Franklin County, KY fair market rent
Franklin County, KY · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,031–$1,260 · +5.7% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $797 | $747 | +6.7% |
| 1 bedroom | $909 | $859 | +5.8% |
| 2 bedrooms | $1,145 | $1,083 | +5.7% |
| 3 bedrooms | $1,466 | $1,410 | +4.0% |
| 4 bedrooms | $1,811 | $1,680 | +7.8% |
All Kentucky areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$768
- FY18$736
- FY19$757
- FY20$749
- FY21$783
- FY22$793
- FY23$909
- FY24$1,042
- FY25$1,064
- FY26$1,083
- FY27$1,145
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
8 ZIPs in Franklin County, KY- ZIP 40003Studio $940 · 1BR $1,020 · 3BR $1,500 · 4BR $1,840
- ZIP 40076Studio $840 · 1BR $1,000 · 3BR $1,410 · 4BR $1,700
- ZIP 40347Studio $900 · 1BR $1,080 · 3BR $1,750 · 4BR $1,930
- ZIP 40379Studio $890 · 1BR $1,090 · 3BR $1,760 · 4BR $1,910
- ZIP 40601Studio $820 · 1BR $940 · 3BR $1,510 · 4BR $1,870
- ZIP 40602Studio $800 · 1BR $910 · 3BR $1,470 · 4BR $1,820
- ZIP 40604Studio $800 · 1BR $910 · 3BR $1,470 · 4BR $1,820
- ZIP 40621Studio $800 · 1BR $910 · 3BR $1,470 · 4BR $1,820