Kentucky · FIPS 21163 · HUD FY 2027
Meade County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Meade County is $1,052 a month (rent plus utilities), 9% below the Kentucky average of $1,155 and 40% below the U.S. average of $1,761. That is down $23 (2.1%) from FY 2026. At 30% of income, a household needs about $42,080 a year to afford it.
- $1,0522-bedroom FMR−$23 (−2.1%) vs FY 2026
- $8041-bedroom FMRKentucky: $946 · U.S.: $1,478
- $42,080Income for a 2-bedroom$20/hour full-time
- 39 of 1202BR rank in Kentucky1 = highest rent
| Unit | Meade County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $799 | $814 | −$15 (−1.8%) | $854 | $1,379 | $31,960 |
| 1 bedroom | $804 | $819 | −$15 (−1.8%) | $946 | $1,478 | $32,160 |
| 2 bedrooms | $1,052 | $1,075 | −$23 (−2.1%) | $1,155 | $1,761 | $42,080 |
| 3 bedrooms | $1,443 | $1,463 | −$20 (−1.4%) | $1,500 | $2,266 | $57,720 |
| 4 bedrooms | $1,549 | $1,680 | −$131 (−7.8%) | $1,708 | $2,607 | $61,960 |
How Meade County compares
- HUD sets this rent for the Meade County, KY metro FMR area, which covers 30,158 residents in 1 county.
- Across Kentucky, 2-bedroom FMRs run from $909 (Wolfe County) to $1,442 (Boone County).
- Studio to 4-bedroom: $799, $804, $1,052, $1,443, $1,549. 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 8 ZIP codes mostly in Meade County (by land area), the 2-bedroom figure ranges from $970 to $1,360.
Small Area FMRs by ZIP code in Meade County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 40104 | $740 | $740 | $970 | $1,320 | $1,520 | −$30 (−3.0%) | 8% below |
| 40108 | $740 | $740 | $970 | $1,320 | $1,520 | −$30 (−3.0%) | 8% below |
| 40117 | $810 | $810 | $1,060 | $1,440 | $1,700 | −$110 (−9.4%) | 1% above |
| 40142 | $810 | $810 | $1,060 | $1,460 | $1,570 | −$20 (−1.9%) | 1% above |
| 40155 | $740 | $740 | $970 | $1,320 | $1,520 | −$30 (−3.0%) | 8% below |
| 40157 | $790 | $800 | $1,040 | $1,430 | $1,570 | −$20 (−1.9%) | 1% below |
| 40161 | $800 | $800 | $1,050 | $1,440 | $1,550 | −$30 (−2.8%) | about the same as |
| 40175 | $1,050 | $1,060 | $1,360 | $1,870 | $2,140 | −$20 (−1.4%) | 29% 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.