Real Estate Investing in Clay City, Kentucky

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 6,156 • Powell County

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

🏠 For Homebuyers
CAUTION
Grade D (54/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
5 flags
  • High vacancy: 14.3% of homes vacant — above national norms.
  • Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
  • 1-year downturn: Values declined 19.4% in the last year.
  • Elevated poverty: 21.0% poverty rate — can affect rent collection.

What’s happening in Clay City, KY?

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3.0/ 5

Investability

Citywide average

1.0/ 5

Appreciation

1.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $126,022
Avg Monthly Rent $945
ZIP Codes 1

Investing in Clay City Real Estate

With a sizable population across 1 ZIPs, Clay City shows the kind of subdued fundamentals that keep most out-of-state capital on the sidelines.

Across Clay City's 1 ZIPs, fundamentals run thin: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Clay City are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Kentucky.

Demographics in Clay City show real pressure — median income of $N/AK is muted relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$126,022
Avg Monthly Rent
$945
1% Rule
✗ Below
Landlord Friendly (KY)

ZIP Codes in Clay City, KY

Screen every ZIP in Clay City

Filter Clay City’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 Clay City, KY

What is the best play in Clay City, KY?

The best-fit strategy in Clay City, KY is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

Are tenants stable in Clay City, KY?

The tenant pool in Clay City, KY is solid, supported by local employment and population fundamentals. Rents of $945/mo are well-absorbed by the market.

Do landlords face vacancy issues in Clay City, KY?

Clay City, KY vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How do landlord-tenant laws work in Clay City, KY?

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

How much is rent in Clay City, KY?

Rental rates in Clay City, KY average $945/mo. Tenant demand and $126K home values make the yield look reasonable by investor standards.

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