Logo Rockcastle County Fair Market Rent FY 2016 Rockcastle County, KY Rental Data

Fair Market Rent Prices in Rockcastle County, KY :
$446 $465 $622 $808 $882
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 Rockcastle County are very low compared to the national average. This FMR area is less expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Rockcastle 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 Renfro Valley, KY, Wildie, KY, Orlando, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21203N21203.

Additionally, This Fair Market Rent (FMR) area Rockcastle County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Rockcastle County, KY FMR area is 17,056 people based on latest Census data.

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

Median Rent Prices in Rockcastle 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 $ 465
2-BR 2-Bedroom $ 622
3-BR 3-Bedroom $ 808
4-BR 4-Bedroom $ 882
Change Year:

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

County / Region Est. Population
Rockcastle County, KY 17,056
Zip Codes in Rockcastle County, KY

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

40460, 40473 and 40492

Lookup Fair Market Rent by Zip Code