FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 41074
0.87ratio
FMR$1,430
Market$1,640
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 41074
0.98ratio
FMR$1,880
Market$1,910
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
4 BR
4 BR- 41074
1.11ratio
FMR$2,120
Market$1,910
vs market+$210
FMR is above market; underwrite to market rent.
1.11
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
--
Dayton, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Dayton, KY is $1,430 a month. That is up 10.9% from $1,290 in FY 2026. Dayton 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 Dayton is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Dayton, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$910
$1,040
+14.3%
$936–$1,144
1BR
$1,000
$1,120
+12.0%
$1,008–$1,232
2BR
$1,290
$1,430
+10.9%
$1,287–$1,573
3BR
$1,700
$1,880
+10.6%
$1,692–$2,068
4BR
$1,880
$2,120
+12.8%
$1,908–$2,332
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Dayton, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,120
$1,430
$1,880
$2,120
FY 2026
$910
$1,000
$1,290
$1,700
$1,880
FY 2025
$820
$920
$1,190
$1,580
$1,740
FY 2024
$770
$870
$1,130
$1,500
$1,670
FY 2023
$720
$830
$1,080
$1,450
$1,630
Questions about Dayton, KY rents
How much will Section 8 pay for a two-bedroom in Dayton, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,430, that basic range is $1,287 to $1,573 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 Dayton, KY in?
Dayton, 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 Dayton, KY for FY 2027?
The two-bedroom FMR rose 10.9%, from $1,290 in FY 2026 to $1,430 in FY 2027. Since FY 2023 it has risen 32.4%.
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