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Home values, rents and more in ZIP code 40504 (Gardenside-Colony, Lexington, KY)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$269,000
Metro: $325,000 · U.S.: $366,000
Home values, past year
+4.9%
Metro: +3.3% · U.S.: +1.2%
Typical rent
$1,894/mo
Metro: $1,599 · U.S.: $1,932
Rents, past year
+7.5%
Metro: +3.8% · U.S.: +2.9%
Population
25,816
ACS 2020–24
Median household income
$46,055
Metro: $71,966 · U.S.: $80,734
ZIP codes around 40504, shaded by typical home value405044051040513405034050540502405174050840514
  • Under $280k
  • $280k–$340k
  • $340k–$380k
  • $380k–$410k
  • $410k+
  • No data
ZIP codes around 40504, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 40504 is outlined.

How 40504 compares

The typical home in ZIP code 40504 (Gardenside-Colony, Lexington, KY) is worth about $269,000, according to the Zillow Home Value Index for September 2026. Home values in 40504 are 17% below the typical value in the Lexington metro area ($325,000) and 26% below the U.S. typical value ($366,000).

Over the past year, home values in 40504 rose 4.9%, compared with +3.3% in the Lexington metro area and +1.2% nationally.

Typical rent is $1,894 a month (Zillow Observed Rent Index), 18% above the Lexington metro area ($1,599) and about the same as the U.S. ($1,932). Rents rose 7.5% over the past year.

The median household income is $46,055, against $71,966 in the Lexington metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 25,816 people live in 40504 (American Community Survey 2020–24).

40504 has the 7th-lowest typical home value of the 24 ZIP codes in the Lexington metro area and the 88th-highest of 598 in Kentucky with Zillow figures.

Part of: Lexington, KY · Fayette County, KY · Lexington metro area · Kentucky

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These measures are on the map for subscribers. Open ProMap to see them for 40504 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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