ZIP 40339 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 40339 in the Lexington-Fayette, KY MSA FMR area.
$950Efficiency
$1,1601 bedroom
$1,3602 bedrooms
$1,8703 bedrooms
$2,0204 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $950 | $855 | $1,045 | $986 |
| 1 bedroom | $1,160 | $1,044 | $1,276 | $1,205 |
| 2 bedrooms | $1,360 | $1,224 | $1,496 | $1,416 |
| 3 bedrooms | $1,870 | $1,683 | $2,057 | $1,948 |
| 4 bedrooms | $2,020 | $1,818 | $2,222 | $2,108 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 40339?
HUD's FY2027 Small Area FMRs for ZIP 40339 (Lexington-Fayette, KY MSA) are $950 efficiency, $1,160 one bedroom, $1,360 two bedrooms, $1,870 three and $2,020 four bedrooms.
What payment standard can a housing authority set in ZIP 40339?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,224 to $1,496.