US5.com
  1. Home
  2. States
  3. Kentucky
  4. ZIP 40517
  5. Housing & Real Estate
Lexington-Fayette urban county, KY

ZIP 40517 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40517

Median Home Value
$196,300
Median Rent
$891
Affordability Snapshot
$54,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,261/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.8x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 40517 in Lexington-Fayette urban county, KY, a household would need roughly $54,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,261. That is roughly in line with the local median household income ($51,778). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
36.8%-44% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
23.3%-53% vs US avg
x
Mortgage-Free
25.8%-32% vs US avg
x
$196,300
Home Value
$891
Rent
1980
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached38.5%
  • 1-unit attached11.2%
  • 2-9 units28.1%
  • 10+ units22.0%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$196,300
Median rent$891
Owner-occupied36.8%
Vacant6.2%
Price-to-income3.8x
Est. income to buy$54,000