Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Martin County Fair Market Rent FY 2016 Martin County, KY Rental Data

Fair Market Rent Prices in Martin County, KY :
$446 $537 $622 $906 $1,086
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 Martin County are low compared to the national average. This FMR area is less expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Martin County is $622 per month.

The previous year, rent for a two-bedroom home was $558 per month. This is a 11.47% increase year-over-year.

This FMR rate applies to Beauty, KY, Debord, KY, Pilgrim, KY, Warfield, KY, Tomahawk, KY, Lovely, KY, Belfry, KY, Inez, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21159N21159.

Additionally, This Fair Market Rent (FMR) area Martin County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Martin County, KY FMR area is 12,929 people based on latest Census data.

Compared to the rest of Kentucky, the Martin County FMR area is more expensive than 74% 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 Martin County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Martin 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 $ 446
1-BR 1-Bedroom $ 537
2-BR 2-Bedroom $ 622
3-BR 3-Bedroom $ 906
4-BR 4-Bedroom $ 1086
Change Year:

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

County / Region Est. Population
Martin County, KY 12,929
Zip Codes in Martin County, KY

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

41203, 41214, 41224, 41231, 41250, 41262, 41267 and 41514

Lookup Fair Market Rent by Zip Code
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