Real Estate Investing in Fayette County, Kentucky

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

14 ZIP codes • Population: 319,867

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

🏠 For Homebuyers
MIXED
Grade C (63/100)

Mixed β€” home prices are stretched relative to local incomes. Run the math on your specific situation.

πŸ“ˆ 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
CLEAN

No major risk flags on the data we track.

What’s happening in Fayette County, KY?

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3.0/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.9% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $391,768
Avg Monthly Rent $1,627
ZIP Codes 14

Investing in Fayette County Real Estate

With 319,867 residents across 1 cities, Fayette County shows sluggish fundamentals that keep most passive capital on the sidelines β€” a region that demands real local knowledge.

A 3.0 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Fayette County sits firmly in that category.

Fayette County's population trends and income levels suggest a region where affordability is strained, constraining how aggressively rents can rise without hurting collections.

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

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

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Avg Home Value
$391,768
Avg Monthly Rent
$1,627
1% Rule
βœ— Below
Landlord Friendly (KY)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Fayette County

8 Colleges 46,053 Students 8,337 Off-Campus Renters
B
University of Kentucky
4-Year Public Β· 32,703 students
πŸ“ ~1,831 students rent off-campus
C+
Transylvania University
4-Year Private Β· 1,022 students
C
Bluegrass Community and Technical College
2-Year Public Β· 11,619 students
πŸ“ ~6,506 students rent off-campus
C
Paul Mitchell the School-Lexington
Vocational For-Profit Β· 204 students
C
Employment Solutions-College for Technical Education
Vocational Private Β· 200 students
D
Summit Salon Academy-Lexington
Vocational For-Profit Β· 123 students
D
Lexington Healing Arts Academy
Vocational For-Profit Β· 89 students
D
Lexington Theological Seminary
4-Year Private Β· 93 students

Investor Insight: With 8,337 students living off-campus, Fayette County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Fayette County

ZIP Codes in Fayette County, KY

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Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Fayette County

Are there empty rentals in, KY?

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

What do landlords charge for rent in, KY?

Rental rates in, KY average $1,627/mo. Tenant demand and $392K home values make the yield look reasonable by investor standards.

How much does a house cost in, KY?

, KY median home values land near $392K. That is reasonable territory for investors looking at $1,627/mo-per-month rentals.

Are eviction rules reasonable in, KY?

The landlord environment in, KY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.

Community Ratings

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