ZIP Code · KY

ZIP 40383

Part of Versailles, KY

Pop. 24,793·Woodford County·15th most expensive ZIP in Kentucky

Median rent (all units)

$1,619/mo

Year-over-Year

+1.3%

Month-over-Month

-0.9%

vs US Median

-$313

Reported rents

Falling (Monthly)

Be the first to discuss 40383 rents ↓

Most AffordableMost Expensive

ZIP 40383 · $1,619

More affordable than 64% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

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

Loading…

Last updated: September 25, 2026

From the history

What the numbers show

Past year vs. the rest of Kentucky

Rent in ZIP 40383 changed +1.3% over the year to August 2026. Across the 65 Kentucky ZIP codes Zillow tracks, the typical change was +3.1%.

Recent direction

Rent rose in 5 of the last 12 months.

What a typical income covers

30% of the median household income ($85,213) is $2,130 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,780).

From Zillow's monthly rent index (ZORI) for ZIP 40383. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,428/yr

At $1,619/mo median

Location

CityVersailles

StateKY

CountyWoodford County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+1.3% YoY, -0.9% 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

Discussions about ZIP 40383

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 40383

About renting in ZIP 40383

Last updated: September 25, 2026

ZIP code 40383 covers Versailles, KY. The median rent here is $1,619/mo as of September 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 increased 1.3% over the past year.

FAQ

Frequently asked questions

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 (about $31/hour full-time) to afford the median rent of $1,619/mo in ZIP 40383. The local median household income is $85,213/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 40383?

Rent in ZIP 40383 has risen 1.3% over the past year.

How does ZIP 40383 compare to other ZIPs in Kentucky?

ZIP 40383 is one of the pricier among Kentucky ZIP codes for rent, ranking #15 of 82 at $1,619/mo. Over the year to August 2026, rent in ZIP 40383 changed +1.3%, against a typical +3.1% across the 65 Kentucky ZIP codes Zillow tracks.