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RentData.org Logo Laurel County Fair Market Rent FY 2019 Laurel County, KY Rental Data

Fair Market Rent Prices in Laurel County, KY :
$460 $543 $642 $880 $1,009
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 Laurel County are very low compared to the national average. This FMR area is less expensive than 83% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Laurel County is $642 per month.

The previous year, rent for a two-bedroom home was $620 per month. This is a 3.55% increase year-over-year.

This FMR rate applies to Bush, KY, Pittsburg, KY, Keavy, KY, Lily, KY, East Bernstadt, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21125N21125.

Additionally, This Fair Market Rent (FMR) area Laurel County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Laurel County, KY FMR area is 58,849 people based on 2010 Census data.

Compared to the rest of Kentucky, the Laurel County FMR area is more expensive than 71% 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 Laurel County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Laurel 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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

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

County / Region Est. Population
Laurel County, KY 58,849
Zip Codes in Laurel County, KY

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

40724, 40729, 40737, 40740 and 40755

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