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RentData.org Logo Boyle County Fair Market Rent FY 2018 Boyle County, KY Rental Data

Fair Market Rent Prices in Boyle County, KY :
$494 $528 $691 $927 $1,080
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Boyle County are low compared to the national average. This FMR area is less expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Boyle County is $691 per month.

The previous year, rent for a two-bedroom home was $676 per month. This is a 2.22% increase year-over-year.

This FMR rate applies to Parksville, KY, Perryville, KY, Junction City, KY, Danville, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21021N21021.

Additionally, This Fair Market Rent (FMR) area Boyle County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Boyle County, KY FMR area is 28,432 people based on 2010 Census data.

Compared to the rest of Kentucky, the Boyle County FMR area is more expensive than 82% 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 Boyle County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Boyle 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 $ 518
1-BR 1-Bedroom $ 554
2-BR 2-Bedroom $ 725
3-BR 3-Bedroom $ 973
4-BR 4-Bedroom $ 1133
Change Year:

There is just one county (listed below) within the Boyle County, KY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lexington.

County / Region Est. Population
Boyle County, KY 28,432
Zip Codes in Boyle County, KY

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

40422, 40423, 40440, 40464 and 40468

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