Kentucky · FIPS 21157 · HUD FY 2027
Marshall County, Kentucky Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Marshall County is $918 a month (rent plus utilities), 21% below the Kentucky average of $1,155 and 48% below the U.S. average of $1,761. That is up $34 (3.8%) from FY 2026. At 30% of income, a household needs about $36,720 a year to afford it.
- $9182-bedroom FMR+$34 (+3.8%) vs FY 2026
- $8241-bedroom FMRKentucky: $946 · U.S.: $1,478
- $36,720Income for a 2-bedroom$18/hour full-time
- 63 of 1202BR rank in Kentucky1 = highest rent
| Unit | Marshall County FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $656 | $632 | +$24 (+3.8%) | $854 | $1,379 | $26,240 |
| 1 bedroom | $824 | $772 | +$52 (+6.7%) | $946 | $1,478 | $32,960 |
| 2 bedrooms | $918 | $884 | +$34 (+3.8%) | $1,155 | $1,761 | $36,720 |
| 3 bedrooms | $1,266 | $1,191 | +$75 (+6.3%) | $1,500 | $2,266 | $50,640 |
| 4 bedrooms | $1,283 | $1,269 | +$14 (+1.1%) | $1,708 | $2,607 | $51,320 |
How Marshall County compares
- Marshall 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: $656, $824, $918, $1,266, $1,283. 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 4 ZIP codes mostly in Marshall County (by land area), the 2-bedroom figure ranges from $910 to $1,010.
Small Area FMRs by ZIP code in Marshall County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 42025 | $710 | $830 | $990 | $1,270 | $1,310 | +$20 (+2.1%) | 8% above |
| 42029 | $720 | $910 | $1,010 | $1,390 | $1,600 | +$70 (+7.4%) | 10% above |
| 42044 | $650 | $820 | $910 | $1,250 | $1,270 | +$40 (+4.6%) | 1% below |
| 42048 | $710 | $830 | $990 | $1,280 | $1,310 | +$20 (+2.1%) | 8% 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.