FMR is below market; voucher rent may lag private rents.
0.70
1 BR
1 BR- 41005
0.79ratio
FMR$1,440
Market$1,820
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 41005
0.95ratio
FMR$1,840
Market$1,940
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 41005
1.18ratio
FMR$2,420
Market$2,050
vs market+$370
FMR is above market; underwrite to market rent.
1.18
4 BR
4 BR- 41005
1.10ratio
FMR$2,730
Market$2,480
vs market+$250
FMR is above market; underwrite to market rent.
1.10
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
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Burlington, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Burlington, KY is $1,840 a month. That is up 8.9% from $1,690 in FY 2026. Burlington is in the Cincinnati, OH-KY-IN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Kentucky is $925, so Burlington is 99% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Burlington, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,200
$1,340
+11.7%
$1,206–$1,474
1BR
$1,310
$1,440
+9.9%
$1,296–$1,584
2BR
$1,690
$1,840
+8.9%
$1,656–$2,024
3BR
$2,230
$2,420
+8.5%
$2,178–$2,662
4BR
$2,470
$2,730
+10.5%
$2,457–$3,003
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Burlington, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,340
$1,440
$1,840
$2,420
$2,730
FY 2026
$1,200
$1,310
$1,690
$2,230
$2,470
FY 2025
$1,080
$1,220
$1,580
$2,100
$2,310
FY 2024
$970
$1,100
$1,430
$1,900
$2,110
FY 2023
$880
$1,010
$1,310
$1,750
$1,970
Questions about Burlington, KY rents
How much will Section 8 pay for a two-bedroom in Burlington, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,840, that basic range is $1,656 to $2,024 a month. 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 Burlington, KY in?
Burlington, KY is in the Cincinnati, OH-KY-IN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Burlington, KY for FY 2027?
The two-bedroom FMR rose 8.9%, from $1,690 in FY 2026 to $1,840 in FY 2027. Since FY 2023 it has risen 40.5%.
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