Metro FMR area · KY · HUD FY 2027
Allen County, KY Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Allen County, KY area is $1,019 a month, 12% below the Kentucky average and 42% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 6 ZIP codes range from $920 to $1,410.
- $1,0192-bedroom FMR+$23 (+2.3%) vs FY 2026
- $7791-bedroom FMRU.S.: $1,478
- $40,760Income for a 2-bedroomat 30% of income
- 21,293Residents1 county
| Unit | Allen County, KY FY 2027 | FY 2026 | Change | Kentucky avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $774 | $759 | +$15 (+2.0%) | $854 | $1,379 | $30,960 |
| 1 bedroom | $779 | $759 | +$20 (+2.6%) | $946 | $1,478 | $31,160 |
| 2 bedrooms | $1,019 | $996 | +$23 (+2.3%) | $1,155 | $1,761 | $40,760 |
| 3 bedrooms | $1,293 | $1,224 | +$69 (+5.6%) | $1,500 | $2,266 | $51,720 |
| 4 bedrooms | $1,624 | $1,520 | +$104 (+6.8%) | $1,708 | $2,607 | $64,960 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Allen County, KY | 21,293 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,100.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 42120 | $890 | $930 | $1,100 | $1,420 | $1,700 | +$30 (+2.8%) | 8% above |
| 42122 | $1,080 | $1,200 | $1,410 | $1,690 | $2,300 | −$130 (−8.4%) | 38% above |
| 42133 | $690 | $700 | $920 | $1,230 | $1,370 | +$30 (+3.4%) | 10% below |
| 42134 | $800 | $970 | $1,110 | $1,480 | $1,560 | +$60 (+5.7%) | 9% above |
| 42153 | $780 | $790 | $1,030 | $1,310 | $1,640 | +$30 (+3.0%) | 1% above |
| 42164 | $780 | $790 | $1,030 | $1,310 | $1,640 | +$30 (+3.0%) | 1% 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).
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.