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St. Matthews city, KY

ZIP 40207 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40207

Median Home Value
$401,500
Median Rent
$1,110
Affordability Snapshot
$111,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,579/mo PITI).

14%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

30.1 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 40207 in St. Matthews city, KY, a household would need roughly $111,000 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 $2,579. That is roughly in line with the local median household income ($98,583). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.2%+6% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
94.2%+8% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
15.3%+20% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
20.0%-60% vs US avg
x
Mortgage-Free
41.7%+9% vs US avg
x
$401,500
Home Value
$1,110
Rent
1960
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached68.0%
  • 1-unit attached2.7%
  • 2-9 units18.0%
  • 10+ units11.0%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$401,500
Median rent$1,110
Owner-occupied69.2%
Vacant6.0%
Price-to-income4.1x
Est. income to buy$111,000