Trend of Rental Yield in Fayette County, Kentucky

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyFayette County
Population 2015308,306
Population 2009287,537
Population % change7.2
Population change rank compared to US600
Population change rank compared to Kentucky12
Median Gross Rent 2015778
Median Gross Rent 2009671
Median Gross Rent % change15.9
Median Gross Rent change rank compared to US1,351
Median Gross Rent change rank compared to Kentucky60
Home Value 2015168,100
Home Value 2009155,400
Home Value % change8.2
Home Value change rank compared to US1,528
Home Value change rank compared to Kentucky69
Rental Yield 20155.6
Rental Yield 20095.2
Rental Yield % change7.2
Rental Yield change rank compared to US1,553
Rental Yield change rank compared to Kentucky52