Madison County, KY Fair Market Rents (FY2027)
The 2-bedroom fair market rent for Madison County, KY in FY2027 is $993.
FMRs are HUD's estimate of 40th-percentile gross rent (shelter rent plus utilities) for recent movers in standard units.
An FMR is not a voucher amount. Each housing authority sets its own payment standards, normally between 90% and 110% of the FMR; HUD rules also allow exception amounts above 110% in some cases. Where HUD requires Small Area FMRs, or a housing authority has chosen to use them, payment standards are based on ZIP code rents, not the area-wide FMR shown here. Ask your housing authority for its payment standard.
This row is a HUD nonmetropolitan FMR area, usually a single county. HUD area code NCNTY21151N21151.
| Area | Studio | 1 bedroom | 2 bedroom | 3 bedroom | 4 bedroom |
|---|---|---|---|---|---|
| Madison County, KY | $691 | $859 | $993 | $1,375 | $1,600 |