40517
ZIPSAFMR
Fayette County, KY
BRFMR
Eff. Rent
0 BR$960$960
1 BR$1,180$1,170
2 BR$1,390$1,370
3 BR$1,900$1,650
4 BR$2,120$1,960
5 BR$2,438
6 BR$2,804
7 BR$3,224
8 BR$3,708

Market Alignment

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

Studio
Studio
0.97ratio
FMR$960
Market$990
vs market-$30

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

0.97
1 BR
1 BR
1.01ratio
FMR$1,180
Market$1,170
vs market+$10

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

1.01
2 BR
2 BR
1.01ratio
FMR$1,390
Market$1,370
vs market+$20

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

1.01
3 BR
3 BR
1.15ratio
FMR$1,900
Market$1,650
vs market+$250

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.15
4 BR
4 BR
1.08ratio
FMR$2,120
Market$1,960
vs market+$160

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

1.08
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$144,637
Rent
$1,390
Down payment
$28,927
Loan
$115,710
Mortgage
$731
Expenses
$459
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40517 (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.