40390
ZIPSAFMR
Jessamine County, KY
BRFMR
Eff. Rent
0 BR$730$800
1 BR$890$980
2 BR$1,050$1,160
3 BR$1,440$1,560
4 BR$1,610$1,680
5 BR$1,851
6 BR$2,129
7 BR$2,449
8 BR$2,816

Purchase Price Calculator

Maximum purchase price
$110,459

Cost breakdown

+Likely effective rent$1,160
HUD FMR$1,050
Market rent$1,220
Est. payment standard (110%)Used$1,160
Estimated payment standard is $1,160 (110% of FMR).
-Principal and interest-$559
Loan amount$88,367
Down payment$22,092
Rate6.50%
Term30 years
-Operating costs-$401
Property taxes-$110
Insurance-$175
Utilities$0
HOA$0
Management-$116
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,859(85.4% ROI)
Projected value
$118,952
Current value$110,459
Return breakdown
Property appreciation+$8,493
Loan principal paid down+$3,166
Rental cash flow+$7,200
5-year hold
+$32,161(145.6% ROI)
Projected value
$124,974
Current value$110,459
Return breakdown
Property appreciation+$14,515
Loan principal paid down+$5,646
Rental cash flow+$12,000
10-year hold
+$68,391(309.6% ROI)
Projected value
$141,397
Current value$110,459
Return breakdown
Property appreciation+$30,938
Loan principal paid down+$13,453
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
0.62ratio
FMR$730
Market$1,170
vs market-$440

FMR is below market; voucher rent may lag private rents.

90% standard$657 / 0.56 ratio110% standard$803 / 0.69 ratio
0.62
1 BR
1 BR
0.77ratio
FMR$890
Market$1,150
vs market-$260

FMR is below market; voucher rent may lag private rents.

90% standard$801 / 0.70 ratio110% standard$979 / 0.85 ratio
0.77
2 BR
2 BR
0.86ratio
FMR$1,050
Market$1,220
vs market-$170

FMR is below market; voucher rent may lag private rents.

90% standard$945 / 0.77 ratio110% standard$1,155 / 0.95 ratio
0.86
3 BR
3 BR
0.89ratio
FMR$1,440
Market$1,620
vs market-$180

FMR is below market; voucher rent may lag private rents.

90% standard$1,296 / 0.80 ratio110% standard$1,584 / 0.98 ratio
0.89
4 BR
4 BR
0.94ratio
FMR$1,610
Market$1,710
vs market-$100

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

90% standard$1,449 / 0.85 ratio110% standard$1,771 / 1.04 ratio
0.94
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 40390 (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.

40390 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 40390 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,050 and the 4 bedroom fair market rent is $1,610.

Use this page for searches like 40390 FMR, 40390 fair market rent, and 40390 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 40390
Bedroom sizeHUD FMR
Studio$730
1 bedroom$890
2 bedroom$1,050
3 bedroom$1,440
4 bedroom$1,610