Kentucky · FIPS 21081 · HUD FY 2027
Grant County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Grant County is $1,146 a month (rent plus utilities), 1% below the Kentucky average of $1,155 and 35% below the U.S. average of $1,761. That is down $9 (0.8%) from FY 2026. At 30% of income, a household needs about $45,840 a year to afford it.
- $1,1462-bedroom FMR−$9 (−0.8%) vs FY 2026
- $8991-bedroom FMRKentucky: $946 · U.S.: $1,478
- $45,840Income for a 2-bedroom$22/hour full-time
- 27 of 1202BR rank in Kentucky1 = highest rent
| Unit | Grant County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $840 | $823 | +$17 (+2.1%) | $854 | $1,379 | $33,600 |
| 1 bedroom | $899 | $899 | no change | $946 | $1,478 | $35,960 |
| 2 bedrooms | $1,146 | $1,155 | −$9 (−0.8%) | $1,155 | $1,761 | $45,840 |
| 3 bedrooms | $1,365 | $1,385 | −$20 (−1.4%) | $1,500 | $2,266 | $54,600 |
| 4 bedrooms | $1,692 | $1,678 | +$14 (+0.8%) | $1,708 | $2,607 | $67,680 |
How Grant County compares
- HUD sets this rent for the Grant County, KY metro FMR area, which covers 25,418 residents in 1 county.
- Across Kentucky, 2-bedroom FMRs run from $909 (Wolfe County) to $1,442 (Boone County).
- Studio to 4-bedroom: $840, $899, $1,146, $1,365, $1,692. 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 5 ZIP codes mostly in Grant County (by land area), the 2-bedroom figure ranges from $1,080 to $1,210.
Small Area FMRs by ZIP code in Grant County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 41010 | $800 | $980 | $1,150 | $1,570 | $1,750 | +$100 (+9.5%) | about the same as |
| 41030 | $880 | $940 | $1,200 | $1,460 | $1,780 | no change | 5% above |
| 41035 | $840 | $900 | $1,150 | $1,370 | $1,690 | −$10 (−0.9%) | about the same as |
| 41052 | $880 | $950 | $1,210 | $1,530 | $1,770 | +$20 (+1.7%) | 6% above |
| 41097 | $790 | $850 | $1,080 | $1,300 | $1,600 | −$10 (−0.9%) | 6% 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.