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City · 10,492 residents · Woodford County, Kentucky

Versailles , Kentucky

In Versailles, a typical home is worth $286,100 and typical rent is $1,160 a month. Compared with all of Woodford County, typical household income is 26% lower and the share of households that own their home is 12 points lower.

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  • Typical home value

    $286,100

    5% below the county

    39% above Kentucky

    • Versailles
    • Woodford
    • Kentucky

  • Typical rent

    $1,160a month

    About the same as the county

    20% above Kentucky

    • Versailles
    • Woodford
    • Kentucky

  • Typical household income

    $62,368a year

    26% below the county

    2% below Kentucky

    • Versailles
    • Woodford
    • Kentucky

  • Households that own their home

    60%

    12 points below the county

    8 points below Kentucky

    • Versailles
    • Woodford
    • Kentucky

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$362,848
0.5% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Versailles is in Woodford County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Woodford County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Versailles apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Frankfort, the typical home value is $183,700: 36% less than in Versailles ($286,100).

  2. The typical household income in Versailles is $62,368, 26% less than in Woodford County as a whole ($83,788).

  3. Nearby, in Frankfort, the typical rent is $944: 19% less than in Versailles ($1,160).

  4. 60% of households in Versailles own their home, against 72% in Woodford County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Versailles

What homes there are in Versailles, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses are the majority in Versailles (65%), but less so than in Woodford County (82%).

Year built

By age, homes in Versailles look like those in Woodford County: the typical year built is 1982.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,442 a month

Woodford County: $1,571 a month

Without a mortgage

$575 a month

Woodford County: $577 a month

Owners with a mortgage

57%

Woodford County: 57%

The typical cost for an owner with a mortgage in Versailles is $1,442 a month, less than in Woodford County ($1,571); without one, $575.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Versailles rose 67%; in Woodford County, it rose 48%.

The typical rent in Versailles rose 56% over the same time; in Woodford County, it rose 48%.

The typical household income in Versailles rose 52%: less than home values (+67%) and rent (+56%).

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureVersaillesWoodford CountyKentuckyUnited States
Rental vacancy Unreliable estimateUnreliable estimate4.6%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.0%3.4%
People per household 2.392.472.432.53
Drive alone 78%76%77%69%
Carpool 8%8%9%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home 13%15%10%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

A household in Versailles has 2.39 people on average, about the same as in Woodford County (2.47).

To get to work, 78% of workers in Versailles drive alone; in Woodford County, 76%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Versailles?

A typical home costs more than the typical income allows

We start with a typical home in Versailles, worth $286,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Versailles, which is $62,368 a year. For that payment to be 28% of income, a household would need to earn about $98,835 a year.

The calculator's FHA and conventional loan limits are those of all of Woodford County.

Your numbers

Local data
$

Starts at the typical home value in Versailles. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $10,014 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,306

at 7.18% · 30 years

Loan amount
$280,918
Total interest
$404,174
Paid off in
November 2056

Includes $4,832 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,455 a month

  • Tight

    $1,455 to $1,871 a month

  • Hard

    more than $1,871 a month

    Your payment · 44%

Compared with the typical household income in Versailles ($62,368 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,306
Principal & interest$1,903
Property tax$157
Home insurance$119
FHA mortgage insurance (MIP)$127

You need at least $10,014 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Versailles and Woodford County

Versailles is in Woodford County, Kentucky. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Versailles's own numbers

Typical home value
$286,100
Typical monthly rent
$1,160
Typical yearly household income
$62,368
Households that own their home
60%
Effective property tax rate
0.66%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Woodford County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,416
Price change over 5 years (FHFA)
+50%
Homes in a high flood-risk zone
2.8%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Woodford County.

Everything about Woodford County

Buying

Buying a home in Versailles

A typical home in Versailles is worth $286,100: 5% below the county and 39% above Kentucky. With the typical household income in Versailles ($62,368 a year), a typical home costs 4.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Versailles 4.6 years
  • Woodford 3.6 years
  • Kentucky 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Woodford County

According to FHFA’s house price index, home prices in Woodford County rose 87% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Woodford County.

Period County Kentucky U.S.
Last year (2025) −0.9% +3.9% +2.9%
5 years (2020–2025) +50% +50% +47%
10 years (2015–2025) +87% +84% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Versailles next to Woodford County, Kentucky and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Versailles $286,100
  • Woodford $299,700
  • Kentucky $205,600
  • United States $332,700
Typical monthly rent
  • Versailles $1,160
  • Woodford $1,138
  • Kentucky $967
  • United States $1,413
Typical yearly household income
  • Versailles $62,368
  • Woodford $83,788
  • Kentucky $63,726
  • United States $80,734
See the full table
Versailles next to Woodford County and Kentucky
Measure Versailles Woodford County Kentucky U.S.
Typical home value $286,100 $299,700 $205,600 $332,700
Typical monthly rent $1,160 $1,138 $967 $1,413
Typical yearly household income $62,368 $83,788 $63,726 $80,734
Households that own their home 60% 72% 68% 65%
Typical yearly property tax $1,893 $2,108 $1,544 $3,119
Effective property tax rate 0.66% 0.7% 0.75% 0.94%
Renters with high rent for their income 47% 49% 45% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Woodford County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Versailles

For a typical $286,100 home in Versailles, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Versailles's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,306a month

    Least cash to close
    Down payment
    $10,014
    Cash to close
    $18,597
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $127

  • Conventional, 5% down $2,254a month

    Down payment
    $14,305
    Cash to close
    $22,888
    Rate
    7.18%
    Mortgage insurance
    PMI · $136

  • Conventional, 20% down, no PMI $1,827a month

    Down payment
    $57,220
    Cash to close
    $65,803
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,092a month

    Down payment
    $42,915
    Cash to close
    $51,498
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Versailles and for Woodford County.

Property tax

Effective rate in Versailles

0.66%of the home’s value each year

$1,893 a year for the typical owner in Versailles.

  • Versailles 0.66%
  • Woodford 0.7%
  • Kentucky 0.75%

What Kentucky publishes Homestead exemption for owners 65 or older or totally disabled (Kentucky Department of Revenue)

Exemptions and deadlines in Kentucky

Flood risk in Woodford County

FEMA does not publish these numbers by city: they are for all of Woodford County.

Homes in the high-risk zone
2.8%
305
Of those, with NFIP insurance
36%
County Kentucky U.S.
Homes in the high-risk zone 2.8% 3.5% 3.5%
Of those, with NFIP insurance 36% 19% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Versailles

Typical rent in Versailles is $1,160 a month: about the same as the county. In Versailles, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Woodford County, by unit size. To pay the 2-bedroom one ($1,416 a month) without spending more than 30% of your income, you would need to earn $27.23 an hour working full time.

HUD fair market rent for all of Woodford County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $986 $18.96 $39,440
1 bedroom $1,205 $23.17 $48,200
2 bedrooms $1,416 $27.23 $56,640
3 bedrooms $1,948 $37.46 $77,920
4 bedrooms $2,108 $40.54 $84,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Versailles

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Versailles is in ZIP code 40383.

For 2 bedrooms it is $1,360: $56 less than the fair market rent for Woodford County ($1,416).

  • 40383 $1,360$1,870

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Versailles when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Versailles

HUD lists 4 buildings with rents for lower incomes in Versailles. These are the largest.

  • Clifton,cleveland,berry,high,princess CR 122 Berry Ave, Versailles 40383 156 homes, 155 low-income · Run by Housing Authority of Versailles · Average payment: $434 a month · Average wait: 3 months · Homes at several sites (859) 873-5351
  • Arbor Place Townhomes Arbor Place DR., Versailles 40383 48 low-income homes · 2 bd: 18 · 3 bd: 30 · In service since 2007 · For families
  • Willow Oaks Apartments 69 Woodson Dr, Versailles 40383 68 homes, 13 low-income · For families (859) 873-5114
  • Versailles School Apartments South Main Street, Versailles 40383 13 low-income homes · 1 bd: 6 · 2 bd: 3 · 3 bd: 4 · In service since 2016 · For families

See all 5 buildings in Woodford County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Versailles

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Woodford County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Versailles

No down payment, repair or rent-help program on our list is for Versailles or Woodford County. The ones below are statewide in Kentucky: they work in Versailles the same as in the rest of the state.

Which programs do I qualify for? All programs in Kentucky

  • KHC Down Payment Assistance (DPA)

    Statewide in Kentucky

    Kentucky state corporation loan of up to $12,500 for the down payment and closing costs, repaid over 15 years as a second loan, for buyers who take a KHC mortgage. Offered by Kentucky Housing Corporation (KHC).

    Repayable

    See the program Official page

Housing counselors near Versailles

The HUD-approved agencies closest to the center of Versailles, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Reach, Inc.

    733 Red Mile Rd, Lexington · 11 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (859) 455-8057

  • Community Ventures Corporation

    1450 N Broadway, Lexington · 14 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (859) 231-0054

  • Apprisen - Lexington

    3499 Blazer Pkwy, Lexington · 16 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (800) 355-2227

All counseling agencies in Kentucky

Help in Spanish near Versailles

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Versailles

HUD’s record names them for Versailles or Woodford County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Kentucky Source: HUD

Cities

Nearby cities

The cities closest to Versailles, with the typical home value.

Everything about Woodford County Housing in Kentucky

Neighboring counties

If Woodford County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Versailles.

All guides
A mother holds her laughing daughter on a grey sofa.

Questions

Housing questions about Versailles

Short answers with the numbers for Versailles and all of Woodford County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Versailles?

The typical home value in Versailles is $286,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Woodford County it is $299,700.

How much does it cost to rent in Versailles?

Typical rent in Versailles is $1,160 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Woodford County is $1,416.

What is the FHA loan limit in Versailles?

Versailles uses the FHA limit for all of Woodford County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Versailles?

The typical homeowner in Versailles pays $1,893 a year, according to the U.S. Census Bureau. That is 0.66% of the home’s value; in Woodford County, the rate is 0.7%.

Where can I find free help to buy or rent in Versailles?

We found no HUD-approved counseling agencies with an office in Woodford County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).