Logo Owen County Fair Market Rent FY 2018 Owen County, KY Rental Data

Fair Market Rent Prices in Owen County, KY :
$451 $480 $631 $846 $872
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 Owen County are very low compared to the national average. This FMR area is less expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Owen County is $631 per month.

The previous year, rent for a two-bedroom home was $643 per month. This is a 1.87% decrease year-over-year.

This FMR rate applies to New Liberty, KY, Perry Park, KY, Owenton, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21187N21187.

Additionally, This Fair Market Rent (FMR) area Owen County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Owen County, KY FMR area is 10,841 people based on 2010 Census data.

Compared to the rest of Kentucky, the Owen County FMR area is less expensive than 66% 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 Owen County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Owen 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 $ 472
1-BR 1-Bedroom $ 502
2-BR 2-Bedroom $ 660
3-BR 3-Bedroom $ 885
4-BR 4-Bedroom $ 912
Change Year:

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

County / Region Est. Population
Owen County, KY 10,841
Zip Codes in Owen County, KY

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

40355, 40359 and 40363

Lookup Fair Market Rent by Zip Code