ZIP 40522 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 40522 in the Lexington-Fayette, KY MSA FMR area.
$1,010Efficiency
$1,2301 bedroom
$1,4502 bedrooms
$2,0003 bedrooms
$2,1604 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,010 | $909 | $1,111 | $986 |
| 1 bedroom | $1,230 | $1,107 | $1,353 | $1,205 |
| 2 bedrooms | $1,450 | $1,305 | $1,595 | $1,416 |
| 3 bedrooms | $2,000 | $1,800 | $2,200 | $1,948 |
| 4 bedrooms | $2,160 | $1,944 | $2,376 | $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 40522?
HUD's FY2027 Small Area FMRs for ZIP 40522 (Lexington-Fayette, KY MSA) are $1,010 efficiency, $1,230 one bedroom, $1,450 two bedrooms, $2,000 three and $2,160 four bedrooms.
What payment standard can a housing authority set in ZIP 40522?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,305 to $1,595.