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Lexington-Fayette urban county, KY

ZIP 40513 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 40513

Median Home Value
$448,100
Median Rent
$1,223
Affordability Snapshot
$123,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,878/mo PITI).

12%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

30.5 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 40513 in Lexington-Fayette urban county, KY, a household would need roughly $123,000 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 $2,878. That is roughly in line with the local median household income ($126,642). 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
74.8%+14% vs US avg
x
Vacancy Rate
4.8%-54% vs US avg
x
Broadband Access
98.2%+13% vs US avg
x
4+ Bedrooms
12.4%-16% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
7.2%-85% vs US avg
x
Mortgage-Free
40.4%+6% vs US avg
x
$448,100
Home Value
$1,223
Rent
1995
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached69.1%
  • 1-unit attached11.0%
  • 2-9 units3.9%
  • 10+ units15.6%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$448,100
Median rent$1,223
Owner-occupied74.8%
Vacant4.8%
Price-to-income3.5x
Est. income to buy$123,000