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RentData.org Logo Lyon County Fair Market Rent FY 2023 Lyon County, KY Rental Data

Fair Market Rent Prices in Lyon County, KY :
$560 $598 $772 $940 $1,315
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 Lyon County are very low compared to the national average. This FMR area is less expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lyon County is $772 per month.

The previous year, rent for a two-bedroom home was $705 per month. This is a 9.5% increase year-over-year.

This FMR rate applies to Kuttawa, KY, Eddyville, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21143N21143.

Additionally, This Fair Market Rent (FMR) area Lyon County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Lyon County, KY FMR area is 8,226 people based on latest Census data.

Compared to the rest of Kentucky, the Lyon County FMR area is more expensive than 72% 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 Lyon County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lyon 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 $ 582
1-BR 1-Bedroom $ 622
2-BR 2-Bedroom $ 802
3-BR 3-Bedroom $ 976
4-BR 4-Bedroom $ 1366
Change Year:

There is just one county (listed below) within the Lyon County, KY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Paducah - Cape Girar D - Harsbg.

County / Region Est. Population
Lyon County, KY 8,226
Zip Codes in Lyon County, KY

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

42038 and 42055

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