FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 41075
0.86ratio
FMR$1,450
Market$1,680
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 41075
0.91ratio
FMR$1,910
Market$2,110
vs market-$200
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 41075
0.93ratio
FMR$2,150
Market$2,310
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.93
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
--
Fort Thomas, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fort Thomas, KY is $1,450 a month. That is up 5.8% from $1,370 in FY 2026. Fort Thomas 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 Fort Thomas is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fort Thomas, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,060
+9.3%
$954–$1,166
1BR
$1,060
$1,130
+6.6%
$1,017–$1,243
2BR
$1,370
$1,450
+5.8%
$1,305–$1,595
3BR
$1,810
$1,910
+5.5%
$1,719–$2,101
4BR
$2,000
$2,150
+7.5%
$1,935–$2,365
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fort Thomas, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,060
$1,130
$1,450
$1,910
$2,150
FY 2026
$970
$1,060
$1,370
$1,810
$2,000
FY 2025
$890
$1,000
$1,290
$1,710
$1,890
FY 2024
$820
$930
$1,210
$1,610
$1,790
FY 2023
$740
$850
$1,110
$1,490
$1,670
Questions about Fort Thomas, KY rents
How much will Section 8 pay for a two-bedroom in Fort Thomas, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,450, that basic range is $1,305 to $1,595 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 Fort Thomas, KY in?
Fort Thomas, 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 Fort Thomas, KY for FY 2027?
The two-bedroom FMR rose 5.8%, from $1,370 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 30.6%.
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