Real Estate Investing in Pilgrim, Kentucky

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

2 ZIP codes • Population: 2,093 • Martin County

☆ Watch this market Free account

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

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

📈 For Investors
MIXED
3.0 / 5 (57/100)

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
2 flags
  • High vacancy: 13.0% of homes vacant — above national norms.
  • 1-year downturn: Values declined 13.2% in the last year.

What’s happening in Pilgrim, KY?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.5% 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 $89,371
Avg Monthly Rent $819
ZIP Codes 2

Investing in Pilgrim Real Estate

Across Pilgrim's 2 ZIPs, the picture is modest: $89K median values, $819/mo rents, and a population that has faced real economic pressure.

Pilgrim 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.

clearly Pilgrim's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Demographics in Pilgrim show real pressure — median income of $N/AK is tepid 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.
Open the Market Finder →
Free to search · investor plans from $19/mo

Landlord Ground Truth

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

Do you own or manage rentals in Pilgrim, KY?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$89,371
Avg Monthly Rent
$819
1% Rule
✗ Below
Landlord Friendly (KY)

ZIP Codes in Pilgrim, KY

Screen every ZIP in Pilgrim

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

View Plans

Frequently Asked Questions About Pilgrim, KY

What is the average home sale price in Pilgrim, KY?

Pilgrim, KY median home values land near $89K. That is reasonable territory for investors looking at $819/mo-per-month rentals.

Does Pilgrim, KY favor landlords or tenants?

For rental operators, Pilgrim, KY rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

How strong is tenant demand in Pilgrim, KY?

The tenant pool in Pilgrim, KY is solid, supported by local employment and population fundamentals. Rents of $819/mo are well-absorbed by the market.

How much rent can I charge in Pilgrim, KY?

Rental rates in Pilgrim, KY average $819/mo. Tenant demand and $89K home values make the yield look reasonable by investor standards.

Can I live-in-and-rent in Pilgrim, KY?

Pilgrim, KY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $819/mo rent level.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Pilgrim, KY.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.