BRRRR ★ MARKETS
56STAR SCORE

Lexington, KY rental market data (2026)

As of September 2026, the typical home in the Lexington metro costs $324,999 and typical rent is $1,599/month — a price-to-rent ratio of 17 and a gross rental yield of 5.9%. Lexington scores 56/100 on the Star Score index, ranking #90 of 174 tracked US rental markets.

The Lexington metro posts a price-to-rent ratio of 17 on a typical home value of $324,999 and typical rent of $1,599/month — a gross rental yield of 5.9% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$324,999
Typical rent (ZORI)$1,599/mo
Price-to-rent ratio17
Gross rental yield5.9%
Star Score56/100 ★★★☆☆
Rank among tracked markets#90 of 174
Your buying power in Lexington

Why Lexington scores 56

Factor breakdown is a Pro layer for this market. The top 15 markets show it free — see the rankings — or unlock all 174 markets. Not sure where to start? Find your market in 5 taps.

More context: Living in Lexington — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Lexington flagged 2026-10-21

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

620 N Martin Luther King Blvd, Lexington, KY 40508 ★ 100
$195,000 · 4bd 2.5ba · 1,550 sqft
est. 30.0% under market · modeled rent $1,770/mo (10.9% yield)
Motivation 100 · Stale listing282 days on marketfind listing →
503 Chestnut St, Lexington, KY 40508 ★ 100
$225,000 · 3bd 2ba · 1,900 sqft
est. 30.0% under market · modeled rent $2,170/mo (11.6% yield)
Motivation 100 · Stale listing1651 days on marketfind listing →
2147 Deauville Dr, Lexington, KY 40504 ★ 100
$259,500 · 3bd 2ba · 1,970 sqft
est. 28.7% under market · modeled rent $2,250/mo (10.4% yield)
Motivation 100 · Stale listing281 days on marketfind listing →
290 Hedgewood Ct, Lexington, KY 40509 ★ 100
$152,500 · 3bd 1.5ba · 1,296 sqft
est. 30.0% under market · modeled rent $1,480/mo (11.6% yield)
Motivation 100 · Stale listing733 days on marketfind listing →
1613 Versailles Rd, Lexington, KY 40504 ★ 100
$289,000 · 3bd 2ba · 2,378 sqft
est. 30.0% under market · modeled rent $2,400/mo (10.0% yield)
Motivation 100 · Stale listing323 days on marketfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

Investor-friendly agent working Lexington? Become this market's Featured Agent →

Assumable-mortgage pocket: 22.2% of KY's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Lexington in the BRRRR & rehab calculator. Run a rehab crew in Lexington? Founding crews list free →

Frequently asked questions

Is Lexington a good market for rental property in 2026?

Lexington scores 56/100 on the Star Score index (#90 of 174 tracked markets), with a gross rental yield of 5.9% at September 2026 prices. It suits investors prioritizing cash flow over appreciation.

What is the price-to-rent ratio in Lexington?

17 — the typical home value ($324,999) divided by a year of typical rent ($1,599/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Lexington a good BRRRR market in 2026?

With a typical home at $324,999 and rent of $1,599/month (5.9% gross yield), Lexington can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Lexington home earn?

Typical asking rent in the Lexington metro is $1,599 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.