1+2.4%
40165ShepherdsvilleKY$303,484$1,4595.77%17.3-0.8%
40356NicholasvilleKY$327,010$1,5465.67%17.6+3.0%
40047Mount WashingtonKY$328,505$1,5315.59%17.9+2.9%
40065ShelbyvilleKY$311,513$1,4485.58%17.9-0.5%
40220LouisvilleKY$298,351$1,3725.52%18.1+1.9%
42104Bowling GreenKY$328,319$1,3364.88%20.5+0.4%
40475RichmondKY$303,380$1,1884.70%21.3+1.5%

Top rental yields in all of Kentucky →

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