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RentData.org Logo Grant County Fair Market Rent FY 2023 Grant County, KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Grant County, KY :
$614 $811 $916 $1,160 $1,494
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Grant County are average compared to the national average. This FMR area is more expensive than 71% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Grant County is $916 per month.

The previous year, rent for a two-bedroom home was $829 per month. This is a 10.49% increase year-over-year.

This FMR rate applies to Jonesville, KY, Berry, KY, Corinth, KY, Williamstown, KY, Dry Ridge, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO17140MM3020.

Additionally, This Fair Market Rent (FMR) area Grant County, KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Grant County, KY HUD Metro FMR Area FMR area is 25,107 people based on latest Census data.

Compared to the rest of Kentucky, the Grant County FMR area is more expensive than 93% 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 Grant County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Grant 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 $ 640
1-BR 1-Bedroom $ 846
2-BR 2-Bedroom $ 955
3-BR 3-Bedroom $ 1209
4-BR 4-Bedroom $ 1558
Change Year:

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

County / Region Est. Population
Grant County, KY Metro 25,107
Zip Codes in Grant County, KY HUD Metro FMR Area

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

41003, 41010, 41035, 41052 and 41097

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