40217
ZIPSAFMR
Jefferson County, KY
BRFMR
Eff. Rent
0 BR$1,030$880
1 BR$1,120$1,160
2 BR$1,360$1,450
3 BR$1,740$1,790
4 BR$2,020$2,030
5 BR$2,323
6 BR$2,671
7 BR$3,072
8 BR$3,533

Purchase Price Calculator

Maximum purchase price
$153,553

Cost breakdown

+Likely effective rent$1,450
HUD FMR$1,360
Market rent$1,500
Est. payment standard (107%)Used$1,450
Estimated payment standard is $1,450 (107% of FMR).
-Principal and interest-$776
Loan amount$122,842
Down payment$30,711
Rate6.50%
Term30 years
-Operating costs-$474
Property taxes-$154
Insurance-$175
Utilities$0
HOA$0
Management-$145
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,408(76.2% ROI)
Projected value
$165,360
Current value$153,553
Return breakdown
Property appreciation+$11,807
Loan principal paid down+$4,401
Rental cash flow+$7,200
5-year hold
+$40,027(130.3% ROI)
Projected value
$173,731
Current value$153,553
Return breakdown
Property appreciation+$20,178
Loan principal paid down+$7,848
Rental cash flow+$12,000
10-year hold
+$85,709(279.1% ROI)
Projected value
$196,561
Current value$153,553
Return breakdown
Property appreciation+$43,008
Loan principal paid down+$18,701
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.17ratio
FMR$1,030
Market$880
vs market+$150

FMR is above market; underwrite to market rent.

90% standard$927 / 1.05 ratio110% standard$1,133 / 1.29 ratio
1.17
1 BR
1 BR
0.95ratio
FMR$1,120
Market$1,180
vs market-$60

FMR is near market; voucher and private rents are aligned.

90% standard$1,008 / 0.85 ratio110% standard$1,232 / 1.04 ratio
0.95
2 BR
2 BR
0.91ratio
FMR$1,360
Market$1,500
vs market-$140

FMR is near market; voucher and private rents are aligned.

90% standard$1,224 / 0.82 ratio110% standard$1,496 / 1.00 ratio
0.91
3 BR
3 BR
0.96ratio
FMR$1,740
Market$1,820
vs market-$80

FMR is near market; voucher and private rents are aligned.

90% standard$1,566 / 0.86 ratio110% standard$1,914 / 1.05 ratio
0.96
4 BR
4 BR
1.00ratio
FMR$2,020
Market$2,030
vs market-$10

FMR is near market; voucher and private rents are aligned.

90% standard$1,818 / 0.90 ratio110% standard$2,222 / 1.09 ratio
1.00
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40217 (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.

40217 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 40217 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,360 and the 4 bedroom fair market rent is $2,020.

Use this page for searches like 40217 FMR, 40217 fair market rent, and 40217 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 40217
Bedroom sizeHUD FMR
Studio$1,030
1 bedroom$1,120
2 bedroom$1,360
3 bedroom$1,740
4 bedroom$2,020