FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 40048
0.80ratio
FMR$780
Market$980
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 40048
0.72ratio
FMR$1,020
Market$1,420
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 40048
0.77ratio
FMR$1,300
Market$1,690
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 40048
0.90ratio
FMR$1,580
Market$1,760
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.90
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
--
Nazareth, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nazareth, KY is $1,020 a month. That is unchanged from FY 2026. Nazareth is in the Nelson County, KY 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 $1,022. The median county two-bedroom FMR in Kentucky is $925, so Nazareth is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nazareth, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$780
+1.3%
$702–$858
1BR
$780
$780
0.0%
$702–$858
2BR
$1,020
$1,020
0.0%
$918–$1,122
3BR
$1,370
$1,300
−5.1%
$1,170–$1,430
4BR
$1,710
$1,580
−7.6%
$1,422–$1,738
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nazareth, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$780
$1,020
$1,300
$1,580
FY 2026
$770
$780
$1,020
$1,370
$1,710
FY 2025
$650
$690
$910
$1,260
$1,530
FY 2024area FMR
$605
$680
$893
$1,258
$1,515
FY 2023area FMR
$572
$599
$789
$1,119
$1,257
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Nazareth, KY rents
How much will Section 8 pay for a two-bedroom in Nazareth, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,022, which applies unless the housing authority uses Small Area FMRs, that basic range is $920 to $1,124 a month; under the ZIP-level Small Area FMR of $1,020 it would be $918 to $1,122. 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 Nazareth, KY in?
Nazareth, KY is in the Nelson County, KY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,022.
How much did fair market rent change in Nazareth, KY for FY 2027?
The two-bedroom FMR was unchanged at $1,020 in FY 2027. Since FY 2025 it has risen 12.1%.
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