FMRFinder

Kentucky fair market rent by county

Kentucky · FY2027 · 120 listed places · 101 HUD FMR areas

$925median 2BR

From $909 in Wolfe County to $1,442 in Boone County

FY2026 → FY2027: median +5.0% · 113 up, 7 down · largest Trimble County +17.4% · all states

Unweighted median of the listed county, county-equivalent and town 2-bedroom FMRs; places sharing a HUD FMR area have the same value. This is not a statewide estimate of rents paid. U.S. county median $1,056. Effective October 1, 2026.

Income needed to afford it

At HUD's affordability benchmark — rent and utilities at no more than 30% of income — a 2-bedroom at the Fair Market Rent takes about $57,680 a year in Boone County and $36,360 in Wolfe County.

UnitMedian FMRIncome neededPer hour
Studio$691$27,640$13.29
1 bedroom$796$31,840$15.31
2 bedrooms$925$37,000$17.79
3 bedrooms$1,259$50,360$24.21
4 bedrooms$1,369$54,760$26.33

Income needed = monthly FMR × 12 ÷ 0.30. Per hour = that ÷ 2,080 hours (one full-time job). Medians are across the listed Kentucky places, like the figure above. The FMR is HUD's 40th-percentile gross rent estimate, not the price of any listing.

Highest 2-bedroom first