Rent in Falmouth, KY
A 2-bedroom in Falmouth, KY (ZIP 41040) typically rents for about $960 a month, with a range of $739–$1,180. Owner-occupied homes in Pendleton County pay about 0.80% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $860 | $860–$1,052 | 1 |
| 1 bed | $920 | $920–$1,128 | 1 |
| 2 beds | $960 | $739–$1,180 | 1 |
| 3 beds | $1,311 | $1,072–$1,550 | 1 |
| 4 beds | $1,370 | $990–$1,750 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Falmouth ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Falmouth, KY?
- About $960 a month: the median of the typical rents in 1 ZIP code, which range from $739–$1,180. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Falmouth, KY?
- About $920 a month: the median of the typical rents in 1 ZIP code, which range from $920–$1,128. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Falmouth, KY?
- About $1,311 a month: the median of the typical rents in 1 ZIP code, which range from $1,072–$1,550. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Falmouth, KY?
- About $860 a month: the median of the typical rents in 1 ZIP code, which range from $860–$1,052. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Falmouth, KY?
- About $1,370 a month: the median of the typical rents in 1 ZIP code, which range from $990–$1,750. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Falmouth, KY?
- Owner-occupied homes in Pendleton County pay a typical 0.80% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Falmouth rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).