Real Estate Investing in Jefferson County, Kentucky

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

33 ZIP codes • Population: 795,451

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

🏠 For Homebuyers
GOOD FIT
Grade B (70/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.2 / 5 (54/100)

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: 8.0% vacancy may signal weakening demand.

What’s happening in Jefferson County, KY?

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3.2/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $274,070
Avg Monthly Rent $1,384
ZIP Codes 33

Investing in Jefferson County Real Estate

Jefferson County is one of those Kentucky regions where numbers warn before they reward. 2 cities, 795,451 residents, and a rating that reflects material risk.

A 3.2 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Jefferson County sits firmly in that category.

Population dynamics in Jefferson haven't been supportive. a harder case 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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Landlord Ground Truth

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

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Property managers serving Jefferson County

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LREI Property Management LLC provides property management services in Louisville. summary from their website

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Listings are shown for convenience β€” Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$274,070
Avg Monthly Rent
$1,384
1% Rule
βœ— Below
Landlord Friendly (KY)
β˜…β˜…β˜…β˜…β˜…

πŸŽ“ Colleges & Universities in Jefferson County

16 Colleges 52,710 Students 13,695 Off-Campus Renters
B
University of Louisville
4-Year Public Β· 22,139 students
πŸ“ ~5,711 students rent off-campus
C+
MedQuest College
2-Year For-Profit Β· 273 students
C+
Bellarmine University
4-Year Private Β· 2,993 students
C
Galen College of Nursing-Louisville
4-Year For-Profit Β· 4,794 students
C
The Southern Baptist Theological Seminary
4-Year Private Β· 4,243 students
C
Jefferson Community and Technical College
2-Year Public Β· 12,574 students
πŸ“ ~7,984 students rent off-campus
C
Louisville Presbyterian Theological Seminary
4-Year Private Β· 94 students
C
Empire Beauty School-Chenoweth
Vocational For-Profit Β· 83 students
C
Spalding University
4-Year Private Β· 1,555 students
C
Sullivan University
4-Year For-Profit Β· 2,855 students
C
Paul Mitchell the School-Louisville
Vocational For-Profit Β· 219 students
C
Ideal Beauty Academy
Vocational For-Profit Β· 7 students
D
Simmons College of Kentucky
4-Year Private Β· 389 students
D
American College of Barbering
Vocational For-Profit Β· 75 students
D
Empire Beauty School-Dixie
Vocational For-Profit Β· 80 students
D
ATA College
2-Year For-Profit Β· 337 students

Investor Insight: With 13,695 students living off-campus, Jefferson County has substantial rental demand from the college population β€” typically stable, lease-renewing tenants.

Cities in Jefferson County

ZIP Codes in Jefferson County, KY

40214 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 45,986
Avg Home $221,557
Avg Rent $1,101/mo
40216 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 43,764
Avg Home $212,067
Avg Rent $1,114/mo
40299 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 41,724
Avg Home $345,240
Avg Rent $1,442/mo
40291 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 41,506
Avg Home $310,725
Avg Rent $1,679/mo
40229 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 40,015
Avg Home $254,018
Avg Rent $1,534/mo
40245 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 39,261
Avg Home $488,313
Avg Rent $1,675/mo
40219 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 39,107
Avg Home $237,143
Avg Rent $1,376/mo
40272 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 37,595
Avg Home $224,320
Avg Rent $1,354/mo
40220 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 33,893
Avg Home $297,374
Avg Rent $1,383/mo
40218 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 33,292
Avg Home $220,000
Avg Rent $1,305/mo
40241 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 30,910
Avg Home $419,406
Avg Rent $1,574/mo
40207 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 28,633
Avg Home $433,012
Avg Rent $1,455/mo
40258 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 26,590
Avg Home $229,047
Avg Rent $1,567/mo
40205 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 24,335
Avg Home $394,935
Avg Rent $1,438/mo
40223 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 23,264
Avg Home $391,155
Avg Rent $1,611/mo
40222 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 21,634
Avg Home $399,106
Avg Rent $1,459/mo
40211 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 21,165
Avg Home $95,961
Avg Rent $1,185/mo
40206 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 20,345
Avg Home $283,749
Avg Rent $1,379/mo
40059 β˜… β˜… β˜… β˜… β˜…
Prospect
Population 19,899
Avg Home $628,267
Avg Rent $2,382/mo
40215 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 19,444
Avg Home $138,389
Avg Rent $1,225/mo
40228 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 18,491
Avg Home $275,694
Avg Rent $1,422/mo
40203 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 17,540
Avg Home $146,822
Avg Rent $1,030/mo
40213 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 15,805
Avg Home $209,858
Avg Rent $1,437/mo
40208 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 15,287
Avg Home $140,761
Avg Rent $1,149/mo
40212 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 15,160
Avg Home $84,437
Avg Rent $1,052/mo
40210 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 14,226
Avg Home $91,295
Avg Rent $1,198/mo
40204 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 14,018
Avg Home $286,087
Avg Rent $1,315/mo
40243 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 12,049
Avg Home $345,611
Avg Rent $1,646/mo
40217 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 11,831
Avg Home $240,906
Avg Rent $1,405/mo
40242 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 11,099
Avg Home $329,747
Avg Rent $1,349/mo
40118 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 9,903
Avg Home $210,939
Avg Rent $1,209/mo
40202 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 7,109
Avg Home $334,507
Avg Rent $1,203/mo
40209 β˜… β˜… β˜… β˜… β˜…
Louisville
Population 571
Avg Home $123,859
Avg Rent $1,035/mo

Screen every market in Jefferson County

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 Jefferson County

How expensive is real estate in, KY?

Homes in, KY typically sell near $274K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

How quickly do rentals get leased in, KY?

Vacancy in, KY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,384/mo.

How deep is the rental pool in, KY?

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

Is, KY landlord-friendly?

Landlord-friendliness in, KY is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.

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