Kentucky housing market
Typical home value
$231K
▼ 0.2% 1 yr
5-year change
+25%
U.S. +20%
Median city rent
$1,335/mo
18 cities
Unemployment rate
4.7%
Median household income
$74K
2025
Key takeaways
- 1The typical home in Kentucky is worth $230,909, down 0.2% in a year and up 25% over five years. That's the #46 most expensive of 51.
- 2Across 18 cities with rent data, median typical rent is $1,335/mo, roughly a 6.9% gross yield on the typical home.
- 3Median household income was $73,750 in 2025, so the typical home costs 3.1× income.
- 4Unemployment is 4.7% (+0.2 pts in a year).
Home values
Source: Zillow Research (ZHVI, ZORI and market activity data).
Source: FRED, Federal Reserve Bank of St. Louis. Quarterly, all-transactions index.
Kentucky metro areas
Louisville, KY
$279K home$1,339 rent5.8% yield
▲ 1.5% 1 yr
Lexington, KY
$325K home$1,599 rent5.9% yield
▲ 3.3% 1 yr
Bowling Green, KY
$258K home$1,215 rent5.7% yield
▼ 0.4% 1 yr
Elizabethtown, KY
$245K home$1,297 rent6.3% yield
▼ 3.4% 1 yr
Owensboro, KY
$214K home$1,236 rent6.9% yield
▲ 3.5% 1 yr
Richmond, KY
$263K home$1,062 rent4.8% yield
▲ 1.1% 1 yr
Frankfort, KY
$254K home$1,039 rent4.9% yield
▲ 0.6% 1 yr
Kentucky cities
18 cities, largest first. Click a column to sort.
18 cities
| Louisville | $261K | ▲ 1.3% | $1,330 | ▲ 2.1% | 6.1% |
| Lexington | $331K | ▲ 3.4% | $1,631 | ▲ 3.9% | 5.9% |
| Bowling Green | $280K | ▲ 0.1% | $1,240 | ▲ 1.1% | 5.3% |
| Owensboro | $213K | ▲ 4.8% | $1,259 | ▲ 3.3% | 7.1% |
| Richmond | $299K | ▲ 1.2% | $1,109 | ▲ 1.8% | 4.5% |
| Elizabethtown | $266K | ▼ 2.5% | $1,339 | ▲ 0.7% | 6.0% |
| Florence | $288K | ▲ 0.7% | $1,522 | ▲ 2.4% | 6.3% |
| Frankfort | $249K | ■ 0.0% | $989 | ▲ 0.4% | 4.8% |
| Georgetown | $342K | ▲ 4.0% | $1,581 | ▲ 2.7% | 5.5% |
| Nicholasville | $327K | ▲ 2.5% | $1,454 | ▲ 4.3% | 5.3% |
| Covington | $217K | ▼ 0.2% | $1,513 | ▲ 5.8% | 8.4% |
| Hopkinsville | $193K | ▲ 1.2% | $1,035 | ▲ 3.5% | 6.4% |
| Radcliff | $210K | ▼ 1.0% | $934 | ▲ 1.4% | 5.3% |
| Erlanger | $248K | ■ 0.0% | $1,318 | ▲ 5.0% | 6.4% |
| Prospect | $635K | ▲ 3.6% | $2,382 | ▲ 4.7% | 4.5% |
| Newport | $242K | ▼ 0.8% | $1,560 | ▲ 4.4% | 7.7% |
| Oak Grove | $209K | ▼ 1.1% | $1,239 | ▲ 4.3% | 7.1% |
| Dayton | $199K | ▼ 1.1% | $2,015 | ▲ 6.1% | 12.2% |
Data refreshed Oct 26, 2026.