Logo Allen County Fair Market Rent FY 2024 Allen County, KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Allen County, KY :
$716 $726 $954 $1,153 $1,385
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Allen County are low compared to the national average. This FMR area is less expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Allen County is $954 per month.

The previous year, rent for a two-bedroom home was $811 per month. This is a 17.63% increase year-over-year.

This FMR rate applies to Holland, KY, Fountain Run, KY, Adolphus, KY, Alvaton, KY, Smiths Grove, KY, Scottsville, KY, Franklin, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO14540N21003.

Additionally, This Fair Market Rent (FMR) area Allen County, KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Allen County, KY HUD Metro FMR Area FMR area is 21,065 people based on latest Census data.

Compared to the rest of Kentucky, the Allen County FMR area is more expensive than 78% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Allen County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Allen County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 760
1-BR 1-Bedroom $ 771
2-BR 2-Bedroom $ 1013
3-BR 3-Bedroom $ 1225
4-BR 4-Bedroom $ 1470
Change Year:

There is just one county (listed below) within the Allen County, KY HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Nashville and Bowling Green.

County / Region Est. Population
Allen County, KY Metro 21,065
Zip Codes in Allen County, KY HUD Metro FMR Area

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

42120, 42122, 42133, 42134, 42153, 42164 and 42171

Lookup Fair Market Rent by Zip Code