Allen County, KY

2024 Fair Market Rents

Tags: 2024 Allen County, KY HUD Metro FMR Area

Return to the state page to see where Kentucky ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Allen County are Franklin, Scottsville, Smiths Grove, and Alvaton. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Allen County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Allen County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Allen County compare?

Allen County ($954) has a 0.8% higher FMR for 2-Bedroom housing than the average of Kentucky ($946) and therefore a higher gross rent.

Allen County is rank 42nd out of 120 counties. This means the FMRs, or in other words, the gross rent is higher than 78 other counties. Allen County is the 42nd most expensive county in terms of FMRs.

Rent Tables Allen County, KY

Fair Market Rent (40th Percentile)

$716
studio
$726
1-Bedroom
$954
2-Bedroom
$1,153
3-Bedroom
$1,385
4-Bedroom

Median Rent (50th Percentile)

$760
studio
$771
1-Bedroom
$1,013
2-Bedroom
$1,225
3-Bedroom
$1,470
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42122 $0 $920 $1,110 $1,350 $1,640
42171 $0 $890 $1,040 $1,280 $1,550
42120 $0 $740 $970 $1,170 $1,410
42122 $0 $920 $1,110 $1,350 $1,640
42133 $0 $650 $850 $1,030 $1,230
42134 $0 $870 $1,140 $1,380 $1,650
42153 $0 $810 $1,060 $1,280 $1,540
42164 $0 $720 $950 $1,150 $1,380
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42122 $747 $828 $999 $1,215 $1,476
42171 $702 $801 $936 $1,152 $1,395
42120 $657 $666 $873 $1,053 $1,269
42122 $747 $828 $999 $1,215 $1,476
42133 $576 $585 $765 $927 $1,107
42134 $774 $783 $1,026 $1,242 $1,485
42153 $720 $729 $954 $1,152 $1,386
42164 $639 $648 $855 $1,035 $1,242
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42122 $913 $1,012 $1,221 $1,485 $1,804
42171 $858 $979 $1,144 $1,408 $1,705
42120 $803 $814 $1,067 $1,287 $1,551
42122 $913 $1,012 $1,221 $1,485 $1,804
42133 $704 $715 $935 $1,133 $1,353
42134 $946 $957 $1,254 $1,518 $1,815
42153 $880 $891 $1,166 $1,408 $1,694
42164 $781 $792 $1,045 $1,265 $1,518

Fair Market Rents on this page apply to the following cities in Allen County, Kentucky: Franklin, Scottsville, Smiths Grove, Alvaton, Adolphus, Fountain Run, and Holland.

These Fair Market Rents also apply to the following ZIP codes in Allen County, Kentucky: 42134, 42164, 42171, 42122, 42120, 42133, and 42153.

Allen County, KY is considered part of the following metro FMR area: ALLEN COUNTY, KY HUD METRO FMR AREA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.