Kentucky · FIPS 21111 · HUD FY 2027
Jefferson County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Jefferson County is $1,276 a month (rent plus utilities), 10% above the Kentucky average of $1,155 and 28% below the U.S. average of $1,761. That is up $4 (0.3%) from FY 2026. At 30% of income, a household needs about $51,040 a year to afford it.
- $1,2762-bedroom FMR+$4 (+0.3%) vs FY 2026
- $1,0581-bedroom FMRKentucky: $946 · U.S.: $1,478
- $51,040Income for a 2-bedroom$25/hour full-time
- 15 of 1202BR rank in Kentucky1 = highest rent
| Unit | Jefferson County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $976 | $966 | +$10 (+1.0%) | $854 | $1,379 | $39,040 |
| 1 bedroom | $1,058 | $1,047 | +$11 (+1.1%) | $946 | $1,478 | $42,320 |
| 2 bedrooms | $1,276 | $1,272 | +$4 (+0.3%) | $1,155 | $1,761 | $51,040 |
| 3 bedrooms | $1,629 | $1,625 | +$4 (+0.2%) | $1,500 | $2,266 | $65,160 |
| 4 bedrooms | $1,874 | $1,891 | −$17 (−0.9%) | $1,708 | $2,607 | $74,960 |
How Jefferson County compares
- HUD sets this rent for the Louisville, KY-IN metro FMR area, which covers 1,217,486 residents in 8 counties.
- Across Kentucky, 2-bedroom FMRs run from $909 (Wolfe County) to $1,442 (Boone County).
- Studio to 4-bedroom: $976, $1,058, $1,276, $1,629, $1,874. 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 38 ZIP codes mostly in Jefferson County (by land area), the 2-bedroom figure ranges from $1,030 to $1,820.
Small Area FMRs by ZIP code in Jefferson County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 40023 | $1,160 | $1,260 | $1,540 | $1,980 | $2,290 | −$170 (−9.9%) | 21% above |
| 40025 | $1,170 | $1,270 | $1,530 | $1,950 | $2,250 | +$40 (+2.7%) | 20% above |
| 40041 | $890 | $960 | $1,160 | $1,480 | $1,700 | −$10 (−0.9%) | 9% below |
| 40118 | $1,010 | $1,090 | $1,320 | $1,680 | $1,940 | no change | 3% above |
| 40202 | $1,070 | $1,160 | $1,400 | $1,790 | $2,060 | +$10 (+0.7%) | 10% above |
| 40203 | $790 | $850 | $1,030 | $1,310 | $1,510 | −$70 (−6.4%) | 19% below |
| 40204 | $1,090 | $1,190 | $1,430 | $1,830 | $2,100 | no change | 12% above |
| 40205 | $1,030 | $1,110 | $1,340 | $1,710 | $1,970 | no change | 5% above |
| 40206 | $1,100 | $1,190 | $1,440 | $1,840 | $2,110 | +$40 (+2.9%) | 13% above |
| 40207 | $1,190 | $1,290 | $1,550 | $1,980 | $2,280 | −$20 (−1.3%) | 21% above |
| 40208 | $830 | $900 | $1,090 | $1,390 | $1,600 | +$10 (+0.9%) | 15% below |
| 40209 | $860 | $940 | $1,130 | $1,440 | $1,660 | −$20 (−1.7%) | 11% below |
| 40210 | $860 | $940 | $1,130 | $1,440 | $1,660 | −$20 (−1.7%) | 11% below |
| 40211 | $850 | $920 | $1,110 | $1,420 | $1,630 | no change | 13% below |
| 40212 | $870 | $950 | $1,140 | $1,460 | $1,670 | +$60 (+5.6%) | 11% below |
| 40213 | $850 | $920 | $1,110 | $1,420 | $1,630 | −$30 (−2.6%) | 13% below |
| 40214 | $900 | $970 | $1,170 | $1,490 | $1,720 | −$10 (−0.8%) | 8% below |
| 40215 | $930 | $1,010 | $1,220 | $1,560 | $1,790 | no change | 4% below |
| 40216 | $820 | $890 | $1,070 | $1,370 | $1,570 | −$10 (−0.9%) | 16% below |
| 40217 | $1,030 | $1,120 | $1,350 | $1,720 | $1,980 | −$10 (−0.7%) | 6% above |
| 40218 | $1,010 | $1,090 | $1,320 | $1,680 | $1,940 | +$20 (+1.5%) | 3% above |
| 40219 | $940 | $1,020 | $1,230 | $1,570 | $1,810 | no change | 4% below |
| 40220 | $1,100 | $1,190 | $1,440 | $1,840 | $2,110 | −$20 (−1.4%) | 13% above |
| 40221 | $990 | $1,080 | $1,300 | $1,660 | $1,910 | +$10 (+0.8%) | 2% above |
| 40222 | $1,170 | $1,270 | $1,530 | $1,950 | $2,250 | +$40 (+2.7%) | 20% above |
| 40223 | $1,270 | $1,380 | $1,660 | $2,120 | $2,440 | +$20 (+1.2%) | 30% above |
| 40228 | $1,210 | $1,310 | $1,580 | $2,020 | $2,320 | −$20 (−1.2%) | 24% above |
| 40229 | $1,130 | $1,230 | $1,480 | $1,890 | $2,170 | −$10 (−0.7%) | 16% above |
| 40231 | $990 | $1,080 | $1,300 | $1,660 | $1,910 | +$10 (+0.8%) | 2% above |
| 40241 | $1,250 | $1,360 | $1,640 | $2,090 | $2,410 | −$30 (−1.8%) | 29% above |
| 40242 | $1,110 | $1,200 | $1,450 | $1,850 | $2,130 | −$20 (−1.4%) | 14% above |
| 40243 | $1,130 | $1,230 | $1,480 | $1,890 | $2,170 | −$10 (−0.7%) | 16% above |
| 40245 | $1,390 | $1,520 | $1,820 | $2,320 | $2,680 | +$20 (+1.1%) | 43% above |
| 40258 | $990 | $1,080 | $1,300 | $1,660 | $1,910 | +$10 (+0.8%) | 2% above |
| 40272 | $1,030 | $1,120 | $1,350 | $1,720 | $1,980 | −$30 (−2.2%) | 6% above |
| 40280 | $1,100 | $1,190 | $1,440 | $1,840 | $2,110 | +$40 (+2.9%) | 13% above |
| 40291 | $1,030 | $1,110 | $1,340 | $1,710 | $1,970 | −$10 (−0.7%) | 5% above |
| 40299 | $1,120 | $1,220 | $1,470 | $1,880 | $2,160 | no change | 15% 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.