Richmond-Berea, KY

Richmond-Berea, KY real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation
: 3.6%/yr.
Rent growth
: 3.0%/yr.
Median cap rate
: 4.0%.
Median IRR
: 5.6%.
Median rental home value
: $255,000.
Median rental rate
: $855/mo.
Median property tax
: $1,389/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

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