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

Fair Market Rent Prices in Powell County, KY :
$566 $637 $781 $1,027 $1,049
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 Powell County are very low compared to the national average. This FMR area is less expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Powell County is $781 per month.

The previous year, rent for a two-bedroom home was $714 per month. This is a 9.38% increase year-over-year.

This FMR rate applies to Slade, KY, Pine Ridge, KY and other cities within the region. The Metro Code or CBSA code for this region is NCNTY21197N21197.

Additionally, This Fair Market Rent (FMR) area Powell County, KY spans one county or city in Kentucky which is listed in the table below. Estimated population of Powell County, KY FMR area is 12,283 people based on latest Census data.

Compared to the rest of Kentucky, the Powell County FMR area is more expensive than 57% 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 Powell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Powell 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 $ 590
1-BR 1-Bedroom $ 663
2-BR 2-Bedroom $ 813
3-BR 3-Bedroom $ 1069
4-BR 4-Bedroom $ 1092
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 Powell County, KY FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lexington.

County / Region Est. Population
Powell County, KY 12,283
Zip Codes in Powell County, KY

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

40376 and 41360

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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