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RentData.org Logo Wolfe County Fair Market Rent FY 2016 Wolfe County, KY Rental Data

Fair Market Rent Prices in Wolfe County, KY :
$446 $465 $622 $772 $853
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 Wolfe 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 Wolfe County is $622 per month.

The previous year, rent for a two-bedroom home was $565 per month. This is a 10.09% increase year-over-year.

This FMR rate applies to Rogers, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21237N21237.

Additionally, This Fair Market Rent (FMR) area Wolfe County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Wolfe County, KY FMR area is 7,355 people based on latest Census data.

Compared to the rest of Kentucky, the Wolfe County FMR area is less expensive than 100% 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 Wolfe County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wolfe 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 $ 462
1-BR 1-Bedroom $ 482
2-BR 2-Bedroom $ 645
3-BR 3-Bedroom $ 800
4-BR 4-Bedroom $ 884
Change Year:

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

County / Region Est. Population
Wolfe County, KY 7,355
Zip Codes in Wolfe County, KY

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

41365

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