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RentData.org Logo Nelson County Fair Market Rent FY 2019 Nelson County, KY Rental Data

Fair Market Rent Prices in Nelson County, KY :
$500 $528 $698 $1,002 $1,006
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Non-Metro

Fair Market Rent prices in Nelson County are low compared to the national average. This FMR area is less expensive than 61% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nelson County is $698 per month.

The previous year, rent for a two-bedroom home was $701 per month. This is a 0.43% 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 NCNTY21179N21179.

Additionally, This Fair Market Rent (FMR) area Nelson County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Nelson County, KY 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 82% 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 $ 523
1-BR 1-Bedroom $ 553
2-BR 2-Bedroom $ 731
3-BR 3-Bedroom $ 1050
4-BR 4-Bedroom $ 1053
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

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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