40506
ZIPSAFMR
Fayette County, KY
BRFMR
Eff. Rent
0 BR$910$870
1 BR$1,110$1,110
2 BR$1,310$1,310
3 BR$1,800$1,800
4 BR$2,000$2,000
5 BR$2,300
6 BR$2,645
7 BR$3,042
8 BR$3,498

Market Alignment

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

Studio
Studio
1.05ratio
FMR$910
Market$870
vs market+$40

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

1.05
1 BR
1 BR
0.93ratio
FMR$1,110
Market$1,200
vs market-$90

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

0.93
2 BR
2 BR
0.76ratio
FMR$1,310
Market$1,720
vs market-$410

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

0.76
3 BR
3 BR
0.83ratio
FMR$1,800
Market$2,160
vs market-$360

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

0.83
4 BR
4 BR
0.59ratio
FMR$2,000
Market$3,390
vs market-$1,390

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

0.59
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
$132,749
Rent
$1,310
Down payment
$26,550
Loan
$106,199
Mortgage
$671
Expenses
$439
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40506 (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.