Rent vs Buy in Kentucky
Compare 2 cities across Kentucky. Find out whether renting or buying makes more financial sense in your area.
2cities analyzed
Avg Home:$235,000
Avg Rent:$1,350/mo
Avg Price/Rent:14.7
Kentucky Housing Market Summary
2
Cities Analyzed
2
Favor Buying
0
Favor Renting
0
Toss-Up
Across Kentucky's 2 analyzed cities, the majority (2 cities) favor buying over renting. This suggests Kentucky generally offers good value for homebuyers.
The average home price in Kentucky is $235,000, with average rents at $1,350/month. This gives an average price-to-rent ratio of 14.7.
All Kentucky Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Louisville | $240,000 | $1,500 | 13.3 | 5 yrs | Buy |
| Lexington | $230,000 | $1,200 | 16.0 | 5 yrs | Buy |
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