South · Population 320K+

Real Estate Investing in Lexington, KY

Lexington is home to the University of Kentucky and the heart of horse country. Strong university rental demand, healthcare sector, and growing tech scene make it a solid mid-size market.

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Median Price
$230K-$310K
Avg Rent
$1,100-$1,500
Cap Rate
5-7%
Price/Rent
15-18

Why Invest in Lexington?

  • 1
    University of Kentucky
  • 2
    Healthcare sector employment
  • 3
    Horse industry and tourism
  • 4
    Affordable mid-size market

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Search any address in Lexington, KY and get instant cap rate, cash flow, and ROI calculations.

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Frequently Asked Questions

Is Lexington, KY a good place to invest in rental property?

Lexington offers cap rates in the 5-7% range with median home prices of $230K-$310K and average rents of $1,100-$1,500. University of Kentucky and healthcare sector employment make it attractive for investors. Use PropertyDNA to analyze specific properties and run the numbers.

What is the average rent in Lexington, KY?

Average rents in Lexington typically range from $1,100-$1,500 depending on the property type, size, location, and condition. The price-to-rent ratio is approximately 15-18, which helps determine cash flow potential.

What cap rate can I expect in Lexington?

Cap rates in Lexington generally range from 5-7% depending on the neighborhood, property type, and condition. Higher cap rates are typically found in Class B and C neighborhoods, while lower cap rates are in premium areas with stronger appreciation.

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