Henry County, KY

2024 Fair Market Rents

Tags: 2024 Louisville, KY-IN HUD Metro FMR Area

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The top four largest cities in Henry County are La Grange, Eminence, Pleasureville, and Smithfield. 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 Henry County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Henry 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 Henry County compare?

Henry County ($1,301) has a 37.5% higher FMR for 2-Bedroom housing than the average of Kentucky ($946) and therefore a higher gross rent.

Henry County is rank 1st out of 120 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Henry County is the most expensive county in terms of FMRs.

Rent Tables Henry County, KY

Fair Market Rent (40th Percentile)

$976
studio
$1,077
1-Bedroom
$1,301
2-Bedroom
$1,701
3-Bedroom
$1,955
4-Bedroom

Median Rent (50th Percentile)

$1,039
studio
$1,147
1-Bedroom
$1,385
2-Bedroom
$1,811
3-Bedroom
$2,081
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
40007 $920 $1,020 $1,220 $1,600 $1,820
40019 $850 $940 $1,130 $1,470 $1,680
40031 $980 $1,080 $1,310 $1,710 $1,970
40036 $890 $1,000 $1,190 $1,560 $1,770
40050 $800 $890 $1,070 $1,400 $1,610
40055 $1,080 $1,190 $1,440 $1,880 $2,160
40057 $920 $1,020 $1,220 $1,600 $1,820
40058 $800 $890 $1,070 $1,400 $1,610
40068 $920 $1,010 $1,220 $1,590 $1,810
40070 $920 $1,020 $1,230 $1,600 $1,840
40019 $850 $940 $1,130 $1,470 $1,680
40057 $920 $1,020 $1,220 $1,600 $1,820
40068 $920 $1,010 $1,220 $1,590 $1,810
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
40007 $828 $918 $1,098 $1,440 $1,638
40019 $765 $846 $1,017 $1,323 $1,512
40031 $882 $972 $1,179 $1,539 $1,773
40036 $801 $900 $1,071 $1,404 $1,593
40050 $720 $801 $963 $1,260 $1,449
40055 $972 $1,071 $1,296 $1,692 $1,944
40057 $828 $918 $1,098 $1,440 $1,638
40058 $720 $801 $963 $1,260 $1,449
40068 $828 $909 $1,098 $1,431 $1,629
40070 $828 $918 $1,107 $1,440 $1,656
40019 $765 $846 $1,017 $1,323 $1,512
40057 $828 $918 $1,098 $1,440 $1,638
40068 $828 $909 $1,098 $1,431 $1,629
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
40007 $1,012 $1,122 $1,342 $1,760 $2,002
40019 $935 $1,034 $1,243 $1,617 $1,848
40031 $1,078 $1,188 $1,441 $1,881 $2,167
40036 $979 $1,100 $1,309 $1,716 $1,947
40050 $880 $979 $1,177 $1,540 $1,771
40055 $1,188 $1,309 $1,584 $2,068 $2,376
40057 $1,012 $1,122 $1,342 $1,760 $2,002
40058 $880 $979 $1,177 $1,540 $1,771
40068 $1,012 $1,111 $1,342 $1,749 $1,991
40070 $1,012 $1,122 $1,353 $1,760 $2,024
40019 $935 $1,034 $1,243 $1,617 $1,848
40057 $1,012 $1,122 $1,342 $1,760 $2,002
40068 $1,012 $1,111 $1,342 $1,749 $1,991

Fair Market Rents on this page apply to the following cities in Henry County, Kentucky: La Grange, Eminence, Pleasureville, Smithfield, Pendleton, New Castle, Bethlehem, Lockport, Port Royal, and Sulphur.

These Fair Market Rents also apply to the following ZIP codes in Henry County, Kentucky: 40031, 40019, 40057, 40068, 40055, 40050, 40007, 40036, 40058, and 40070.

Henry County, KY is considered part of the following metro FMR area: LOUISVILLE, KY-IN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Bullitt County, KY, Jefferson County, KY, Oldham County, KY, and Spencer County, KY.

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