Henderson County, KY

2024 Fair Market Rents

Tags: 2024 Evansville, IN-KY MSA

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The top four largest cities in Henderson County are Corydon, Robards, Uniontown, and Waverly. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Henderson County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Henderson County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Henderson County compare?

Henderson County ($1,070) has a 13.1% higher FMR for 2-Bedroom housing than the average of Kentucky ($946) and therefore a higher gross rent.

Henderson County is rank 26th out of 120 counties. This means the FMRs, or in other words, the gross rent is higher than 94 other counties. Henderson County is the 26th most expensive county in terms of FMRs.

Rent Tables Henderson County, KY

Fair Market Rent (40th Percentile)

$766
studio
$850
1-Bedroom
$1,070
2-Bedroom
$1,360
3-Bedroom
$1,558
4-Bedroom

Median Rent (50th Percentile)

$809
studio
$899
1-Bedroom
$1,131
2-Bedroom
$1,438
3-Bedroom
$1,647
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42402 $670 $750 $940 $1,190 $1,370
42406 $670 $740 $930 $1,180 $1,350
42419 $670 $750 $940 $1,190 $1,370
42451 $830 $880 $1,130 $1,460 $1,590
42452 $740 $830 $1,040 $1,320 $1,510
42457 $670 $750 $940 $1,190 $1,370
42458 $650 $720 $910 $1,160 $1,320
42461 $670 $750 $940 $1,190 $1,370
42462 $670 $750 $940 $1,190 $1,370
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42402 $603 $675 $846 $1,071 $1,233
42406 $603 $666 $837 $1,062 $1,215
42419 $603 $675 $846 $1,071 $1,233
42451 $747 $792 $1,017 $1,314 $1,431
42452 $666 $747 $936 $1,188 $1,359
42457 $603 $675 $846 $1,071 $1,233
42458 $585 $648 $819 $1,044 $1,188
42461 $603 $675 $846 $1,071 $1,233
42462 $603 $675 $846 $1,071 $1,233
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
42402 $737 $825 $1,034 $1,309 $1,507
42406 $737 $814 $1,023 $1,298 $1,485
42419 $737 $825 $1,034 $1,309 $1,507
42451 $913 $968 $1,243 $1,606 $1,749
42452 $814 $913 $1,144 $1,452 $1,661
42457 $737 $825 $1,034 $1,309 $1,507
42458 $715 $792 $1,001 $1,276 $1,452
42461 $737 $825 $1,034 $1,309 $1,507
42462 $737 $825 $1,034 $1,309 $1,507

Fair Market Rents on this page apply to the following cities in Henderson County, Kentucky: Corydon, Robards, Uniontown, Waverly, Spottsville, Reed, Henderson, Baskett, and Smith Mills.

These Fair Market Rents also apply to the following ZIP codes in Henderson County, Kentucky: 42406, 42452, 42461, 42462, 42458, 42451, 42419, 42402, and 42457.

Henderson County, KY is considered part of the following metro FMR area: EVANSVILLE, IN-KY MSA.

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Fair Market Rents are published by the Department of Housing And Urban Development.