FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 41091
0.80ratio
FMR$1,690
Market$2,100
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 41091
0.98ratio
FMR$2,160
Market$2,210
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 41091
1.22ratio
FMR$2,840
Market$2,320
vs market+$520
FMR is above market; underwrite to market rent.
1.22
4 BR
4 BR- 41091
1.18ratio
FMR$3,210
Market$2,710
vs market+$500
FMR is above market; underwrite to market rent.
1.18
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
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Union, KY fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Union, KY is $2,160 a month. That is up 6.4% from $2,030 in FY 2026. Union 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 Union is 134% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Union, KY
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,440
$1,580
+9.7%
$1,422–$1,738
1BR
$1,580
$1,690
+7.0%
$1,521–$1,859
2BR
$2,030
$2,160
+6.4%
$1,944–$2,376
3BR
$2,680
$2,840
+6.0%
$2,556–$3,124
4BR
$2,960
$3,210
+8.4%
$2,889–$3,531
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Union, KY
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,690
$2,160
$2,840
$3,210
FY 2026
$1,440
$1,580
$2,030
$2,680
$2,960
FY 2025
$1,320
$1,490
$1,930
$2,560
$2,830
FY 2024
$1,210
$1,380
$1,790
$2,380
$2,650
FY 2023
$1,100
$1,260
$1,640
$2,200
$2,470
Questions about Union, KY rents
How much will Section 8 pay for a two-bedroom in Union, KY?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,160, that basic range is $1,944 to $2,376 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 Union, KY in?
Union, 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 Union, KY for FY 2027?
The two-bedroom FMR rose 6.4%, from $2,030 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 31.7%.
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