McLean County, KY

2024 Fair Market Rents

Tags: 2024 Owensboro, KY MSA

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 McLean County are Central City, Livermore, Sacramento, and Island. 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 McLean County use?

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

McLean County ($1,091) has a 15.3% higher FMR for 2-Bedroom housing than the average of Kentucky ($946) and therefore a higher gross rent.

McLean County is rank 27th out of 120 counties. This means the FMRs, or in other words, the gross rent is higher than 93 other counties. McLean County is the 27th most expensive county in terms of FMRs.

Rent Tables McLean County, KY

Fair Market Rent (40th Percentile)

$825
studio
$830
1-Bedroom
$1,091
2-Bedroom
$1,440
3-Bedroom
$1,453
4-Bedroom

Median Rent (50th Percentile)

$870
studio
$876
1-Bedroom
$1,151
2-Bedroom
$1,519
3-Bedroom
$1,533
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
42322 $0 $690 $910 $1,200 $1,210
42330 $0 $650 $850 $1,120 $1,130
42350 $0 $700 $920 $1,210 $1,230
42352 $0 $650 $850 $1,120 $1,130
42371 $0 $690 $900 $1,190 $1,210
42372 $0 $650 $850 $1,120 $1,130
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42322 $621 $621 $819 $1,080 $1,089
42330 $576 $585 $765 $1,008 $1,017
42350 $630 $630 $828 $1,089 $1,107
42352 $576 $585 $765 $1,008 $1,017
42371 $621 $621 $810 $1,071 $1,089
42372 $576 $585 $765 $1,008 $1,017
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42322 $759 $759 $1,001 $1,320 $1,331
42330 $704 $715 $935 $1,232 $1,243
42350 $770 $770 $1,012 $1,331 $1,353
42352 $704 $715 $935 $1,232 $1,243
42371 $759 $759 $990 $1,309 $1,331
42372 $704 $715 $935 $1,232 $1,243

Fair Market Rents on this page apply to the following cities in McLean County, Kentucky: Central City, Livermore, Sacramento, Island, Beech Grove, and Rumsey.

These Fair Market Rents also apply to the following ZIP codes in McLean County, Kentucky: 42330, 42352, 42372, 42350, 42322, and 42371.

McLean County, KY is considered part of the following metro FMR area: OWENSBORO, KY MSA.

Other counties in the same metro FMR area are: Daviess County, KY, and Hancock County, KY.

More on McLean County, KY

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Data Source

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