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Note: Louisville, KY-IN HUD Metro FMR Area spans 2 states: Kentucky and Indiana. Only one of the states will be shown in the map below.

RentData.org Logo Louisville Fair Market Rent FY 2017 Louisville, KY-IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Louisville, KY :
$551 $629 $793 $1,085 $1,230
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 Louisville are high compared to the national average. This FMR area is more expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Louisville is $793 per month.

The previous year, rent for a two-bedroom home was $817 per month. This is a 2.94% decrease year-over-year.

This FMR rate applies to Bethlehem, KY, Clermont, KY, New Middletown, IN, Glenview, KY, Bradford, IN, Hillview, KY, Harrods Creek, KY, Sulphur, KY, Central, IN, Mount Saint Francis, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO31140M31140.

Additionally, This Fair Market Rent (FMR) area Louisville, KY-IN HUD Metro FMR Area spans nine counties or cities in Kentucky and Indiana which ares listed in the table below. Estimated population of Louisville, KY-IN HUD Metro FMR Area FMR area is 1,141,191 people based on 2010 Census data.

Compared to the rest of Kentucky, the Louisville FMR area is more expensive than 97% of the state.

Kentucky Rents Map

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

Median Rent Prices in Louisville

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 $ 587
1-BR 1-Bedroom $ 670
2-BR 2-Bedroom $ 845
3-BR 3-Bedroom $ 1156
4-BR 4-Bedroom $ 1310
Change Year:

The counties, cities, towns, and regions listed below fall into the Louisville, KY-IN HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Louisville.

County / Region Est. Population
Bullitt County, KY Metro 74,319
Clark County, IN Metro 110,232
Floyd County, IN Metro 74,578
Harrison County, IN Metro 39,364
Henry County, KY Metro 15,416
Jefferson County, KY Metro 741,096
Oldham County, KY Metro 60,316
Spencer County, KY Metro 17,061
Trimble County, KY Metro 8,809
Zip Codes in Louisville, KY-IN HUD Metro FMR Area

There are 128 unique zip codes in this Fair Market Rent (FMR) area:

40007, 40010, 40013, 40014, 40018, 40019, 40023, 40025, 40026, 40027, 40031, 40032, 40036, 40041, 40047, 40050, 40055, 40056, 40057, 40058, 40059, 40065, 40068, 40070, 40071, 40077, 40109, 40110, 40118, 40129, 40150, 40165, 40177, 40201, 40202, 40203, 40204, 40205, 40206, 40207, 40208, 40209, 40210, 40211, 40212, 40213, 40214, 40215, 40216, 40217, 40218, 40219, 40220, 40221, 40222, 40223, 40225, 40228, 40229, 40232, 40233, 40241, 40242, 40243, 40245, 40250, 40251, 40252, 40253, 40255, 40256, 40257, 40258, 40259, 40261, 40266, 40268, 40269, 40270, 40272, 40280, 40281, 40282, 40283, 40285, 40289, 40291, 40292, 40299, 47104, 47106, 47107, 47110, 47111, 47112, 47114, 47115, 47117, 47119, 47120, 47122, 47124, 47125, 47126, 47129, 47130, 47131, 47135, 47136, 47138, 47141, 47142, 47143, 47146, 47147, 47150, 47151, 47160, 47161, 47162, 47163, 47164, 47165, 47166, 47172, 47177, 47190 and 47243

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