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RentData.org Logo Kentucky Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Kentucky:
$574 $625 $784 $1,023 $1,147
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Kentucky (KY) has the 51st highest rent in the country out of 56 states and territories. The Fair Market Rent in Kentucky ranges from $742 for a 2-bedroom apartment in Adair County, KY to $1,093 for a 2-bedroom unit in Cincinnati, OH-KY-IN HUD Metro FMR Area.

For FY 2023, the Cincinnati, OH-KY-IN HUD Metro FMR Area (Boone County) rent for a studio or efficiency is $731 per month and $1,645 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Kentucky is $784 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Kentucky is around 2,593,008 people. So, there are around 388,951 people in Kentucky who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Kentucky Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Kentucky
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Adair County, KY $573 $577 $742 $1,055 $1,195 19,366
Allen County, KY HUD Metro FMR Area Metro $612 $616 $811 $1,010 $1,215 21,065
Anderson County, KY $601 $724 $829 $1,112 $1,116 22,580
Ballard County, KY $553 $580 $763 $951 $1,170 7,914
Barren County, KY $538 $574 $742 $962 $997 44,026
Bath County, KY $538 $640 $742 $974 $1,195 12,421
Bell County, KY $638 $657 $742 $1,055 $1,166 26,426
Cincinnati, OH-KY-IN HUD Metro FMR Area Metro $731 $839 $1,093 $1,464 $1,645 132,368
Lexington-Fayette, KY MSA Metro $706 $845 $1,025 $1,396 $1,615 19,998
Huntington-Ashland, WV-KY-OH HUD Metro FMR Area Metro $648 $706 $829 $1,102 $1,248 47,361
Boyle County, KY $590 $618 $813 $1,097 $1,327 30,090
Breathitt County, KY $538 $609 $742 $903 $999 12,802
Breckinridge County, KY $538 $646 $742 $952 $997 20,283
Louisville, KY-IN HUD Metro FMR Area Metro $776 $876 $1,052 $1,395 $1,602 80,921
Butler County, KY HUD Metro FMR Area Metro $560 $564 $742 $1,055 $1,111 12,756
Caldwell County, KY $538 $647 $742 $903 $997 12,679
Calloway County, KY $695 $700 $922 $1,122 $1,239 38,991
Carlisle County, KY $538 $579 $742 $903 $999 4,738
Carroll County, KY $538 $657 $742 $1,055 $1,192 10,691
Carter County, KY HUD Metro FMR Area Metro $560 $564 $742 $993 $997 26,976
Casey County, KY $538 $654 $742 $985 $1,264 15,968
Clarksville, TN-KY HUD Metro FMR Area Metro $699 $758 $985 $1,389 $1,678 71,470
Clay County, KY $595 $599 $742 $1,055 $1,264 20,110
Clinton County, KY $538 $624 $742 $903 $999 10,175
Crittenden County, KY $538 $564 $742 $939 $999 8,940
Cumberland County, KY $496 $564 $742 $921 $999 6,660
Owensboro, KY MSA Metro $699 $703 $926 $1,223 $1,244 101,001
Bowling Green, KY HUD Metro FMR Area Metro $738 $791 $941 $1,178 $1,441 12,195
Elliott County, KY $564 $591 $778 $987 $1,048 7,461
Estill County, KY $538 $564 $742 $903 $1,030 14,187
Fleming County, KY $538 $619 $742 $927 $1,201 14,519
Floyd County, KY $551 $577 $760 $925 $1,026 35,931
Franklin County, KY $638 $732 $909 $1,209 $1,505 50,744
Fulton County, KY $538 $635 $742 $1,032 $1,264 6,064
Garrard County, KY $570 $684 $786 $979 $1,146 17,554
Grant County, KY HUD Metro FMR Area Metro $614 $811 $916 $1,160 $1,494 25,107
Graves County, KY $538 $564 $742 $1,043 $1,130 37,125
Grayson County, KY $599 $613 $742 $987 $997 26,313
Green County, KY $538 $653 $742 $977 $999 11,000
Elizabethtown, KY HUD Metro FMR Area Metro $664 $668 $868 $1,189 $1,479 109,627
Harlan County, KY $538 $593 $742 $993 $1,150 26,307
Harrison County, KY $538 $564 $742 $978 $997 18,763
Hart County, KY $557 $564 $742 $979 $1,071 18,833
Evansville, IN-KY MSA Metro $691 $778 $973 $1,260 $1,462 45,550
Hickman County, KY $538 $569 $742 $995 $999 4,461
Hopkins County, KY $551 $622 $819 $1,072 $1,183 45,044
Jackson County, KY $538 $588 $742 $995 $999 13,368
Johnson County, KY $538 $564 $742 $983 $999 22,427
Knott County, KY $643 $657 $742 $1,017 $1,071 15,041
Knox County, KY $538 $564 $742 $983 $1,264 31,288
Laurel County, KY $558 $590 $769 $992 $1,063 60,631
Lawrence County, KY $538 $564 $742 $1,046 $1,138 15,604
Lee County, KY $538 $570 $742 $995 $999 7,088
Leslie County, KY $538 $657 $742 $995 $999 10,081
Letcher County, KY $538 $609 $742 $1,034 $1,113 21,936
Lewis County, KY $538 $650 $742 $995 $999 13,345
Lincoln County, KY $538 $564 $742 $903 $997 24,493
Livingston County, KY $538 $577 $742 $910 $999 9,172
Logan County, KY $553 $580 $763 $1,037 $1,237 27,049
Lyon County, KY $560 $598 $772 $940 $1,315 8,226
McCracken County, KY $637 $667 $878 $1,094 $1,179 65,485
McCreary County, KY $538 $577 $742 $926 $999 17,333
Madison County, KY $641 $650 $783 $1,055 $1,059 92,090
Magoffin County, KY $538 $657 $742 $979 $999 12,346
Marion County, KY $598 $602 $793 $965 $1,065 19,257
Marshall County, KY $611 $745 $843 $1,026 $1,408 31,225
Martin County, KY $591 $619 $815 $992 $1,097 11,421
Mason County, KY $551 $641 $824 $1,003 $1,110 17,122
Meade County, KY HUD Metro FMR Area Metro $663 $668 $879 $1,249 $1,497 28,379
Menifee County, KY $538 $577 $742 $991 $999 6,463
Mercer County, KY $538 $576 $742 $993 $997 21,690
Metcalfe County, KY $538 $582 $742 $903 $997 10,062
Monroe County, KY $538 $564 $742 $993 $997 10,616
Montgomery County, KY $542 $619 $747 $1,062 $1,100 28,042
Morgan County, KY $538 $564 $742 $982 $999 13,270
Muhlenberg County, KY $538 $564 $742 $934 $997 30,815
Nelson County, KY $572 $599 $789 $1,119 $1,257 45,915
Nicholas County, KY $538 $564 $742 $910 $1,264 7,189
Ohio County, KY $538 $583 $742 $972 $1,163 24,081
Owen County, KY $538 $564 $742 $961 $1,233 10,847
Owsley County, KY $538 $577 $742 $995 $999 4,416
Perry County, KY $563 $590 $776 $944 $1,106 26,266
Pike County, KY $560 $684 $772 $940 $1,155 58,595
Powell County, KY $566 $637 $781 $1,027 $1,049 12,283
Pulaski County, KY $512 $584 $766 $955 $1,048 64,789
Robertson County, KY $538 $564 $742 $903 $999 2,139
Rockcastle County, KY $538 $564 $742 $1,007 $1,065 16,795
Rowan County, KY $558 $634 $770 $965 $1,310 24,534
Russell County, KY $538 $564 $742 $949 $997 17,846
Shelby County, KY HUD Metro FMR Area Metro $691 $742 $941 $1,203 $1,392 48,100
Simpson County, KY $630 $660 $869 $1,165 $1,170 18,319
Taylor County, KY $626 $630 $742 $993 $997 25,572
Todd County, KY $538 $564 $742 $1,020 $1,136 12,334
Trimble County, KY $538 $616 $745 $997 $1,142 8,528
Union County, KY $541 $611 $746 $908 $1,002 14,582
Washington County, KY $563 $590 $776 $944 $1,213 12,044
Wayne County, KY $538 $577 $742 $1,055 $1,163 20,447
Webster County, KY $538 $564 $742 $905 $999 13,021
Whitley County, KY $538 $588 $742 $918 $997 36,252
Wolfe County, KY $538 $593 $742 $903 $1,039 7,188

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