RentYield Atlas

ZIP 40356 — Nicholasville, KY: rental yield & market data

Gross rental yield of 5.67% — ranked #52 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
5.67%
Home value
$327,010
Market rent / mo
$1,546
Price-to-rent
17.6

Trend

Metric1-year change5-year change
Home value+3.0% +38.0%
Market rent+8.0% +61.4%

Metro: Lexington-Fayette, KY · County: Jessamine County · Annual rent: $18,552

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40356 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
41051IndependenceKY$339,691$2,1657.65%13.1+2.8%
41005BurlingtonKY$332,800$2,0507.39%13.5+2.1%
40511LexingtonKY$316,813$1,8717.09%14.1+2.4%
40291LouisvilleKY$313,665$1,6296.23%16.0+0.5%
40047Mount WashingtonKY$328,505$1,5315.59%17.9+2.9%
42104Bowling GreenKY$328,319$1,3364.88%20.5+0.4%
40242LouisvilleKY$332,017$1,3144.75%21.1+1.9%
40202LouisvilleKY$339,568$1,2004.24%23.6+5.1%

Top rental yields in all of Kentucky →

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