RentYield Atlas

ZIP 40508 — Lexington, KY: rental yield & market data

Gross rental yield of 6.63% — ranked #32 of 90 Kentucky ZIP codes. June 2026 data.

Gross rental yield
6.63%
Home value
$232,960
Market rent / mo
$1,288
Price-to-rent
15.1

Trend

Metric1-year change5-year change
Home value+0.4% +39.5%
Market rent+6.6% +39.0%

Metro: Lexington-Fayette, KY · County: Fayette County · Annual rent: $15,456

Comparable ZIP codes in Kentucky

Similar home values, sorted by yield — the cheapest way to see if 40508 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
40258LouisvilleKY$231,202$1,6118.36%12.0+1.4%
41071NewportKY$235,905$1,5758.01%12.5+0.1%
40272LouisvilleKY$226,574$1,3977.40%13.5+0.6%
40219LouisvilleKY$239,009$1,4627.34%13.6+3.5%
42001PaducahKY$227,252$1,3627.19%13.9-0.0%
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%

Top rental yields in all of Kentucky →

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