Kentucky · FIPS 21041 · HUD FY 2027
Carroll County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Carroll County is $1,072 a month (rent plus utilities), 7% below the Kentucky average of $1,155 and 39% below the U.S. average of $1,761. That is up $98 (10.1%) from FY 2026. At 30% of income, a household needs about $42,880 a year to afford it.
- $1,0722-bedroom FMR+$98 (+10.1%) vs FY 2026
- $8191-bedroom FMRKentucky: $946 · U.S.: $1,478
- $42,880Income for a 2-bedroom$21/hour full-time
- 37 of 1202BR rank in Kentucky1 = highest rent
| Unit | Carroll County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $766 | $696 | +$70 (+10.1%) | $854 | $1,379 | $30,640 |
| 1 bedroom | $819 | $746 | +$73 (+9.8%) | $946 | $1,478 | $32,760 |
| 2 bedrooms | $1,072 | $974 | +$98 (+10.1%) | $1,155 | $1,761 | $42,880 |
| 3 bedrooms | $1,277 | $1,168 | +$109 (+9.3%) | $1,500 | $2,266 | $51,080 |
| 4 bedrooms | $1,409 | $1,290 | +$119 (+9.2%) | $1,708 | $2,607 | $56,360 |
How Carroll County compares
- Carroll County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Kentucky, 2-bedroom FMRs run from $909 (Wolfe County) to $1,442 (Boone County).
- Studio to 4-bedroom: $766, $819, $1,072, $1,277, $1,409. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 3 ZIP codes mostly in Carroll County (by land area), the 2-bedroom figure ranges from $1,070 to $1,200.
Small Area FMRs by ZIP code in Carroll County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 41008 | $760 | $820 | $1,070 | $1,270 | $1,410 | +$100 (+10.3%) | about the same as |
| 41045 | $790 | $850 | $1,100 | $1,380 | $1,540 | −$30 (−2.7%) | 3% above |
| 41083 | $870 | $930 | $1,200 | $1,500 | $1,660 | +$60 (+5.3%) | 12% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.