Metro FMR area · KY · HUD FY 2027

Carter County, KY Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Carter County, KY area is $909 a month, 21% below the Kentucky average and 48% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 12 ZIP codes range from $910 to $1,180.

$9092-bedroom FMR+$43 (+5.0%) vs FY 2026
$7491-bedroom FMRU.S.: $1,478
$36,360Income for a 2-bedroomat 30% of income
26,341Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$909/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Carter County, KY FMR	$909	$36,360	–
Kentucky average	$1,155	$46,214	–
U.S. average	$1,761	$70,432	–

Carter County, KY Fair Market Rents, FY 2027 vs FY 2026
Unit	Carter County, KY FY 2027	FY 2026	Change	Kentucky avg	U.S. avg	Income needed
Studio	$745	$698	+$47 (+6.7%)	$854	$1,379	$29,800
1 bedroom	$749	$703	+$46 (+6.5%)	$946	$1,478	$29,960
2 bedrooms	$909	$866	+$43 (+5.0%)	$1,155	$1,761	$36,360
3 bedrooms	$1,246	$1,204	+$42 (+3.5%)	$1,500	$2,266	$49,840
4 bedrooms	$1,285	$1,254	+$31 (+2.5%)	$1,708	$2,607	$51,400

Counties in this FMR area

Counties in the Carter County, KY FMR area
County	Residents in area
Carter County, KY	26,341

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 $1,000.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Carter County, KY
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
40351	$680	$760	$940	$1,210	$1,560	+$50 (+5.6%)	3% above
41132	$830	$840	$1,000	$1,290	$1,410	+$30 (+3.1%)	10% above
41141	$900	$940	$1,180	$1,510	$1,650	+$80 (+7.3%)	30% above
41142	$730	$750	$910	$1,250	$1,280	+$40 (+4.6%)	about the same as
41143	$820	$830	$1,000	$1,370	$1,420	+$30 (+3.1%)	10% above
41146	$820	$830	$1,000	$1,370	$1,420	+$30 (+3.1%)	10% above
41164	$730	$750	$910	$1,250	$1,380	+$40 (+4.6%)	about the same as
41168	$840	$850	$1,000	$1,320	$1,400	+$10 (+1.0%)	10% above
41173	$750	$750	$910	$1,250	$1,290	+$40 (+4.6%)	about the same as
41179	$770	$770	$1,000	$1,280	$1,400	+$30 (+3.1%)	10% above
41180	$730	$750	$910	$1,120	$1,280	−$10 (−1.1%)	about the same as
41181	$780	$790	$960	$1,260	$1,360	−$10 (−1.0%)	6% 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.