Rent in Neon, KY
A 2-bedroom in Neon, KY (ZIP 41840) typically rents for about $909 a month, with a range of $909. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Letcher County. Owner-occupied homes in Letcher County pay about 0.96% 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 | $650 | $650 | 1 |
| 1 bed | $751 | $751 | 1 |
| 2 beds | $909 | $909 | 1 |
| 3 beds | $1,094 | $1,094 | 1 |
| 4 beds | $1,328 | $1,328 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Neon ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Neon, KY?
- About $909 a month: the median of the typical rents in 1 ZIP code, which range from $909. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Neon, KY?
- About $751 a month: the median of the typical rents in 1 ZIP code, which range from $751. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Neon, KY?
- About $1,094 a month: the median of the typical rents in 1 ZIP code, which range from $1,094. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Neon, KY?
- About $650 a month: the median of the typical rents in 1 ZIP code, which range from $650. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Neon, KY?
- About $1,328 a month: the median of the typical rents in 1 ZIP code, which range from $1,328. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Neon, KY?
- Owner-occupied homes in Letcher County pay a typical 0.96% 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 Neon rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).