Martin County, KY

2025 Fair Market Rents

Tags: 2025 Kentucky

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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 Martin County are Inez, Belfry, Lovely, and Tomahawk. 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 Martin County use?

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

Martin County ($867) has a 10.5% lower FMR for 2-Bedroom housing than the average of Kentucky ($969) and therefore has a lower gross rent.

Martin County is rank 62nd out of 120 counties. This means the FMRs, or in other words, the gross rent is lower than 61 other counties. Martin County is the 59th cheapest county in terms of FMRs.

Rent Tables Martin County, KY

Fair Market Rent (40th Percentile)

$624
studio
$677
1-Bedroom
$867
2-Bedroom
$1,085
3-Bedroom
$1,194
4-Bedroom

Median Rent (50th Percentile)

$667
studio
$724
1-Bedroom
$927
2-Bedroom
$1,160
3-Bedroom
$1,277
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
41262 $640 $690 $890 $1,120 $1,260
41203 $630 $680 $870 $1,090 $1,200
41214 $650 $710 $910 $1,140 $1,250
41224 $650 $710 $910 $1,140 $1,250
41231 $710 $760 $960 $1,190 $1,450
41250 $700 $760 $970 $1,190 $1,380
41262 $640 $690 $890 $1,120 $1,260
41267 $630 $680 $870 $1,090 $1,200
41514 $750 $820 $1,040 $1,250 $1,510
41514 $750 $820 $1,040 $1,250 $1,510
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
41262 $576 $621 $801 $1,008 $1,134
41203 $567 $612 $783 $981 $1,080
41214 $585 $639 $819 $1,026 $1,125
41224 $585 $639 $819 $1,026 $1,125
41231 $639 $684 $864 $1,071 $1,305
41250 $630 $684 $873 $1,071 $1,242
41262 $576 $621 $801 $1,008 $1,134
41267 $567 $612 $783 $981 $1,080
41514 $675 $738 $936 $1,125 $1,359
41514 $675 $738 $936 $1,125 $1,359
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
41262 $704 $759 $979 $1,232 $1,386
41203 $693 $748 $957 $1,199 $1,320
41214 $715 $781 $1,001 $1,254 $1,375
41224 $715 $781 $1,001 $1,254 $1,375
41231 $781 $836 $1,056 $1,309 $1,595
41250 $770 $836 $1,067 $1,309 $1,518
41262 $704 $759 $979 $1,232 $1,386
41267 $693 $748 $957 $1,199 $1,320
41514 $825 $902 $1,144 $1,375 $1,661
41514 $825 $902 $1,144 $1,375 $1,661

Fair Market Rents on this page apply to the following cities in Martin County, Kentucky: Inez, Belfry, Lovely, Tomahawk, Warfield, Pilgrim, Beauty, and Debord.

These Fair Market Rents also apply to the following ZIP codes in Martin County, Kentucky: 41224, 41514, 41231, 41262, 41267, 41250, 41203, and 41214.

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Data Source

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