40242
ZIPSAFMR
Jefferson County, KY
BRFMR
Eff. Rent
0 BR$1,120$1,080
1 BR$1,210$1,210
2 BR$1,470$1,470
3 BR$1,880$1,880
4 BR$2,180$2,180
5 BR$2,507
6 BR$2,883
7 BR$3,316
8 BR$3,813

Market Alignment

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

Studio
Studio
1.04ratio
FMR$1,120
Market$1,080
vs market+$40

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

1.04
1 BR
1 BR
0.89ratio
FMR$1,210
Market$1,360
vs market-$150

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

0.89
2 BR
2 BR
0.91ratio
FMR$1,470
Market$1,610
vs market-$140

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

0.91
3 BR
3 BR
0.90ratio
FMR$1,880
Market$2,100
vs market-$220

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

0.90
4 BR
4 BR
0.88ratio
FMR$2,180
Market$2,480
vs market-$300

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

0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$156,525
Rent
$1,470
Down payment
$31,305
Loan
$125,220
Mortgage
$791
Expenses
$479
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40242 (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.