Mercer County, KY

2024 Fair Market Rents

Tags: 2024 40th percentile Kentucky

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 one largest cities in Mercer County are Burgin. 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 Mercer County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Mercer 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 Mercer County compare?

Mercer 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.

Mercer County is rank 66th out of 120 counties. This means the FMRs, or in other words, the gross rent is lower than 65 other counties. Mercer County is the 55th cheapest county in terms of FMRs.

Rent Tables Mercer County, KY

Fair Market Rent (40th Percentile)

$616
studio
$647
1-Bedroom
$850
2-Bedroom
$1,198
3-Bedroom
$1,322
4-Bedroom

Median Rent (50th Percentile)

$616
studio
$647
1-Bedroom
$850
2-Bedroom
$1,198
3-Bedroom
$1,322
4-Bedroom

Fair Market Rents on this page apply to the following city in Mercer County, Kentucky: Burgin.

These Fair Market Rents also apply to the following ZIP code in Mercer County, Kentucky: 40310.

More on Mercer County, KY

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Data Source

HUD Seal

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