Real Estate Investing in Philpot, Kentucky

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

1 ZIP codes • Population: 5,408 • Daviess County

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Should you buy in Philpot, 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
1 flag
  • Elevated vacancy: 11.4% vacancy may signal weakening demand.

What’s happening in Philpot, KY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.1% 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 $280,423
Avg Monthly Rent $999
ZIP Codes 1

Investing in Philpot Real Estate

Across Philpot's 1 ZIPs, the picture is sluggish: $280K median values, $999/mo rents, and a population that has faced real economic pressure.

Philpot is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. unambiguously out-of-state investors should be especially careful with the assumptions they carry in.

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

Population dynamics in Philpot haven't been supportive. better suited elsewhere for combined with muted income growth, the demographic backdrop complicates any purely financial underwriting.

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 Owensboro, KY

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

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Philpot, KY. Anonymous, moderated, never written by AI.

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Avg Home Value
$280,423
Avg Monthly Rent
$999
1% Rule
✗ Below
Landlord Friendly (KY)

📉 Market Crash Risk Index

Based on Owensboro, KY metro

2/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
56%
Days Pending
1/2
53 days

View all metro crash risk rankings →

❄️ Cool Market — Owensboro, KY metro
53
Days to pending
12.0%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Philpot, KY

Screen every ZIP in Philpot

Filter Philpot’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 Philpot, KY

What is the average monthly rent in Philpot, KY?

Rent in Philpot, KY is around $999/mo. The resulting rent-to-value relationship with $280K pricing is reasonable for most investor models.

What is the typical renter like in Philpot, KY?

Tenant quality in Philpot, KY ranks as solid. Landlords generally report consistent occupancy at market rents of $999/mo.

Should investors consider Philpot, KY?

With a 3.0/5 investability score, Philpot, KY ranks as a solid market for rental property investors. Median prices of $280K and rents of $999/mo drive the underlying numbers.

What investment strategy works best in Philpot, KY?

In Philpot, KY the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $280K prices and $999/mo rents suits that approach.

Should investors worry about vacancy in Philpot, KY?

Vacancy in Philpot, KY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $999/mo.

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