FMR is near market; voucher and private rents are aligned.
0.95
1 BR
1 BR- 41139
0.91ratio
FMR$890
Market$980
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 41139
0.96ratio
FMR$1,040
Market$1,080
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 41139
1.20ratio
FMR$1,330
Market$1,110
vs market+$220
FMR is above market; underwrite to market rent.
1.20
4 BR
4 BR- 41139
1.25ratio
FMR$1,440
Market$1,150
vs market+$290
FMR is above market; underwrite to market rent.
1.25
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
--
Flatwoods, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Flatwoods, KY is $1,040 a month. That is up 2.0% from $1,020 in FY 2026. Flatwoods is in the Huntington-Ashland, WV-KY-OH 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 $1,006. The median county two-bedroom FMR in Kentucky is $925, so Flatwoods is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Flatwoods, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$890
0.0%
$801–$979
1BR
$890
$890
0.0%
$801–$979
2BR
$1,020
$1,040
+2.0%
$936–$1,144
3BR
$1,310
$1,330
+1.5%
$1,197–$1,463
4BR
$1,480
$1,440
−2.7%
$1,296–$1,584
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Flatwoods, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$890
$890
$1,040
$1,330
$1,440
FY 2026
$890
$890
$1,020
$1,310
$1,480
FY 2025
$910
$920
$1,050
$1,360
$1,580
FY 2024
$870
$890
$1,030
$1,360
$1,570
FY 2023
$710
$770
$910
$1,210
$1,370
Questions about Flatwoods, KY rents
How much will Section 8 pay for a two-bedroom in Flatwoods, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $905 to $1,107 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 Flatwoods, KY in?
Flatwoods, KY is in the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,006.
How much did fair market rent change in Flatwoods, KY for FY 2027?
The two-bedroom FMR rose 2.0%, from $1,020 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 14.3%.
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