Home/KY/Bourbon County
Bourbon County, KY
CountySAFMR
Found 10 ZIPs
BRFMR
Eff. Rent
0 BR$720 – $960$720 – $820
1 BR$890 – $1,180$840 – $890
2 BR$1,050 – $1,390$1,000 – $1,310
3 BR$1,430 – $1,900$1,040 – $1,800
4 BR$1,610 – $2,120$1,100 – $1,610
5 BR$1,851
6 BR$2,129
7 BR$2,449
8 BR$2,816

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.67ratio
FMR$720
Market$1,070
vs market-$350

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.83ratio
FMR$960
Market$1,150
vs market-$190

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 2 ZIPs
0.88–0.89ratio range
Median FMR$815
Median Market$920
vs market-$105

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
Studio· 1 ZIP
0.98ratio
FMR$900
Market$920
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.67–0.98
1 BR
1 BR· 1 ZIP
0.83ratio
FMR$890
Market$1,070
vs market-$180

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 2 ZIPs
0.97ratio range
Median FMR$1,105
Median Market$1,140
vs market-$35

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
1 BR· 1 ZIP
1.01ratio
FMR$1,180
Market$1,170
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
1.06ratio
FMR$890
Market$840
vs market+$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.83–1.06
2 BR
2 BR· 1 ZIP
0.78ratio
FMR$1,310
Market$1,670
vs market-$360

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.88ratio
FMR$1,050
Market$1,200
vs market-$150

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.93ratio
FMR$1,390
Market$1,500
vs market-$110

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.02ratio
FMR$1,050
Market$1,030
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 2 ZIPs
1.05ratio range
Median FMR$1,175
Median Market$1,120
vs market+$55

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
0.78–1.05
3 BR
3 BR· 2 ZIPs
0.95–0.96ratio range
Median FMR$1,850
Median Market$1,940
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
3 BR· 1 ZIP
1.06ratio
FMR$1,780
Market$1,680
vs market+$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.08ratio
FMR$1,430
Market$1,320
vs market+$110

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 2 ZIPs
1.36–1.38ratio range
Median FMR$1,430
Median Market$1,045
vs market+$385

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.95–1.38
4 BR
4 BR· 1 ZIP
0.84ratio
FMR$2,000
Market$2,380
vs market-$380

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
4 BR· 1 ZIP
0.90ratio
FMR$2,120
Market$2,360
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
4 BR· 1 ZIP
0.92ratio
FMR$1,980
Market$2,150
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.09ratio
FMR$1,610
Market$1,480
vs market+$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.46ratio
FMR$1,610
Market$1,100
vs market+$510

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.84–1.46
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Bourbon County, KY (KY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.