Martin County, KY

2024 Fair Market Rents

Tags: 2024 40th percentile Kentucky

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The top four largest cities in Martin County are Inez, Belfry, Lovely, and Tomahawk. 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 Martin County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Martin County uses 40th percentile Fair Market Rents.

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 Martin County compare?

Martin County ($850) has a 10.1% lower FMR for 2-Bedroom housing than the average of Kentucky ($946) and therefore has a lower gross rent.

Martin County is rank 63rd out of 120 counties. This means the FMRs, or in other words, the gross rent is lower than 62 other counties. Martin County is the 58th cheapest county in terms of FMRs.

Rent Tables Martin County, KY

Fair Market Rent (40th Percentile)

$616
studio
$647
1-Bedroom
$850
2-Bedroom
$1,028
3-Bedroom
$1,156
4-Bedroom

Median Rent (50th Percentile)

$683
studio
$718
1-Bedroom
$943
2-Bedroom
$1,140
3-Bedroom
$1,282
4-Bedroom

Fair Market Rents on this page apply to the following cities in Martin County, Kentucky: Inez, Belfry, Lovely, Tomahawk, Warfield, Pilgrim, Beauty, and Debord.

These Fair Market Rents also apply to the following ZIP codes in Martin County, Kentucky: 41224, 41514, 41231, 41262, 41267, 41250, 41203, and 41214.

More on Martin County, KY

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Data Source

HUD Seal

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