Kentucky · FIPS 21071 · HUD FY 2027
Floyd County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Floyd County is $925 a month (rent plus utilities), 20% below the Kentucky average of $1,155 and 47% below the U.S. average of $1,761. That is up $21 (2.3%) from FY 2026. At 30% of income, a household needs about $37,000 a year to afford it.
- $9252-bedroom FMR+$21 (+2.3%) vs FY 2026
- $7071-bedroom FMRKentucky: $946 · U.S.: $1,478
- $37,000Income for a 2-bedroom$18/hour full-time
- 60 of 1202BR rank in Kentucky1 = highest rent
| Unit | Floyd County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $661 | $646 | +$15 (+2.3%) | $854 | $1,379 | $26,440 |
| 1 bedroom | $707 | $689 | +$18 (+2.6%) | $946 | $1,478 | $28,280 |
| 2 bedrooms | $925 | $904 | +$21 (+2.3%) | $1,155 | $1,761 | $37,000 |
| 3 bedrooms | $1,230 | $1,109 | +$121 (+10.9%) | $1,500 | $2,266 | $49,200 |
| 4 bedrooms | $1,246 | $1,212 | +$34 (+2.8%) | $1,708 | $2,607 | $49,840 |
How Floyd County compares
- Floyd 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: $661, $707, $925, $1,230, $1,246. 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 31 ZIP codes mostly in Floyd County (by land area), the 2-bedroom figure ranges from $910 to $1,260.
Small Area FMRs by ZIP code in Floyd County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 41216 | $660 | $760 | $930 | $1,210 | $1,310 | −$100 (−9.7%) | 1% above |
| 41601 | $650 | $690 | $910 | $1,210 | $1,220 | +$40 (+4.6%) | 2% below |
| 41602 | $650 | $740 | $910 | $1,210 | $1,270 | +$30 (+3.4%) | 2% below |
| 41603 | $790 | $840 | $1,100 | $1,460 | $1,480 | +$50 (+4.8%) | 19% above |
| 41604 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41605 | $810 | $880 | $1,150 | $1,480 | $1,660 | +$110 (+10.6%) | 24% above |
| 41606 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41607 | $680 | $720 | $950 | $1,270 | $1,280 | +$40 (+4.4%) | 3% above |
| 41612 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41615 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41616 | $770 | $830 | $1,080 | $1,440 | $1,460 | +$30 (+2.9%) | 17% above |
| 41619 | $810 | $870 | $1,140 | $1,520 | $1,540 | +$20 (+1.8%) | 23% above |
| 41621 | $650 | $690 | $910 | $1,210 | $1,220 | +$40 (+4.6%) | 2% below |
| 41622 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41630 | $680 | $730 | $950 | $1,210 | $1,290 | −$90 (−8.7%) | 3% above |
| 41631 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41635 | $820 | $880 | $1,150 | $1,530 | $1,550 | +$100 (+9.5%) | 24% above |
| 41636 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41642 | $900 | $960 | $1,260 | $1,680 | $1,700 | +$190 (+17.8%) | 36% above |
| 41645 | $730 | $780 | $1,020 | $1,360 | $1,370 | no change | 10% above |
| 41647 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41649 | $720 | $760 | $1,000 | $1,330 | $1,350 | +$30 (+3.1%) | 8% above |
| 41650 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41651 | $660 | $710 | $930 | $1,240 | $1,250 | +$60 (+6.9%) | 1% above |
| 41653 | $650 | $690 | $910 | $1,210 | $1,400 | +$20 (+2.2%) | 2% below |
| 41655 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41660 | $660 | $710 | $930 | $1,240 | $1,250 | +$30 (+3.3%) | 1% above |
| 41663 | $880 | $940 | $1,230 | $1,640 | $1,660 | +$160 (+15.0%) | 33% above |
| 41666 | $690 | $740 | $970 | $1,240 | $1,300 | −$100 (−9.3%) | 5% above |
| 41667 | $660 | $710 | $930 | $1,240 | $1,250 | +$20 (+2.2%) | 1% above |
| 41669 | $650 | $690 | $910 | $1,210 | $1,220 | +$40 (+4.6%) | 2% below |
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.