Boone County, KY

2025 Fair Market Rents

Tags: 2025 Cincinnati, OH-KY-IN HUD Metro FMR Area

Return to the state page to see where Kentucky ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Boone County are Florence, Erlanger, Independence, and Burlington. 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 Boone County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Boone 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 Boone County compare?

Boone County ($1,287) has a 32.8% higher FMR for 2-Bedroom housing than the average of Kentucky ($969) and therefore a higher gross rent.

Boone County is rank 6th out of 120 counties. This means the FMRs, or in other words, the gross rent is higher than 114 other counties. Boone County is the 6th most expensive county in terms of FMRs.

Rent Tables Boone County, KY

Fair Market Rent (40th Percentile)

$883
studio
$993
1-Bedroom
$1,287
2-Bedroom
$1,707
3-Bedroom
$1,885
4-Bedroom

Median Rent (50th Percentile)

$957
studio
$1,075
1-Bedroom
$1,394
2-Bedroom
$1,848
3-Bedroom
$2,042
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
41005 $1,080 $1,220 $1,580 $2,100 $2,310
41018 $890 $1,000 $1,300 $1,720 $1,900
41022 $1,010 $1,130 $1,470 $1,950 $2,150
41025 $1,010 $1,130 $1,470 $1,950 $2,150
41030 $830 $920 $1,200 $1,460 $1,740
41042 $980 $1,100 $1,430 $1,900 $2,090
41048 $1,150 $1,290 $1,670 $2,210 $2,450
41051 $1,030 $1,160 $1,500 $1,990 $2,200
41080 $1,090 $1,230 $1,600 $2,120 $2,340
41091 $1,320 $1,490 $1,930 $2,560 $2,830
41092 $830 $930 $1,210 $1,600 $1,770
41094 $960 $1,080 $1,400 $1,860 $2,050
41030 $830 $920 $1,200 $1,460 $1,740
41092 $830 $930 $1,210 $1,600 $1,770
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
41005 $972 $1,098 $1,422 $1,890 $2,079
41018 $801 $900 $1,170 $1,548 $1,710
41022 $909 $1,017 $1,323 $1,755 $1,935
41025 $909 $1,017 $1,323 $1,755 $1,935
41030 $747 $828 $1,080 $1,314 $1,566
41042 $882 $990 $1,287 $1,710 $1,881
41048 $1,035 $1,161 $1,503 $1,989 $2,205
41051 $927 $1,044 $1,350 $1,791 $1,980
41080 $981 $1,107 $1,440 $1,908 $2,106
41091 $1,188 $1,341 $1,737 $2,304 $2,547
41092 $747 $837 $1,089 $1,440 $1,593
41094 $864 $972 $1,260 $1,674 $1,845
41030 $747 $828 $1,080 $1,314 $1,566
41092 $747 $837 $1,089 $1,440 $1,593
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
41005 $1,188 $1,342 $1,738 $2,310 $2,541
41018 $979 $1,100 $1,430 $1,892 $2,090
41022 $1,111 $1,243 $1,617 $2,145 $2,365
41025 $1,111 $1,243 $1,617 $2,145 $2,365
41030 $913 $1,012 $1,320 $1,606 $1,914
41042 $1,078 $1,210 $1,573 $2,090 $2,299
41048 $1,265 $1,419 $1,837 $2,431 $2,695
41051 $1,133 $1,276 $1,650 $2,189 $2,420
41080 $1,199 $1,353 $1,760 $2,332 $2,574
41091 $1,452 $1,639 $2,123 $2,816 $3,113
41092 $913 $1,023 $1,331 $1,760 $1,947
41094 $1,056 $1,188 $1,540 $2,046 $2,255
41030 $913 $1,012 $1,320 $1,606 $1,914
41092 $913 $1,023 $1,331 $1,760 $1,947

Fair Market Rents on this page apply to the following cities in Boone County, Kentucky: Florence, Erlanger, Independence, Burlington, Union, Hebron, Walton, Crittenden, Verona, Petersburg, Cincinnati, and .

These Fair Market Rents also apply to the following ZIP codes in Boone County, Kentucky: 41042, 41018, 41051, 41005, 41091, 41048, 41094, 41030, 41092, 41080, 41022, 45275, and 41025.

Boone County, KY is considered part of the following metro FMR area: CINCINNATI, OH-KY-IN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Bracken County, KY, Campbell County, KY, Gallatin County, KY, Kenton County, KY, and Pendleton County, KY.

More on Boone County, KY

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