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

Fair Market Rent Prices in Carter County, KY :
$560 $564 $742 $993 $997
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Carter County are very low compared to the national average. This FMR area is less expensive than 97% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Carter County is $742 per month.

The previous year, rent for a two-bedroom home was $674 per month. This is a 10.09% increase year-over-year.

This FMR rate applies to Grahn, KY, Soldier, KY, Hitchins, KY, Webbville, KY, Argillite, KY, Garrison, KY, Sandy Hook, KY, Vanceburg, KY, Greenup, KY, Olive Hill, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO26580M21043.

Additionally, This Fair Market Rent (FMR) area Carter County, KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Carter County, KY HUD Metro FMR Area FMR area is 26,976 people based on latest Census data.

Compared to the rest of Kentucky, the Carter County FMR area is less expensive than 71% 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 Carter County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Carter County

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 $ 603
1-BR 1-Bedroom $ 607
2-BR 2-Bedroom $ 799
3-BR 3-Bedroom $ 1069
4-BR 4-Bedroom $ 1073
Change Year:
2022 2023 2024 2025

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

County / Region Est. Population
Carter County, KY Metro 26,976
Zip Codes in Carter County, KY HUD Metro FMR Area

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

41121, 41141, 41142, 41143, 41144, 41146, 41164, 41171, 41173, 41179 and 41180

Lookup Fair Market Rent by Zip Code

What's Next?

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