Madison County, KY fair market rent
Madison County, KY · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $894–$1,092 · +9.8% 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 | $691 | $666 | +3.8% |
| 1 bedroom | $859 | $785 | +9.4% |
| 2 bedrooms | $993 | $904 | +9.8% |
| 3 bedrooms | $1,375 | $1,257 | +9.4% |
| 4 bedrooms | $1,600 | $1,416 | +13.0% |
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$686
- FY18$698
- FY19$691
- FY20$705
- FY21$730
- FY22$732
- FY23$783
- FY24$914
- FY25$944
- FY26$904
- FY27$993
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 Madison County, KY- ZIP 40385Studio $690 · 1BR $860 · 3BR $1,320 · 4BR $1,540
- ZIP 40403Studio $660 · 1BR $820 · 3BR $1,300 · 4BR $1,500
- ZIP 40404Studio $660 · 1BR $820 · 3BR $1,300 · 4BR $1,500
- ZIP 40405Studio $690 · 1BR $860 · 3BR $1,370 · 4BR $1,600
- ZIP 40456Studio $650 · 1BR $810 · 3BR $1,170 · 4BR $1,280
- ZIP 40461Studio $650 · 1BR $820 · 3BR $1,240 · 4BR $1,340
- ZIP 40475Studio $720 · 1BR $890 · 3BR $1,430 · 4BR $1,660
- ZIP 40476Studio $690 · 1BR $860 · 3BR $1,370 · 4BR $1,600