London, KY Housing Market: Home Prices & Rent
London, KY home values since 2000
Last few years
Rent in London, KY
Owning vs renting, monthly
Buying the typical London, KY home with 20% down at this week's 7.32% 30-year rate costs about $1,009/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,067/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
London, KY vs Kentucky vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $150k | -5.2% | $1,067/mo |
| Kentucky | $231k | -0.2% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in London, KY?
Yes - the typical London, KY-area home value is down 5.2% over the past 12 months, at $150k (September 2026). Values are 7% below their June 2025 peak of $161k.
Is the London, KY housing market crashing?
Home values are 7% below their June 2025 peak and down 5.2% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in London, KY?
Typical rent in the London, KY metro is $1,067 a month (September 2026).
Nearby and similar metros
Louisville, KY · Lexington, KY · McAllen, TX · Mobile, AL · Flint, MI · Toledo, OH
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the London, KY metro area. How we calculate.