ZIP Code · KY

ZIP 41048

Part of Hebron, KY

Pop. 16,211·Boone County·11th most expensive ZIP in Kentucky

Median rent (all units)

$1,803/mo

Year-over-Year

Stable

Month-over-Month

+1.8%

vs US Median

-$129

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 41048 · $1,803

More affordable than 51% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,230

1 BR

$1,340

2 BR

$1,730

3 BR

$2,280

4 BR+

$2,530

Research median

$1,730/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

What a typical income covers

30% of the median household income ($137,398) is $3,435 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,530).

Cheaper nearby

ZIP 45248, 5 miles away, rents for 11% less ($1,599/mo), about $2,400 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 41048. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,636/yr

At $1,803/mo median

Location

CityHebron

StateKY

CountyBoone County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.8% MoM), not inventory.

Demographics

Who lives here

ZIP 41048 (Hebron, KY) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 47.7% of residents hold a bachelor's degree or higher.

Population

16,211

Median income

$137,398

Median age

Renters

12.4%

Age distribution

27.2%

19%

30.2%

14%

Under 1827.2%

18–3419%

35–5430.2%

55–6414%

65+9.6%

Gender

50.7%

49.3%

Male50.7%

Female49.3%

Race & ethnicity

88%

White88%

Black1.8%

Hispanic4.1%

Asian1.4%

Other4.8%

Education (25+)

18.9%

30.1%

47.7%

No HS diploma3.3%

HS diploma18.9%

Some college30.1%

Bachelor's+47.7%

Housing tenure

87.6%

12.4%

Owner87.6%

Renter12.4%

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

2021 vs 2026

How ZIP 41048 in Hebron, KY has changed in 5 years

Income

$114,019 → $137,398

up 20.5%

Population

16,013 → 16,211

up 1.2%

Renter share

11.5% → 12.4%

+0.9 pts

Bachelor's+

44.7% → 47.7%

+3.0 pts

On the earnings side, the typical household in ZIP 41048 in Hebron, KY now reports about $137,398, up from $114,019 in 2021. The population has grown by 1.2% since 2021, moving from about 16,013 residents to roughly 16,211. College-educated residents now make up 47.7% of adults here, versus 44.7% in 2021.

Community

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Local insights

Tips for renters in ZIP 41048

About renting in ZIP 41048

Last updated: October 17, 2026

ZIP code 41048 covers Hebron, KY. The median rent here is $1,803/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,730/mo.

At 16% of local median household income ($137,398/yr), ZIP 41048 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 41048?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,803/mo in ZIP 41048. The local median household income is $137,398/yr, so the typical household meets that bar.