Logo Jackson County Fair Market Rent FY 2016 Jackson County, KY Rental Data

Fair Market Rent Prices in Jackson County, KY :
$553 $577 $772 $958 $1,058
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Jackson County are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jackson County is $772 per month.

The previous year, rent for a two-bedroom home was $711 per month. This is a 8.58% increase year-over-year.

This FMR rate applies to Gray Hawk, KY, Sandgap, KY, Livingston, KY, Tyner, KY, Mc Kee, KY, Mount Vernon, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21109N21109.

Additionally, This Fair Market Rent (FMR) area Jackson County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Jackson County, KY FMR area is 13,494 people based on latest Census data.

Compared to the rest of Kentucky, the Jackson County FMR area is more expensive than 91% 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 Jackson County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jackson 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 $ 563
1-BR 1-Bedroom $ 586
2-BR 2-Bedroom $ 785
3-BR 3-Bedroom $ 974
4-BR 4-Bedroom $ 1076
Change Year:

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

County / Region Est. Population
Jackson County, KY 13,494
Zip Codes in Jackson County, KY

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

40434, 40445, 40447, 40456, 40481 and 40486

Lookup Fair Market Rent by Zip Code