Real Estate Investing in Edmonton, Kentucky (42129)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 42129 (Edmonton, KY)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.9% vacancy may signal weakening demand.
- Elevated poverty: 20.6% poverty rate — can affect rent collection.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Edmonton, KY (42129)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 42129 Edmonton
Investors eyeing 42129 need to respect the fundamentals at play. Home values of $172K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $172K asset, 42129 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Edmonton have seen price recovery that 42129 has not matched. Metcalfe County data supports the view that the spread is structural rather than temporary.
Employment concentration in 42129 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Edmonton's stable or hybrid ZIPs before stepping into 42129. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Edmonton:
Property Strategy for 42129
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $122,076 | $870 | 5.1% | +12.5% | $61,038 |
| 3BR | $179,719 | $1,100 | 4.4% | +11.6% | $59,906 |
| 4BR | $242,959 | $1,210 | 3.6% | +11.1% | $60,740 |
Market Trends
Home Value History (with trend line)
📊 How Does 42129 Compare?
| Metric | 42129 | Edmonton | Glasgow, KY | Kentucky |
|---|---|---|---|---|
| Home Value | $171,739 | $171,739 | N/A | $225,788 |
| 5-Year CAGR | 7.9% | 7.9% | N/A | 6.9% |
| Avg Rent | $783 | $783 | N/A | - |
| Cap Rate | 3.6% | 3.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 42129 (Edmonton, KY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $171,739 |
| Monthly Rent | $783 |
| Price-to-Rent | 18.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 11.5% |
📈 Home Appreciation
| 1-Year | +0.4% ▲ |
| 3-Year CAGR | +6.8% ▲ |
| 5-Year CAGR | +7.9% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 42129
Population: 7,044
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 42129
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How does Edmonton, KY rate as a rental market?
Edmonton, KY scores 3.0/5 for investability. Home values sit at $172K and rents near $783/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are renters plentiful in Edmonton, KY?
Working renters make up the core of the Edmonton, KY tenant base. The pool is reasonable for investors targeting long-term holds.
Where do rents currently stand in Edmonton, KY?
The typical rental in Edmonton, KY commands about $783/mo monthly. That rent profile measured cash flow against the $172K purchase basis.
Do rentals sit vacant long in Edmonton, KY?
Rental vacancy in Edmonton, KY is elevated. Investors should budget normal turnover but not chronic empty units.
What is the smart move for investors in Edmonton, KY?
Most investors in Edmonton, KY run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 42129 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 42129 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 42129 ranks in Glasgow, KY
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