Kentucky · FIPS 21223 · HUD FY 2027
Trimble County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Trimble County is $1,175 a month (rent plus utilities), 2% above the Kentucky average of $1,155 and 33% below the U.S. average of $1,761. That is up $174 (17.4%) from FY 2026. At 30% of income, a household needs about $47,000 a year to afford it.
- $1,1752-bedroom FMR+$174 (+17.4%) vs FY 2026
- $8981-bedroom FMRKentucky: $946 · U.S.: $1,478
- $47,000Income for a 2-bedroom$23/hour full-time
- 24 of 1202BR rank in Kentucky1 = highest rent
| Unit | Trimble County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $840 | $715 | +$125 (+17.5%) | $854 | $1,379 | $33,600 |
| 1 bedroom | $898 | $780 | +$118 (+15.1%) | $946 | $1,478 | $35,920 |
| 2 bedrooms | $1,175 | $1,001 | +$174 (+17.4%) | $1,155 | $1,761 | $47,000 |
| 3 bedrooms | $1,407 | $1,320 | +$87 (+6.6%) | $1,500 | $2,266 | $56,280 |
| 4 bedrooms | $1,642 | $1,325 | +$317 (+23.9%) | $1,708 | $2,607 | $65,680 |
How Trimble County compares
- Trimble 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: $840, $898, $1,175, $1,407, $1,642. 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 3 ZIP codes mostly in Trimble County (by land area), the 2-bedroom figure ranges from $1,080 to $1,400.
Small Area FMRs by ZIP code in Trimble County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 40006 | $790 | $840 | $1,100 | $1,320 | $1,530 | +$30 (+2.8%) | 6% below |
| 40045 | $770 | $830 | $1,080 | $1,290 | $1,500 | +$140 (+14.9%) | 8% below |
| 40055 | $1,050 | $1,130 | $1,400 | $1,750 | $2,030 | +$90 (+6.9%) | 19% 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.