Kentucky · FIPS 21107 · HUD FY 2027
Hopkins County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Hopkins County is $959 a month (rent plus utilities), 17% below the Kentucky average of $1,155 and 46% below the U.S. average of $1,761. That is up $59 (6.6%) from FY 2026. At 30% of income, a household needs about $38,360 a year to afford it.
- $9592-bedroom FMR+$59 (+6.6%) vs FY 2026
- $7331-bedroom FMRKentucky: $946 · U.S.: $1,478
- $38,360Income for a 2-bedroom$18/hour full-time
- 55 of 1202BR rank in Kentucky1 = highest rent
| Unit | Hopkins County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $701 | $662 | +$39 (+5.9%) | $854 | $1,379 | $28,040 |
| 1 bedroom | $733 | $686 | +$47 (+6.9%) | $946 | $1,478 | $29,320 |
| 2 bedrooms | $959 | $900 | +$59 (+6.6%) | $1,155 | $1,761 | $38,360 |
| 3 bedrooms | $1,249 | $1,163 | +$86 (+7.4%) | $1,500 | $2,266 | $49,960 |
| 4 bedrooms | $1,405 | $1,330 | +$75 (+5.6%) | $1,708 | $2,607 | $56,200 |
How Hopkins County compares
- Hopkins 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: $701, $733, $959, $1,249, $1,405. 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 10 ZIP codes mostly in Hopkins County (by land area), the 2-bedroom figure ranges from $910 to $1,220.
Small Area FMRs by ZIP code in Hopkins County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 42408 | $990 | $990 | $1,220 | $1,690 | $2,040 | +$110 (+9.9%) | 27% above |
| 42410 | $670 | $700 | $920 | $1,200 | $1,350 | +$50 (+5.7%) | 4% below |
| 42413 | $690 | $730 | $970 | $1,220 | $1,380 | −$100 (−9.3%) | 1% above |
| 42431 | $720 | $750 | $980 | $1,280 | $1,440 | +$60 (+6.5%) | 2% above |
| 42436 | $720 | $750 | $980 | $1,290 | $1,440 | no change | 2% above |
| 42440 | $660 | $690 | $910 | $1,180 | $1,330 | +$40 (+4.6%) | 5% below |
| 42441 | $750 | $780 | $1,020 | $1,330 | $1,490 | +$110 (+12.1%) | 6% above |
| 42442 | $990 | $990 | $1,220 | $1,690 | $2,040 | +$110 (+9.9%) | 27% above |
| 42453 | $990 | $990 | $1,220 | $1,690 | $2,040 | +$110 (+9.9%) | 27% above |
| 42464 | $990 | $990 | $1,220 | $1,690 | $2,040 | +$110 (+9.9%) | 27% 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.