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Ransom, KY

CitySAFMR
Pike County
Found 1 ZIP

City Median Investment Score

127Above average

095130300
BRFMR
Eff. Rent
0 BR$640$640
1 BR$700$700
2 BR$920$920
3 BR$1,100$1,100
4 BR$1,520$1,520
5 BR$1,748Not available
6 BR$2,010Not available
7 BR$2,312Not available
8 BR$2,658Not available

Purchase Price Calculator

Maximum purchase price
$74,795

Cost breakdown

+Likely effective rent$920
HUD FMRUsed$920
Market rentN/A
Est. payment standardN/A
-Principal and interest-$378
Loan amount$59,836
Down payment$14,959
Rate6.50%
Term30 years
-Operating costs-$342
Property taxes-$75
Insurance-$175
Utilities$0
HOA$0
Management-$92
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,095(100.9% ROI)
Projected value
$80,546
Return breakdown
Property appreciation+$5,751
Loan principal paid down+$2,144
Rental cash flow+$7,200
5-year hold
+$25,652(171.5% ROI)
Projected value
$84,624
Return breakdown
Property appreciation+$9,829
Loan principal paid down+$3,823
Rental cash flow+$12,000
10-year hold
+$54,058(361.4% ROI)
Projected value
$95,744
Return breakdown
Property appreciation+$20,949
Loan principal paid down+$9,109
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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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
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Tax rate
--
Mortgage rate
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Ransom, KY fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ransom, KY is $920 a month. That is up 3.4% from $890 in FY 2026. Ransom is in the Pike 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 $1,095.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Ransom, KY
BedroomsFY 2027Change90–110% range
Studio$6400.0%$576–$704
1BR$7000.0%$630–$770
2BR$920+3.4%$828–$1,012
3BR$1,100+2.8%$990–$1,210
4BR$1,520+10.1%$1,368–$1,672

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Ransom, KY
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$640$700$920$1,100$1,520
FY 2026$640$700$890$1,070$1,380
FY 2025$620$710$870$1,040$1,260
FY 2024area FMR$660$784$911$1,102$1,324
FY 2023area FMR$560$684$772$940$1,155

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

Questions about Ransom, KY rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,095, which applies unless the housing authority uses Small Area FMRs, that basic range is $986 to $1,205 a month; under the ZIP-level Small Area FMR of $920 it would be $828 to $1,012. 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 Ransom, KY in?

Ransom, KY is in the Pike County, KY non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,095.

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

The two-bedroom FMR rose 3.4%, from $890 in FY 2026 to $920 in FY 2027. Since FY 2025 it has risen 5.7%.

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