FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR- 41017
0.75ratio
FMR$1,030
Market$1,380
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR- 41017
0.77ratio
FMR$1,320
Market$1,720
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 41017
0.83ratio
FMR$1,740
Market$2,090
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 41017
0.91ratio
FMR$1,960
Market$2,150
vs market-$190
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Ft Mitchell, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ft Mitchell, KY is $1,320 a month. That is up 6.5% from $1,240 in FY 2026. Ft Mitchell 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 Ft Mitchell is 43% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ft Mitchell, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$880
$960
+9.1%
$864–$1,056
1BR
$960
$1,030
+7.3%
$927–$1,133
2BR
$1,240
$1,320
+6.5%
$1,188–$1,452
3BR
$1,640
$1,740
+6.1%
$1,566–$1,914
4BR
$1,810
$1,960
+8.3%
$1,764–$2,156
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ft Mitchell, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$1,030
$1,320
$1,740
$1,960
FY 2026
$880
$960
$1,240
$1,640
$1,810
FY 2025
$820
$920
$1,190
$1,580
$1,740
FY 2024
$750
$850
$1,100
$1,460
$1,630
FY 2023
$690
$790
$1,030
$1,380
$1,550
Questions about Ft Mitchell, KY rents
How much will Section 8 pay for a two-bedroom in Ft Mitchell, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,320, that basic range is $1,188 to $1,452 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 Ft Mitchell, KY in?
Ft Mitchell, 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 Ft Mitchell, KY for FY 2027?
The two-bedroom FMR rose 6.5%, from $1,240 in FY 2026 to $1,320 in FY 2027. Since FY 2023 it has risen 28.2%.
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