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RentData.org Logo Letcher County Fair Market Rent FY 2016 Letcher County, KY Rental Data

Fair Market Rent Prices in Letcher County, KY :
$446 $465 $622 $788 $887
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Letcher County are very low compared to the national average. This FMR area is less expensive than 93% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Letcher County is $622 per month.

The previous year, rent for a two-bedroom home was $558 per month. This is a 11.47% increase year-over-year.

This FMR rate applies to Eolia, KY, Partridge, KY, Burdine, KY, Jackhorn, KY, Linefork, KY, Cromona, KY, Deane, KY, Letcher, KY, Gordon, KY, Hallie, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21133N21133.

Additionally, This Fair Market Rent (FMR) area Letcher County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Letcher County, KY FMR area is 24,519 people based on latest Census data.

Compared to the rest of Kentucky, the Letcher County FMR area is less expensive than 91% 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 Letcher County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Letcher 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 $ 446
1-BR 1-Bedroom $ 465
2-BR 2-Bedroom $ 622
3-BR 3-Bedroom $ 788
4-BR 4-Bedroom $ 887
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Letcher County, KY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Tri - Cities, Tn - Va and Lexington.

County / Region Est. Population
Letcher County, KY 24,519
Zip Codes in Letcher County, KY

There are 24 unique zip codes in this Fair Market Rent (FMR) area:

40826, 40862, 41517, 41537, 41731, 41810, 41812, 41815, 41819, 41821, 41824, 41825, 41826, 41832, 41833, 41835, 41837, 41838, 41840, 41845, 41848, 41849, 41855 and 41858

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