Skip to main content
Loading page

Manitou, KY

CitySAFMR
Hopkins County
Found 1 ZIP

City Median Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$720$720
1 BR$750$750
2 BR$980$980
3 BR$1,290$1,290
4 BR$1,440$1,440
5 BR$1,656Not available
6 BR$1,904Not available
7 BR$2,190Not available
8 BR$2,519Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMRUsed$980
Market rentN/A
Est. payment standardN/A
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

Manitou, KY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Manitou, KY is $980 a month. That is unchanged from FY 2026. Manitou is in the Hopkins County, KY non-metropolitan 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 county-wide two-bedroom FMR of $959. The median county two-bedroom FMR in Kentucky is $925, so Manitou is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Manitou, KY
BedroomsFY 2027Change90–110% range
Studio$720+2.9%$648–$792
1BR$750+1.4%$675–$825
2BR$9800.0%$882–$1,078
3BR$1,290+4.0%$1,161–$1,419
4BR$1,440+2.9%$1,296–$1,584

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Manitou, KY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$720$750$980$1,290$1,440
FY 2026$700$740$980$1,240$1,400
FY 2025$770$820$1,080$1,370$1,530
FY 2024area FMR$628$695$913$1,176$1,319
FY 2023area FMR$551$622$819$1,072$1,183

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Manitou, KY rents

How much will Section 8 pay for a two-bedroom in Manitou, KY?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $959, which applies unless the housing authority uses Small Area FMRs, that basic range is $863 to $1,055 a month; under the ZIP-level Small Area FMR of $980 it would be $882 to $1,078. 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 Manitou, KY in?

Manitou, KY is in the Hopkins County, KY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $959.

How much did fair market rent change in Manitou, KY for FY 2027?

The two-bedroom FMR was unchanged at $980 in FY 2027. Since FY 2025 it has fallen 9.3%.

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