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Lancaster, KY Home Values and Rents
The typical home value in Lancaster is $258,906, 112th highest of 239 cities and towns in Kentucky. Median rent is $801 a month.
- Typical home value
- $258,906
- 112th of 239 in KY
- Median rent
- $801/mo
- ACS 2020-2024
- Price change, 1 year
- +2.2%
- Sep 2026
- Homeownership
- 54.6%
- KY: 68.3%
Typical home value in Lancaster
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Lancaster |
|---|---|
| Sep 2026 | $258,906 |
| Dec 2025 | $249,807 |
| Dec 2024 | $241,530 |
| Dec 2023 | $227,914 |
| Dec 2022 | $220,270 |
| Dec 2021 | $202,261 |
| Dec 2020 | $172,887 |
| Dec 2019 | $152,022 |
| Dec 2018 | $141,806 |
| Dec 2017 | $135,163 |
| Dec 2016 | $129,239 |
| Dec 2015 | $122,623 |
| Dec 2014 | $116,920 |
| Dec 2013 | $117,578 |
| Dec 2012 | $111,853 |
Over five years, Lancaster prices changed +33.1%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Garrard County, KY
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $672 | +4.5% |
| 1 bedroom | $864 | +5.2% |
| 2 bedrooms | $941 | +4.6% |
| 3 bedrooms | $1,232 | +6.6% |
| 4 bedrooms | $1,237 | -3.7% |
Frequently asked questions
- What is the typical home value in Lancaster, KY?
- The typical home value in Lancaster is $258,906 (Zillow Home Value Index, Sep 2026). The Kentucky median is $205,600.
- How much is rent in Lancaster?
- The median rent in Lancaster is $801 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $941.
- Are home prices going up in Lancaster?
- The typical home value in Lancaster changed +2.2% over one year and +33.1% over five years, as of Sep 2026.
- How does Lancaster compare with the rest of Kentucky?
- Lancaster has the 112th highest median home value of 239 cities and towns with 1,000+ residents in Kentucky.