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Kentucky Fair Market Rents

2023 Fair Market Rents

2023 FMRs in Kentucky by county. Click on the map below to view FMRs for a particular county.

Kentucky Map

Minimum FMR
Maximum FMR

FMRs vary across Kentucky based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Kentucky is $823.

The highest average FMR for a two-bedroom apartment in the United States is $1,951 in Hawaii. The lowest for a two-bedroom apartment is $519 in Puerto Rico.

FMRs in Kentucky are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does Kentucky compare?

The highest FMR for a two-bedroom apartment in Kentucky is $1,093 in Boone County, Bracken County, and 4 others. The lowest FMR for a two-bedroom apartment is $742 in Cumberland County.

Kentucky ($823) has a 24.9% lower FMR for 2-Bedroom housing than the average of the US ($1,096) and therefore has a lower gross rent.

Kentucky is rank 53rd out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 52 other States and territories. Kentucky is the 4th cheapest State or territory in terms of FMRs.

Average FMRs for Kentucky

53rd
Rank
$598
Studio
$656
1-person
$823
2-person
$1,079
3-person
$1,214
4-person
Counties in Kentucky (120)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Boone County 1st $731 $839 $1,093 $1,464 $1,645
Bracken County 1st $731 $839 $1,093 $1,464 $1,645
Campbell County 1st $731 $839 $1,093 $1,464 $1,645
Gallatin County 1st $731 $839 $1,093 $1,464 $1,645
Kenton County 1st $731 $839 $1,093 $1,464 $1,645
Pendleton County 1st $731 $839 $1,093 $1,464 $1,645
Bullitt County 7th $776 $876 $1,052 $1,395 $1,602
Henry County 7th $776 $876 $1,052 $1,395 $1,602
Jefferson County 7th $776 $876 $1,052 $1,395 $1,602
Oldham County 7th $776 $876 $1,052 $1,395 $1,602
Spencer County 7th $776 $876 $1,052 $1,395 $1,602
Bourbon County 12th $706 $845 $1,025 $1,396 $1,615
Clark County 12th $706 $845 $1,025 $1,396 $1,615
Fayette County 12th $706 $845 $1,025 $1,396 $1,615
Jessamine County 12th $706 $845 $1,025 $1,396 $1,615
Scott County 12th $706 $845 $1,025 $1,396 $1,615
Woodford County 12th $706 $845 $1,025 $1,396 $1,615
Christian County 18th $699 $758 $985 $1,389 $1,678
Trigg County 18th $699 $758 $985 $1,389 $1,678
Henderson County 20th $691 $778 $973 $1,260 $1,462
Edmonson County 21st $738 $791 $941 $1,178 $1,441
Warren County 21st $738 $791 $941 $1,178 $1,441
Grant County 23rd $614 $811 $916 $1,160 $1,494
Franklin County 24th $638 $732 $909 $1,209 $1,505
Shelby County 25th $691 $742 $941 $1,203 $1,392
Meade County 26th $663 $668 $879 $1,249 $1,497
Hardin County 27th $664 $668 $868 $1,189 $1,479
Larue County 27th $664 $668 $868 $1,189 $1,479
Daviess County 29th $699 $703 $926 $1,223 $1,244
Hancock County 29th $699 $703 $926 $1,223 $1,244
McLean County 29th $699 $703 $926 $1,223 $1,244
Calloway County 32nd $695 $700 $922 $1,122 $1,239
Marshall County 33rd $611 $745 $843 $1,026 $1,408
Boyd County 34th $648 $706 $829 $1,102 $1,248
Greenup County 34th $648 $706 $829 $1,102 $1,248
Simpson County 36th $630 $660 $869 $1,165 $1,170
McCracken County 37th $637 $667 $878 $1,094 $1,179
Boyle County 38th $590 $618 $813 $1,097 $1,327
Anderson County 39th $601 $724 $829 $1,112 $1,116
Nelson County 40th $572 $599 $789 $1,119 $1,257
Allen County 41st $612 $616 $811 $1,010 $1,215
Bell County 42nd $638 $657 $742 $1,055 $1,166
Clay County 43rd $595 $599 $742 $1,055 $1,264
Hopkins County 44th $551 $622 $819 $1,072 $1,183
Rowan County 45th $558 $634 $770 $965 $1,310
Fulton County 46th $538 $635 $742 $1,032 $1,264
Madison County 47th $641 $650 $783 $1,055 $1,059
Lyon County 48th $560 $598 $772 $940 $1,315
Carroll County 49th $538 $657 $742 $1,055 $1,192
Casey County 50th $538 $654 $742 $985 $1,264
Logan County 51st $553 $580 $763 $1,037 $1,237
Garrard County 52nd $570 $684 $786 $979 $1,146
Adair County 53rd $573 $577 $742 $1,055 $1,195
Knott County 54th $643 $657 $742 $1,017 $1,071
Mason County 55th $551 $641 $824 $1,003 $1,110
Martin County 56th $591 $619 $815 $992 $1,097
Pike County 57th $560 $684 $772 $940 $1,155
Knox County 58th $538 $564 $742 $983 $1,264
Bath County 59th $538 $640 $742 $974 $1,195
Washington County 60th $563 $590 $776 $944 $1,213
Wayne County 61st $538 $577 $742 $1,055 $1,163
Montgomery County 62nd $542 $619 $747 $1,062 $1,100
Powell County 63rd $566 $637 $781 $1,027 $1,049
Owen County 64th $538 $564 $742 $961 $1,233
Trimble County 64th $538 $616 $745 $997 $1,142
Letcher County 66th $538 $609 $742 $1,034 $1,113
Butler County 67th $560 $564 $742 $1,055 $1,111
Lawrence County 68th $538 $564 $742 $1,046 $1,138
Fleming County 69th $538 $619 $742 $927 $1,201
Marion County 70th $598 $602 $793 $965 $1,065
Nicholas County 71st $538 $564 $742 $910 $1,264
Ballard County 72nd $553 $580 $763 $951 $1,170
Graves County 72nd $538 $564 $742 $1,043 $1,130
Harlan County 74th $538 $593 $742 $993 $1,150
Todd County 75th $538 $564 $742 $1,020 $1,136
Ohio County 76th $538 $583 $742 $972 $1,163
Taylor County 77th $626 $630 $742 $993 $997
Perry County 78th $563 $590 $776 $944 $1,106
Laurel County 79th $558 $590 $769 $992 $1,063
Elliott County 80th $564 $591 $778 $987 $1,048
Grayson County 81st $599 $613 $742 $987 $997
Leslie County 82nd $538 $657 $742 $995 $999
Lewis County 83rd $538 $650 $742 $995 $999
Rockcastle County 84th $538 $564 $742 $1,007 $1,065
Magoffin County 85th $538 $657 $742 $979 $999
Hart County 86th $557 $564 $742 $979 $1,071
Green County 87th $538 $653 $742 $977 $999
Breckinridge County 88th $538 $646 $742 $952 $997
Pulaski County 89th $512 $584 $766 $955 $1,048
Jackson County 90th $538 $588 $742 $995 $999
Carter County 91st $560 $564 $742 $993 $997
Owsley County 92nd $538 $577 $742 $995 $999
Menifee County 93rd $538 $577 $742 $991 $999
Mercer County 94th $538 $576 $742 $993 $997
Lee County 95th $538 $570 $742 $995 $999
Hickman County 96th $538 $569 $742 $995 $999
Floyd County 97th $551 $577 $760 $925 $1,026
Monroe County 98th $538 $564 $742 $993 $997
Caldwell County 99th $538 $647 $742 $903 $997
Johnson County 100th $538 $564 $742 $983 $999
Morgan County 101st $538 $564 $742 $982 $999
Harrison County 102nd $538 $564 $742 $978 $997
Wolfe County 103rd $538 $593 $742 $903 $1,039
Barren County 104th $538 $574 $742 $962 $997
Union County 105th $541 $611 $746 $908 $1,002
Clinton County 106th $538 $624 $742 $903 $999
Breathitt County 107th $538 $609 $742 $903 $999
Russell County 108th $538 $564 $742 $949 $997
Whitley County 109th $538 $588 $742 $918 $997
Crittenden County 110th $538 $564 $742 $939 $999
McCreary County 110th $538 $577 $742 $926 $999
Estill County 112th $538 $564 $742 $903 $1,030
Muhlenberg County 113th $538 $564 $742 $934 $997
Livingston County 114th $538 $577 $742 $910 $999
Metcalfe County 115th $538 $582 $742 $903 $997
Carlisle County 116th $538 $579 $742 $903 $999
Webster County 117th $538 $564 $742 $905 $999
Robertson County 118th $538 $564 $742 $903 $999
Lincoln County 119th $538 $564 $742 $903 $997
Cumberland County 120th $496 $564 $742 $921 $999

More on Kentucky

Want to learn more about Kentucky? See Loan Limits in Kentucky to view maximum loan amounts or click here to find a Public Housing Authority in Kentucky who can help with finding affordable housing near you.

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.


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