Owensboro, KY housing market
Typical home value
$213K
▲ 4.8% 1 yr
Typical rent
$1,259/mo
▲ 3.3% 1 yr
Gross rent yield
7.1%
U.S. 6.3%
5-year home value change
+33%
U.S. +20%
Key takeaways
- 1The typical home in Owensboro is worth $213,413, up 4.8% over the past year and up 33% over five years.
- 2Typical rent is $1,259 a month (+3.3% YoY), a gross rent yield of 7.1% (above the Owensboro, KY metro's 6.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,173/mo, $86 less than typical rent.
- 4Zillow forecasts the Owensboro, KY metro's home values to change +2.1% over the next 12 months.
Market temperature (Owensboro, KY metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 30/100, #444 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Owensboro compares
| Measure | Owensboro | Owensboro, KY metro | United States |
|---|---|---|---|
| Typical home value | $213,413 | $213,968 | $366,157 |
| Home value, 1-yr change | +4.8% | +3.5% | +1.2% |
| Typical rent | $1,259 | $1,236 | $1,932 |
| Rent, 1-yr change | +3.3% | +3.2% | +2.7% |
| Gross rent yield | 7.1% | 6.9% | 6.3% |
| Price-to-rent ratio | 14.1 | 14.4 | 15.8 |
| Mortgage P&I, typical home | $1,173 | $1,176 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Owensboro rental, pre-filled.
Rent vs buy in Owensboro
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $213K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.