41022
ZIPSAFMR
Boone County, KY
BRFMR
Eff. Rent
0 BR$1,090$1,200
1 BR$1,200$1,320
2 BR$1,540$1,690
3 BR$2,030$2,140
4 BR$2,250$2,480
5 BR$2,588
6 BR$2,976
7 BR$3,422
8 BR$3,935

Purchase Price Calculator

Maximum purchase price
$189,217

Cost breakdown

+Likely effective rent$1,690
HUD FMR$1,540
Market rent$1,990
Est. payment standard (110%)Used$1,690
Estimated payment standard is $1,690 (110% of FMR).
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Current value$189,217
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Current value$189,217
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Current value$189,217
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
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
0.59ratio
FMR$1,090
Market$1,850
vs market-$760

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

90% standard$981 / 0.53 ratio110% standard$1,199 / 0.65 ratio
0.59
1 BR
1 BR
0.64ratio
FMR$1,200
Market$1,870
vs market-$670

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

90% standard$1,080 / 0.58 ratio110% standard$1,320 / 0.71 ratio
0.64
2 BR
2 BR
0.77ratio
FMR$1,540
Market$1,990
vs market-$450

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

90% standard$1,386 / 0.70 ratio110% standard$1,694 / 0.85 ratio
0.77
3 BR
3 BR
0.92ratio
FMR$2,030
Market$2,200
vs market-$170

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

90% standard$1,827 / 0.83 ratio110% standard$2,233 / 1.02 ratio
0.92
4 BR
4 BR
0.84ratio
FMR$2,250
Market$2,680
vs market-$430

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

90% standard$2,025 / 0.76 ratio110% standard$2,475 / 0.92 ratio
0.84
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 41022 (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.

41022 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 41022 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,540 and the 4 bedroom fair market rent is $2,250.

Use this page for searches like 41022 FMR, 41022 fair market rent, and 41022 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 41022
Bedroom sizeHUD FMR
Studio$1,090
1 bedroom$1,200
2 bedroom$1,540
3 bedroom$2,030
4 bedroom$2,250