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RentData.org Logo Nelson County Fair Market Rent FY 2014 Nelson County, KY HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Nelson County, KY :
$421 $485 $612 $902 $918
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 Nelson County are low compared to the national average. This FMR area is less expensive than 65% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nelson County is $612 per month.

The previous year, rent for a two-bedroom home was $613 per month. This is a 0.16% decrease year-over-year.

This FMR rate applies to Fairfield, KY, Nazareth, KY, Boston, KY, Bloomfield, KY, Bardstown, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO31140N21179.

Additionally, This Fair Market Rent (FMR) area Nelson County, KY HUD Metro FMR Area spans one county or city in Kentucky which is listed in the table below. Estimated population of Nelson County, KY HUD Metro FMR Area FMR area is 43,437 people based on latest Census data.

Compared to the rest of Kentucky, the Nelson County FMR area is more expensive than 77% 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 Nelson County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Nelson 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 $ 444
1-BR 1-Bedroom $ 511
2-BR 2-Bedroom $ 645
3-BR 3-Bedroom $ 950
4-BR 4-Bedroom $ 968
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

There is just one county (listed below) within the Nelson County, KY 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
Nelson County, KY Metro 43,437
Zip Codes in Nelson County, KY HUD Metro FMR Area

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

40004, 40008, 40020, 40048 and 40107

Lookup Fair Market Rent by Zip Code

What's Next?

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