40245
ZIPSAFMR
Jefferson County, KY
BRFMR
Eff. Rent
0 BR$1,380$1,390
1 BR$1,490$1,370
2 BR$1,800$1,810
3 BR$2,300$2,210
4 BR$2,680$2,670
5 BR$3,082
6 BR$3,544
7 BR$4,076
8 BR$4,687

Purchase Price Calculator

Maximum purchase price
$207,049

Cost breakdown

+Likely effective rent$1,810
HUD FMR$1,800
Market rent$1,820
Est. payment standard (101%)Used$1,810
Estimated payment standard is $1,810 (101% of FMR).
-Principal and interest-$1,047
Loan amount$165,639
Down payment$41,410
Rate6.50%
Term30 years
-Operating costs-$563
Property taxes-$207
Insurance-$175
Utilities$0
HOA$0
Management-$181
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,055(70.2% ROI)
Projected value
$222,969
Current value$207,049
Return breakdown
Property appreciation+$15,920
Loan principal paid down+$5,934
Rental cash flow+$7,200
5-year hold
+$49,791(120.2% ROI)
Projected value
$234,257
Current value$207,049
Return breakdown
Property appreciation+$27,208
Loan principal paid down+$10,583
Rental cash flow+$12,000
10-year hold
+$107,208(258.9% ROI)
Projected value
$265,040
Current value$207,049
Return breakdown
Property appreciation+$57,991
Loan principal paid down+$25,217
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
0.99ratio
FMR$1,380
Market$1,390
vs market-$10

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

90% standard$1,242 / 0.89 ratio110% standard$1,518 / 1.09 ratio
0.99
1 BR
1 BR
1.09ratio
FMR$1,490
Market$1,370
vs market+$120

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

90% standard$1,341 / 0.98 ratio110% standard$1,639 / 1.20 ratio
1.09
2 BR
2 BR
0.99ratio
FMR$1,800
Market$1,820
vs market-$20

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

90% standard$1,620 / 0.89 ratio110% standard$1,980 / 1.09 ratio
0.99
3 BR
3 BR
1.04ratio
FMR$2,300
Market$2,210
vs market+$90

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

90% standard$2,070 / 0.94 ratio110% standard$2,530 / 1.14 ratio
1.04
4 BR
4 BR
1.00ratio
FMR$2,680
Market$2,670
vs market+$10

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

90% standard$2,412 / 0.90 ratio110% standard$2,948 / 1.10 ratio
1.00
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 40245 (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.

40245 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 40245 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,800 and the 4 bedroom fair market rent is $2,680.

Use this page for searches like 40245 FMR, 40245 fair market rent, and 40245 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 40245
Bedroom sizeHUD FMR
Studio$1,380
1 bedroom$1,490
2 bedroom$1,800
3 bedroom$2,300
4 bedroom$2,680