Real Estate Investing in Payneville, Kentucky

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

3 ZIP codes • Population: 1,576 • Meade County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

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

📈 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
2 flags
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.
  • Elevated poverty: 23.4% poverty rate — can affect rent collection.

What’s happening in Payneville, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.5% 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 $191,967
Avg Monthly Rent $879
ZIP Codes 3

Investing in Payneville Real Estate

With a sizable population across 3 ZIPs, Payneville shows the kind of soft fundamentals that keep most out-of-state capital on the sidelines.

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

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

Distressed-leaning demographics in Payneville — 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 Elizabethtown-Fort Knox, KY

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$191,967
Avg Monthly Rent
$879
1% Rule
✗ Below
Landlord Friendly (KY)

ZIP Codes in Payneville, KY

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Filter Payneville’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 Payneville, KY

Is Payneville, KY a smart market for rental property?

The 3.0/5 investability rating in Payneville, KY reflects its $192K prices and $879/mo rents. Investors generally consider it a solid option within KY.

What is the typical rental rate in Payneville, KY?

The typical rental in Payneville, KY commands about $879/mo monthly. That rent profile reliable cash flow against the $192K purchase basis.

What is the smart move for investors in Payneville, KY?

In Payneville, KY the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $192K prices and $879/mo rents suits that approach.

Do landlords face vacancy issues in Payneville, KY?

Rental vacancy in Payneville, KY is elevated. Investors should budget normal turnover but not chronic empty units.

Does Payneville, KY favor landlords or tenants?

Payneville, KY operates under KY law, which is landlord-friendly overall for landlords. Expect reliable treatment in typical lease and eviction cases.

Community Ratings

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