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RentData.org Logo Gallatin County Fair Market Rent FY 2019 Gallatin County, IL Rental Data

Fair Market Rent Prices in Gallatin County, IL :
$473 $609 $697 $997 $1,001
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Gallatin County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gallatin County is $697 per month.

The previous year, rent for a two-bedroom home was $670 per month. This is a 4.03% increase year-over-year.

This FMR rate applies to New Haven, IL, Junction, IL, Omaha, IL, Equality, IL, Ridgway, IL, Shawneetown, IL, Norris City, IL, Eldorado, IL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY17059N17059.

Additionally, This Fair Market Rent (FMR) area Gallatin County, IL spans one county or city in which is listed in the table below. Estimated population of Gallatin County, IL FMR area is 5,589 people based on latest Census data.

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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 Gallatin County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gallatin 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 $ 473
1-BR 1-Bedroom $ 609
2-BR 2-Bedroom $ 697
3-BR 3-Bedroom $ 997
4-BR 4-Bedroom $ 1001
Change Year:

There is just one county (listed below) within the Gallatin County, IL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Paducah - Cape Girar D - Harsbg and Evansville.

County / Region Est. Population
Gallatin County, IL 5,589
Zip Codes in Gallatin County, IL

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

62867, 62869, 62871, 62930, 62934, 62954, 62979 and 62984

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