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RentData.org Logo Owensboro Fair Market Rent FY 2016 Owensboro, KY MSA Rental Data

Fair Market Rent Prices in Owensboro, KY :
$492 $495 $663 $832 $975
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 Owensboro are low compared to the national average. This FMR area is less expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Owensboro is $663 per month.

The previous year, rent for a two-bedroom home was $672 per month. This is a 1.34% decrease year-over-year.

This FMR rate applies to Maple Mount, KY, West Louisville, KY, Maceo, KY, Whitesville, KY, Calhoun, KY, Lewisport, KY, Hawesville, KY, Utica, KY, Philpot, KY, Henderson, KY and other cities within the region. The Metro Code or CBSA code for this region is METRO36980M36980.

Additionally, This Fair Market Rent (FMR) area Owensboro, KY MSA spans one county or city in Kentucky which is listed in the table below. Estimated population of Owensboro, KY MSA FMR area is 96,656 people based on latest Census data.

Compared to the rest of Kentucky, the Owensboro FMR area is more expensive than 61% of the state.

Kentucky Rents Map

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

Median Rent Prices in Owensboro

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 $ 519
1-BR 1-Bedroom $ 522
2-BR 2-Bedroom $ 699
3-BR 3-Bedroom $ 878
4-BR 4-Bedroom $ 1028
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 Owensboro, KY MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Evansville.

County / Region Est. Population
Owensboro, KY Metro 96,656
Zip Codes in Owensboro, KY MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

42301, 42302, 42303, 42304, 42327, 42348, 42351, 42355, 42356, 42366, 42376, 42377, 42378 and 42420

Lookup Fair Market Rent by Zip Code

What's Next?

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