Real Estate Investing in Murray, Kentucky

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

1 ZIP codes • Population: 30,750 • Calloway County

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
1 flag
  • High vacancy: 16.4% of homes vacant — above national norms.

What’s happening in Murray, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.5% 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 $189,093
Avg Monthly Rent $1,079
ZIP Codes 1

Investing in Murray Real Estate

Murray in Kentucky is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

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

The $1,079/mo / $189K relationship in Murray looks underwhelming once vacancy and capex are incorporated into underwriting. trends toward the realized yield tends to disappoint.

The 0% renter share in Murray masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Murray, KY

Murray is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$189,093
Avg Monthly Rent
$1,079
1% Rule
✗ Below
Landlord Friendly (KY)

📉 Market Crash Risk Index

Based on Murray, KY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
0%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Murray, KY metro
0
Days to pending
9.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Murray

1 College 9,841 Students
B
Murray State University
4-Year Public · 9,841 students

ZIP Codes in Murray, KY

Screen every ZIP in Murray

Filter Murray’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 Murray, KY

What are vacancy rates like in Murray, KY?

Vacancy in Murray, KY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,079/mo.

Are tenants stable in Murray, KY?

Working renters make up the core of the Murray, KY tenant base. The pool is reasonable for investors targeting long-term holds.

What strategy should investors use in Murray, KY?

Investors usually favor careful cash-flow rentals with hands-on management in Murray, KY. With home values at $189K and rents near $1,079/mo, other strategies can work but produce stable rather than outsized returns.

Is Murray, KY a good market for FHA house hackers?

Murray, KY is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $189K price point reasonable to enter.

What do landlords charge for rent in Murray, KY?

Rent in Murray, KY is around $1,079/mo. The resulting rent-to-value relationship with $189K pricing is reasonable for most investor models.

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