FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 40004
0.81ratio
FMR$800
Market$990
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 40004
0.73ratio
FMR$1,040
Market$1,430
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 40004
0.81ratio
FMR$1,330
Market$1,640
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 40004
0.92ratio
FMR$1,610
Market$1,750
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.92
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Bardstown, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bardstown, KY is $1,040 a month. That is up 1.0% from $1,030 in FY 2026. Bardstown is in the Nelson County, KY HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,022. The median county two-bedroom FMR in Kentucky is $925, so Bardstown is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bardstown, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$780
$790
+1.3%
$711–$869
1BR
$790
$800
+1.3%
$720–$880
2BR
$1,030
$1,040
+1.0%
$936–$1,144
3BR
$1,380
$1,330
−3.6%
$1,197–$1,463
4BR
$1,730
$1,610
−6.9%
$1,449–$1,771
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bardstown, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$790
$800
$1,040
$1,330
$1,610
FY 2026
$780
$790
$1,030
$1,380
$1,730
FY 2025
$660
$700
$920
$1,270
$1,540
FY 2024area FMR
$605
$680
$893
$1,258
$1,515
FY 2023area FMR
$572
$599
$789
$1,119
$1,257
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Bardstown, KY rents
How much will Section 8 pay for a two-bedroom in Bardstown, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,022, which applies unless the housing authority uses Small Area FMRs, that basic range is $920 to $1,124 a month; under the ZIP-level Small Area FMR of $1,040 it would be $936 to $1,144. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Bardstown, KY in?
Bardstown, KY is in the Nelson County, KY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,022.
How much did fair market rent change in Bardstown, KY for FY 2027?
The two-bedroom FMR rose 1.0%, from $1,030 in FY 2026 to $1,040 in FY 2027. Since FY 2025 it has risen 13.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set