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RentData.org Logo Bowling Green Fair Market Rent FY 2023 Bowling Green, KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Bowling Green, KY :
$738 $791 $941 $1,178 $1,441
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Bowling Green are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bowling Green is $941 per month.

The previous year, rent for a two-bedroom home was $845 per month. This is a 11.36% increase year-over-year.

This FMR rate applies to Rocky Hill, KY, Sweeden, KY, Mammoth Cave, KY, Bee Spring, KY, Cub Run, KY, Brownsville, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO14540M14540.

Additionally, This Fair Market Rent (FMR) area Bowling Green, KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Bowling Green, KY HUD Metro FMR Area FMR area is 12,195 people based on latest Census data.

Compared to the rest of Kentucky, the Bowling Green FMR area is more expensive than 94% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bowling Green. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bowling Green

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 798
1-BR 1-Bedroom $ 854
2-BR 2-Bedroom $ 1017
3-BR 3-Bedroom $ 1273
4-BR 4-Bedroom $ 1557
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Bowling Green, KY HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Bowling Green.

County / Region Est. Population
Bowling Green, KY Metro 12,195
Zip Codes in Bowling Green, KY HUD Metro FMR Area

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

42163, 42207, 42210, 42259, 42285 and 42729

Lookup Fair Market Rent by Zip Code

What's Next?

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