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RentData.org Logo Louisville Fair Market Rent FY 2006 Louisville, KY-IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Louisville, IN :
$411 $473 $563 $785 $834
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 Louisville are high compared to the national average. This FMR area is more expensive than 76% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Louisville is $563 per month.

This FMR rate applies to Bethlehem, IN, Nabb, IN, New Washington, IN, Underwood, IN, Otisco, IN, Marysville, IN, Memphis, IN, Henryville, IN, Lexington, IN, Borden, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO31140M31140.

Additionally, This Fair Market Rent (FMR) area Louisville, KY-IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Louisville, KY-IN HUD Metro FMR Area FMR area is 96,472 people based on latest Census data.

Compared to the rest of Indiana, the Louisville FMR area is more expensive than 76% 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 Louisville. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Louisville

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 $ 448
1-BR 1-Bedroom $ 508
2-BR 2-Bedroom $ 601
3-BR 3-Bedroom $ 846
4-BR 4-Bedroom $ 879
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 Louisville, KY-IN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Louisville.

County / Region Est. Population
Louisville, IN Metro 96,472
Zip Codes in Louisville, KY-IN HUD Metro FMR Area

There are 20 unique zip codes in this Fair Market Rent (FMR) area:

47104, 47106, 47111, 47119, 47126, 47129, 47130, 47131, 47138, 47141, 47143, 47147, 47150, 47162, 47163, 47165, 47172, 47177, 47190 and 47243

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What's Next?

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