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ZIP Code · KY

ZIP 40383

Pop. 24,793·Woodford County·16th most expensive ZIP in Kentucky
Median rent (all units)
$1,617/mo
Year-over-Year
-0.4%
Month-over-Month
-7.9%
vs US Median
-$348
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 40383 · $1,617
More affordable than 65% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$990
2 BR
$1,170
3 BR
$1,600
4 BR+
$1,780
Research median
$1,170/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,404/yr
At $1,617/mo median
Location
StateKY
CountyWoodford County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.4% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-0.4% YoY, -7.9% MoM), not inventory.
Demographics

Who lives here

ZIP 40383 (Versailles, KY) is majority owner-occupied, has a large retiree population, 41.4% of residents hold a bachelor's degree or higher.

Population
24,793
Median income
$85,213
Median age
42.9
Renters
28.1%
Age distribution
22.1%
18.5%
24.6%
14.1%
20.7%
Under 1822.1%
18–3418.5%
35–5424.6%
55–6414.1%
65+20.7%
Gender
48.4%
51.6%
Male48.4%
Female51.6%
Race & ethnicity
86.6%
White86.6%
Black3.2%
Hispanic7.9%
Asian0.5%
Other1.9%
Education (25+)
25.3%
24.1%
41.4%
No HS diploma9.2%
HS diploma25.3%
Some college24.1%
Bachelor's+41.4%
Housing tenure
71.9%
28.1%
Owner71.9%
Renter28.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 40383 in Versailles, KY has changed in 5 years

Income
$72,735 → $85,213
up 17.2%
Population
24,392 → 24,793
up 1.6%
Renter share
30% → 28.1%
-1.9 pts
Bachelor's+
39.5% → 41.4%
+1.9 pts
Median age
42.4 → 42.9
+0.5 yrs

Median household income climbed from $72,735 to $85,213 between 2021 and 2024, a 17.2% shift. Census counts show ZIP 40383 in Versailles, KY adding about 401 residents over the five-year window, up 1.6% on net. The renter share has eased from 30% to 28.1%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 40383

About renting in ZIP 40383

Last updated: July 20, 2026

ZIP code 40383 covers Versailles, KY. The median rent here is $1,617/mo as of July 2026. A 1-bedroom rents for a median of $990/mo. A 2-bedroom rents for a median of $1,170/mo.

At 23% of local median household income ($85,213/yr), ZIP 40383 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 40383?

As of July 20, 2026, the median monthly rent in ZIP 40383 (Versailles, KY) is $1,617. This is based on aggregated data from public sources and community submissions.

How does ZIP 40383 rent compare to the US average?

ZIP 40383's median rent of $1,617/mo is $348 (18%) below the US national median of $1,965/mo.

How does ZIP 40383 compare to other ZIPs in Kentucky?

ZIP 40383 is one of the pricier ZIP codes in Kentucky, ranking #16 out of 83 ZIPs tracked at $1,617/mo.

How much income do you need to rent in ZIP 40383?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,617/mo in ZIP 40383. The local median household income is $85,213/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 40383?

Rent in ZIP 40383 has been relatively stable over the past year, with a 0.4% change year over year as of July 20, 2026.

Is ZIP 40383 an affordable place to rent?

ZIP 40383 is considered very affordable for renters. At $1,617/mo, rent takes approximately 23% of the local median household income ($85,213/yr). The standard benchmark is 30%. ZIP 40383 falls comfortably within that range.

What percentage of ZIP 40383 residents rent vs. own?

According to Census data, approximately 28.1% of ZIP 40383 households are renters, while 71.9% are owner-occupied. ZIP 40383 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 40383 compare to the rest of Versailles?

ZIP 40383 is more affordable than Versailles overall. At $1,617/mo, it's $33 below the Versailles citywide median of $1,650/mo.

When was rent data for ZIP 40383 last updated?

Rent data for ZIP 40383 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,617/mo, rent takes ~23% of ZIP 40383's median household income ($85,213/yr). The standard benchmark is 30%.

ZIP 40383 23%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 40383 (Versailles, KY)

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