Real Estate Investing in Berea, Kentucky

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2 ZIP codes • Population: 27,597 • Madison County

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Should you buy in Berea, KY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (81/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 8.2% vacancy may signal weakening demand.

What’s happening in Berea, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $129,062
Avg Monthly Rent $1,043
ZIP Codes 2

Investing in Berea Real Estate

Berea in Kentucky is one of the markets where the numbers warn before they reward — 2 ZIPs, a sizable population, and a rating that reflects material risk.

decisively Berea's aggregate rating of ★★★☆☆ reflects soft investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Berea has thinned in a way that amplifies price discovery risk. Looking more closely, investors without local context should treat every number on the page with skepticism.

Distressed-leaning demographics in Berea — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in Richmond-Berea, KY

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Landlord Ground Truth

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Avg Home Value
$129,062
Avg Monthly Rent
$1,043
1% Rule
✗ Below
Landlord Friendly (KY)

🎓 Colleges & Universities in Berea

1 College 1,487 Students
B
Berea College
4-Year Private · 1,487 students

ZIP Codes in Berea, KY

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Filter Berea’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Berea, KY

How does Berea, KY rate as a rental market?

Investors tracking Berea, KY will find a 3.0/5 rating supported by $129K median home values and $1,043/mo rents. That profile suits long-term holders targeting consistent returns.

What approach is best for Berea, KY real estate?

Berea, KY investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($129K prices, $1,043/mo rents) make it a reasonable choice.

How much does a house cost in Berea, KY?

The median home value in Berea, KY is roughly $129K. That puts it reasonable relative to the KY statewide average.

Is Berea, KY landlord-friendly?

Landlord-friendliness in Berea, KY is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Are there empty rentals in Berea, KY?

Vacancy risk in Berea, KY is elevated. That supports predictable cash flow for typical rental holds.

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