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RentData.org Logo Marshall County Fair Market Rent FY 2023 Marshall County, KY Rental Data

Fair Market Rent Prices in Marshall County, KY :
$611 $745 $843 $1,026 $1,408
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 Marshall County are average compared to the national average. This FMR area is more expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Marshall County is $843 per month.

The previous year, rent for a two-bedroom home was $773 per month. This is a 9.06% increase year-over-year.

This FMR rate applies to Gilbertsville, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21157N21157.

Additionally, This Fair Market Rent (FMR) area Marshall County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Marshall County, KY FMR area is 31,225 people based on latest Census data.

Compared to the rest of Kentucky, the Marshall County FMR area is more expensive than 86% 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 Marshall County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Marshall 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 $ 660
1-BR 1-Bedroom $ 804
2-BR 2-Bedroom $ 910
3-BR 3-Bedroom $ 1108
4-BR 4-Bedroom $ 1520
Change Year:

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

County / Region Est. Population
Marshall County, KY 31,225
Zip Codes in Marshall County, KY

There is 1 unique zip code in this Fair Market Rent (FMR) area:

42044

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