KY/Kenton County/COVINGTON
COVINGTON, KY
CitySAFMR
Kenton County
Found 4 ZIPs
BRFMR
Eff. Rent
0 BR$800 – $980$880 – $1,080
1 BR$880 – $1,080$970 – $1,190
2 BR$1,130 – $1,390$1,240 – $1,420
3 BR$1,490 – $1,830$1,640 – $1,930
4 BR$1,650 – $2,030$1,820 – $2,070
5 BR$2,087
6 BR$2,400
7 BR$2,760
8 BR$3,174

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.63ratio
FMR$910
Market$1,440
vs market-$530

FMR is below market; voucher rent may lag private rents.

1
Studio- 2 ZIPs
0.75-0.76ratio range
Median FMR$825
Median Market$1,090
vs market-$265

FMR is below market; voucher rent may lag private rents.

2
Studio- 1 ZIP
0.83ratio
FMR$980
Market$1,180
vs market-$200

FMR is below market; voucher rent may lag private rents.

1
0.63-0.83
1 BR
1 BR- 1 ZIP
0.68ratio
FMR$1,000
Market$1,480
vs market-$480

FMR is below market; voucher rent may lag private rents.

1
1 BR- 1 ZIP
0.72ratio
FMR$930
Market$1,300
vs market-$370

FMR is below market; voucher rent may lag private rents.

1
1 BR- 1 ZIP
0.75ratio
FMR$880
Market$1,170
vs market-$290

FMR is below market; voucher rent may lag private rents.

1
1 BR- 1 ZIP
0.80ratio
FMR$1,080
Market$1,350
vs market-$270

FMR is below market; voucher rent may lag private rents.

1
0.68-0.80
2 BR
2 BR- 1 ZIP
0.67ratio
FMR$1,290
Market$1,920
vs market-$630

FMR is below market; voucher rent may lag private rents.

1
2 BR- 2 ZIPs
0.82-0.86ratio range
Median FMR$1,165
Median Market$1,385
vs market-$220

FMR is below market; voucher rent may lag private rents.

2
2 BR- 1 ZIP
0.97ratio
FMR$1,390
Market$1,430
vs market-$40

FMR is near market; voucher and private rents are aligned.

1
0.67-0.97
3 BR
3 BR- 1 ZIP
0.79ratio
FMR$1,700
Market$2,140
vs market-$440

FMR is below market; voucher rent may lag private rents.

1
3 BR- 1 ZIP
0.82ratio
FMR$1,490
Market$1,810
vs market-$320

FMR is below market; voucher rent may lag private rents.

1
3 BR- 1 ZIP
0.86ratio
FMR$1,580
Market$1,830
vs market-$250

FMR is below market; voucher rent may lag private rents.

1
3 BR- 1 ZIP
0.92ratio
FMR$1,830
Market$1,980
vs market-$150

FMR is near market; voucher and private rents are aligned.

1
0.79-0.92
4 BR
4 BR- 1 ZIP
0.80ratio
FMR$1,880
Market$2,350
vs market-$470

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.85ratio
FMR$1,650
Market$1,940
vs market-$290

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.91ratio
FMR$1,750
Market$1,930
vs market-$180

FMR is near market; voucher and private rents are aligned.

1
4 BR- 1 ZIP
1.05ratio
FMR$2,030
Market$1,940
vs market+$90

FMR is near market; voucher and private rents are aligned.

1
0.80-1.05
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for COVINGTON, KY (KY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

COVINGTON, KY fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for COVINGTON, KY shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,245 and the 4 bedroom fair market rent is $1,815.

Use this page for searches like COVINGTON, KY FMR, COVINGTON, KY fair market rent, and COVINGTON, KY Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for COVINGTON, KY
Bedroom sizeHUD FMR
Studio$880
1 bedroom$965
2 bedroom$1,245
3 bedroom$1,640
4 bedroom$1,815