ZIP Code · KY

ZIP 41005

Pop. 25,718·Boone County·2nd most expensive ZIP in Kentucky
Median rent (all units)
$2,148/mo
Year-over-Year
+12.8%
Month-over-Month
-0.9%
vs US Median
+$216
Reported rents
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 41005 · $2,148
More expensive than 68% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,310
2 BR
$1,690
3 BR
$2,230
4 BR+
$2,470
Research median
$1,690/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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 41005 is 1.2% below its high of $2,173 in February 2026, at $2,148 as of September 2026.

Past year vs. the rest of Kentucky

Rent in ZIP 41005 changed +12.8% over the year to September 2026. Across the 63 Kentucky ZIP codes Zillow tracks, the typical change was +3.3%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($112,083) is $2,802 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,470).

Cheaper nearby

ZIP 41042, 6 miles away, rents for 29% less ($1,522/mo), about $7,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 41005. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,776/yr
At $2,148/mo median
Location
StateKY
CountyBoone County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.8% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 41005 (Burlington, KY) is majority owner-occupied, has a median income above the national average, 31.9% of residents hold a bachelor's degree or higher.

Population
25,718
Median income
$112,083
Median age
36.9
Renters
22%
Age distribution
23.7%
23.1%
27.6%
12.3%
13.5%
Under 1823.7%
18–3423.1%
35–5427.6%
55–6412.3%
65+13.5%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
85.9%
White85.9%
Black2.2%
Hispanic4.8%
Asian2.9%
Other4.2%
Education (25+)
33.1%
29.4%
31.9%
No HS diploma5.7%
HS diploma33.1%
Some college29.4%
Bachelor's+31.9%
Housing tenure
78%
22%
Owner78%
Renter22%

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

2021 vs 2026

How ZIP 41005 in Burlington, KY has changed in 5 years

Income
$91,979 → $112,083
up 21.9%
Population
25,048 → 25,718
up 2.7%
Renter share
19.2% → 22%
+2.8 pts
Bachelor's+
29.5% → 31.9%
+2.4 pts

Household income in the area moved from $91,979 to $112,083 across the same window, up 21.9% versus 2021. Census counts show ZIP 41005 in Burlington, KY adding about 670 residents over the five-year window, up 2.7% on net. The renter share has risen from 19.2% to 22%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 29.5% to 31.9% across the same window.

Community

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Local insights

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About renting in ZIP 41005

Last updated: October 17, 2026

ZIP code 41005 covers Burlington, KY. The median rent here is $2,148/mo as of October 2026. A 1-bedroom rents for a median of $1,310/mo. A 2-bedroom rents for a median of $1,690/mo.

At 23% of local median household income ($112,083/yr), ZIP 41005 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 41005?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (about $41/hour full-time) to afford the median rent of $2,148/mo in ZIP 41005. The local median household income is $112,083/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 41005?

Rent in ZIP 41005 has risen 12.8% over the past year as of September 2026. It sits 1.2% below its high of $2,173 in February 2026.

How does ZIP 41005 compare to other ZIPs in Kentucky?

ZIP 41005 is one of the pricier among Kentucky ZIP codes for rent, ranking #2 of 78 at $2,148/mo. Over the year to September 2026, rent in ZIP 41005 changed +12.8%, against a typical +3.3% across the 63 Kentucky ZIP codes Zillow tracks.

How does ZIP 41005 compare to the rest of Burlington?

At $2,148/mo, ZIP 41005 is $1 below the Burlington citywide median of $2,149/mo.
Income Affordability
23%
VERY AFFORDABLE

At $2,148/mo, rent takes ~23% of ZIP 41005's median household income ($112,083/yr). The standard benchmark is 30%.

ZIP 41005 23%Benchmark 30%
State income tax4%
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Schools nearby

Public schools near ZIP 41005 (Burlington, KY)

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