Kentucky — Rental Investment Markets
All Kentucky metros ranked by cap rate. Median cap rate: 4.4%, median home price: $243,969.
Median Cap Rate
4.4%
Median Home Price
$243,969
Median Rent
$1,425/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Garrison, KY | 8.4% | +$185/mo | $111,310 | $1,140/mo | 🟢 STRONG |
| 2 | West Point, KY | 7.7% | +$143/mo | $132,053 | $1,260/mo | 🟢 GOOD |
| 3 | South Shore, KY | 7.3% | +$95/mo | $124,532 | $1,140/mo | 🟢 GOOD |
| 4 | Roundhill, KY | 7.2% | +$122/mo | $186,371 | $1,680/mo | 🟢 GOOD |
| 5 | Rush, KY | 6.8% | +$44/mo | $139,464 | $1,200/mo | 🟢 GOOD |
| 6 | Huntington, KY | 6.5% | +$16/mo | $142,144 | $1,140/mo | 🟢 GOOD |
| 7 | Corinth, KY | 6.1% | -$33/mo | $158,144 | $1,260/mo | 🟢 GOOD |
| 8 | Payneville, KY | 5.8% | -$137/mo | $215,691 | $1,605/mo | 🟡 MODERATE |
| 9 | Glencoe, KY | 5.7% | -$116/mo | $192,385 | $1,440/mo | 🟡 MODERATE |
| 10 | Herndon, KY | 5.4% | -$208/mo | $206,044 | $1,440/mo | 🟡 MODERATE |
| 11 | Custer, KY | 5.3% | -$173/mo | $194,822 | $1,390/mo | 🟡 MODERATE |
| 12 | Louisville, KY | 5.2% | -$218/mo | $252,789 | $1,790/mo | 🟡 MODERATE |
| 13 | Caneyville, KY | 5.2% | -$161/mo | $156,469 | $1,090/mo | 🟡 MODERATE |
| 14 | Owensboro, KY | 5.2% | -$193/mo | $207,385 | $1,475/mo | 🟡 MODERATE |
| 15 | Covington, KY | 4.9% | -$342/mo | $231,428 | $1,485/mo | 🟡 MODERATE |
| 16 | Pleasureville, KY | 4.7% | -$341/mo | $245,250 | $1,600/mo | 🟡 MODERATE |
| 17 | Grayson, KY | 4.6% | -$261/mo | $177,403 | $1,140/mo | 🟡 MODERATE |
| 18 | Berry, KY | 4.6% | -$299/mo | $204,953 | $1,320/mo | 🟡 MODERATE |
| 19 | Brooksville, KY | 4.6% | -$303/mo | $205,562 | $1,320/mo | 🟡 MODERATE |
| 20 | Eminence, KY | 4.5% | -$360/mo | $232,298 | $1,470/mo | 🟡 MODERATE |
| 21 | Vine Grove, KY | 4.4% | -$445/mo | $268,059 | $1,660/mo | 🟡 MODERATE |
| 22 | New Castle, KY | 4.3% | -$438/mo | $247,545 | $1,500/mo | 🟡 MODERATE |
| 23 | Frankfort, KY | 4.2% | -$438/mo | $242,689 | $1,460/mo | 🟡 MODERATE |
| 24 | Bee Spring, KY | 4.1% | -$351/mo | $182,362 | $1,070/mo | 🟡 MODERATE |
| 25 | Lebanon Junction, KY | 3.9% | -$487/mo | $238,943 | $1,370/mo | 🔴 WEAK |
| 26 | Pewee Valley, KY | 3.9% | -$750/mo | $364,449 | $2,080/mo | 🔴 WEAK |
| 27 | Lawrenceburg, KY | 3.8% | -$569/mo | $259,585 | $1,440/mo | 🔴 WEAK |
| 28 | Lexington, KY | 3.5% | -$814/mo | $360,374 | $1,780/mo | 🔴 WEAK |
| 29 | Mount Eden, KY | 3.4% | -$688/mo | $273,647 | $1,410/mo | 🔴 WEAK |
| 30 | Williamstown, KY | 3.2% | -$719/mo | $267,293 | $1,320/mo | 🔴 WEAK |
| 31 | Shelbyville, KY | 3.0% | -$886/mo | $309,099 | $1,460/mo | 🔴 WEAK |
| 32 | Smiths Grove, KY | 3.0% | -$768/mo | $271,550 | $1,295/mo | 🔴 WEAK |
| 33 | Verona, KY | 2.9% | -$949/mo | $323,339 | $1,500/mo | 🔴 WEAK |
| 34 | Waddy, KY | 2.9% | -$899/mo | $311,108 | $1,460/mo | 🔴 WEAK |
| 35 | Dry Ridge, KY | 2.8% | -$851/mo | $286,897 | $1,320/mo | 🔴 WEAK |
| 36 | Bowling Green, KY | 2.8% | -$856/mo | $290,115 | $1,340/mo | 🔴 WEAK |
| 37 | Simpsonville, KY | 2.7% | -$1,671/mo | $539,958 | $2,400/mo | 🔴 WEAK |
| 38 | Crittenden, KY | 2.5% | -$1,003/mo | $309,452 | $1,320/mo | 🔴 WEAK |
| 39 | Crestwood, KY | 2.4% | -$1,549/mo | $467,074 | $1,950/mo | 🔴 WEAK |
| 40 | Smithfield, KY | 2.1% | -$1,465/mo | $410,886 | $1,590/mo | 🔴 WEAK |
| 41 | Taylorsville, KY | 2.0% | -$1,334/mo | $364,599 | $1,370/mo | 🔴 WEAK |
| 42 | Alvaton, KY | 1.6% | -$1,644/mo | $408,232 | $1,350/mo | 🔴 POOR |