Kentucky · FIPS 21195 · HUD FY 2027
Pike County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Pike County is $1,095 a month (rent plus utilities), 5% below the Kentucky average of $1,155 and 38% below the U.S. average of $1,761. That is up $118 (12.1%) from FY 2026. At 30% of income, a household needs about $43,800 a year to afford it.
- $1,0952-bedroom FMR+$118 (+12.1%) vs FY 2026
- $8371-bedroom FMRKentucky: $946 · U.S.: $1,478
- $43,800Income for a 2-bedroom$21/hour full-time
- 34 of 1202BR rank in Kentucky1 = highest rent
| Unit | Pike County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $763 | $698 | +$65 (+9.3%) | $854 | $1,379 | $30,520 |
| 1 bedroom | $837 | $745 | +$92 (+12.3%) | $946 | $1,478 | $33,480 |
| 2 bedrooms | $1,095 | $977 | +$118 (+12.1%) | $1,155 | $1,761 | $43,800 |
| 3 bedrooms | $1,305 | $1,171 | +$134 (+11.4%) | $1,500 | $2,266 | $52,200 |
| 4 bedrooms | $1,812 | $1,552 | +$260 (+16.8%) | $1,708 | $2,607 | $72,480 |
How Pike County compares
- Pike 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: $763, $837, $1,095, $1,305, $1,812. 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 37 ZIP codes mostly in Pike County (by land area), the 2-bedroom figure ranges from $920 to $1,150.
Small Area FMRs by ZIP code in Pike County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 41501 | $790 | $870 | $1,140 | $1,360 | $1,890 | +$120 (+11.8%) | 4% above |
| 41503 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41512 | $750 | $780 | $970 | $1,160 | $1,530 | +$60 (+6.6%) | 11% below |
| 41513 | $720 | $790 | $1,030 | $1,230 | $1,700 | +$130 (+14.4%) | 6% below |
| 41514 | $760 | $840 | $1,100 | $1,310 | $1,810 | +$120 (+12.2%) | about the same as |
| 41519 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41522 | $720 | $790 | $1,030 | $1,230 | $1,700 | +$130 (+14.4%) | 6% below |
| 41524 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41526 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41527 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41528 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41531 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$210 (+23.6%) | about the same as |
| 41534 | $710 | $780 | $1,010 | $1,210 | $1,650 | +$110 (+12.2%) | 8% below |
| 41535 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41538 | $680 | $760 | $970 | $1,160 | $1,520 | +$70 (+7.8%) | 11% below |
| 41539 | $700 | $760 | $1,000 | $1,190 | $1,650 | −$10 (−1.0%) | 9% below |
| 41540 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41543 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$130 (+13.4%) | about the same as |
| 41544 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41547 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41548 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41553 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41554 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41555 | $660 | $720 | $950 | $1,140 | $1,570 | +$40 (+4.4%) | 13% below |
| 41557 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41558 | $640 | $700 | $920 | $1,100 | $1,520 | +$30 (+3.4%) | 16% below |
| 41559 | $750 | $830 | $1,080 | $1,290 | $1,790 | +$120 (+12.5%) | 1% below |
| 41560 | $790 | $860 | $1,130 | $1,360 | $1,840 | +$130 (+13.0%) | 3% above |
| 41562 | $780 | $860 | $1,120 | $1,340 | $1,860 | +$120 (+12.0%) | 2% above |
| 41563 | $690 | $750 | $920 | $1,110 | $1,420 | +$30 (+3.4%) | 16% below |
| 41564 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41566 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41567 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41568 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41571 | $770 | $840 | $1,100 | $1,310 | $1,820 | +$120 (+12.2%) | about the same as |
| 41572 | $770 | $850 | $1,110 | $1,320 | $1,840 | +$160 (+16.8%) | 1% above |
| 41659 | $810 | $880 | $1,150 | $1,440 | $1,780 | +$130 (+12.7%) | 5% 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.