Franklin County, KY Fair Market Rent FY2027
Part of the Franklin County, KY non-metro FMR area. Fair Market Rents apply from October 1, 2026.
$797Efficiency +6.7%
$9091 bedroom +5.8%
$1,1452 bedrooms +5.7%
$1,4663 bedrooms +4.0%
$1,8114 bedrooms +7.8%
FY2027 vs FY2026
| Unit size | FY2027 | FY2026 | Change |
|---|---|---|---|
| Efficiency | $797 | $747 | +6.7% |
| 1 bedroom | $909 | $859 | +5.8% |
| 2 bedrooms | $1,145 | $1,083 | +5.7% |
| 3 bedrooms | $1,466 | $1,410 | +4.0% |
| 4 bedrooms | $1,811 | $1,680 | +7.8% |
FY2026 income limits
Median family income: $92,100
| Household size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| Extremely low (30%) | $19,400 | $22,150 | $27,320 | $33,000 | $38,680 | $44,360 | $50,040 | $55,720 |
| Very low (50%) | $32,250 | $36,850 | $41,450 | $46,050 | $49,750 | $53,450 | $57,150 | $60,800 |
| Low income (80%) | $51,600 | $59,000 | $66,350 | $73,700 | $79,600 | $85,500 | $91,400 | $97,300 |
Section 8 income limits set by HUD for FY2026; programs may use different limits.
Two-bedroom FMR since 1983
Questions and answers
What is the Fair Market Rent in Franklin County, KY for FY2027?
HUD set the FY2027 Fair Market Rents for Franklin County, KY at $797 for an efficiency, $909 for one bedroom, $1,145 for two bedrooms, $1,466 for three and $1,811 for four bedrooms.
How much did Fair Market Rent change in Franklin County, KY?
The two-bedroom FMR changed from $1,083 in FY2026 to $1,145 in FY2027 (+5.7%).
What are the HUD income limits for Franklin County, KY?
For FY2026 the median family income is $92,100. The low-income (80%) limit for a family of four is $73,700, very low income (50%) $46,050 and extremely low income $33,000.