RentData.org

RentData.org Logo Nicholas County Fair Market Rent FY 2025 Nicholas County, KY Rental Data

Fair Market Rent Prices in Nicholas County, KY :
$624 $661 $867 $1,175 $1,456
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 Nicholas County are very low compared to the national average. This FMR area is less expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nicholas County is $867 per month.

The previous year, rent for a two-bedroom home was $850 per month. This is a 2% increase year-over-year.

This FMR rate applies to Moorefield, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21181N21181.

Additionally, This Fair Market Rent (FMR) area Nicholas County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Nicholas County, KY FMR area is 0 people based on latest Census data.

Compared to the rest of Kentucky, the Nicholas County FMR area is more expensive than 64% of the state.

Kentucky Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Nicholas County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Nicholas 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 $ 624
1-BR 1-Bedroom $ 661
2-BR 2-Bedroom $ 867
3-BR 3-Bedroom $ 1175
4-BR 4-Bedroom $ 1456
Change Year:

There is just one county (listed below) within the Nicholas County, KY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lexington.

County / Region Est. Population
Nicholas County, KY 0
Zip Codes in Nicholas County, KY

There is 1 unique zip code in this Fair Market Rent (FMR) area:

40350

Lookup Fair Market Rent by Zip Code
Top