FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 40162
0.80ratio
FMR$940
Market$1,180
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 40162
0.99ratio
FMR$1,200
Market$1,210
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 40162
0.91ratio
FMR$1,650
Market$1,820
vs market-$170
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 40162
0.98ratio
FMR$1,960
Market$2,000
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Rineyville, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rineyville, KY is $1,200 a month. That is up 2.6% from $1,170 in FY 2026. Rineyville is in the Elizabethtown, 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 $1,087. The median county two-bedroom FMR in Kentucky is $925, so Rineyville is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Rineyville, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$940
+2.2%
$846–$1,034
1BR
$930
$940
+1.1%
$846–$1,034
2BR
$1,170
$1,200
+2.6%
$1,080–$1,320
3BR
$1,630
$1,650
+1.2%
$1,485–$1,815
4BR
$1,930
$1,960
+1.6%
$1,764–$2,156
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Rineyville, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$940
$940
$1,200
$1,650
$1,960
FY 2026
$920
$930
$1,170
$1,630
$1,930
FY 2025
$710
$720
$910
$1,250
$1,540
FY 2024
$670
$670
$850
$1,170
$1,440
FY 2023
$570
$580
$760
$1,050
$1,280
Questions about Rineyville, KY rents
How much will Section 8 pay for a two-bedroom in Rineyville, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,087, which applies unless the housing authority uses Small Area FMRs, that basic range is $978 to $1,196 a month; under the ZIP-level Small Area FMR of $1,200 it would be $1,080 to $1,320. 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 Rineyville, KY in?
Rineyville, KY is in the Elizabethtown, KY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,087.
How much did fair market rent change in Rineyville, KY for FY 2027?
The two-bedroom FMR rose 2.6%, from $1,170 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 57.9%.
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