Lexington-Fayette, KY · Kentucky
Bourbon County
ZIP 40357
20,174 residents113 permits TTM$56,322 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$211,600
ACS 5-Year
Cap rate proxy
4.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.9%
HUD FMR ÷ ACS HHI
Net migration
+1.55%
IRS SOI
Permits (TTM)
113
Census BPS
Climate risk
39.4
FEMA NRI (0–100)
ZIP 40357
Median home value
—
Gross yield
—
Cap rate
4.2%
Rent gap
—
Affordability
P/I: 3.8R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 40348 | — | — | — | 4.2% | — |
| 40357 | — | — | — | 4.2% | — |
| 40361 | — | — | — | 3.6% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
64.8%
Census ACS
Vacancy rate
11.1%
Census ACS
Bachelor's degree +
25.5%
Census ACS
Rent burdened
36.6%
Census ACS (>30% income)
Median age
42.0
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026