Metro FMR area · KY · HUD FY 2027

Nelson County, KY Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Nelson County, KY area is $1,022 a month, 12% below the Kentucky average and 42% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 13 ZIP codes range from $920 to $1,110.

$1,0222-bedroom FMR+$6 (+0.6%) vs FY 2026
$7811-bedroom FMRU.S.: $1,478
$40,880Income for a 2-bedroomat 30% of income
47,606Residents1 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$1,022/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Nelson County, KY FMR	$1,022	$40,880	–
Kentucky average	$1,155	$46,214	–
U.S. average	$1,761	$70,432	–

Nelson County, KY Fair Market Rents, FY 2027 vs FY 2026
Unit	Nelson County, KY FY 2027	FY 2026	Change	Kentucky avg	U.S. avg	Income needed
Studio	$777	$770	+$7 (+0.9%)	$854	$1,379	$31,080
1 bedroom	$781	$781	no change	$946	$1,478	$31,240
2 bedrooms	$1,022	$1,016	+$6 (+0.6%)	$1,155	$1,761	$40,880
3 bedrooms	$1,302	$1,360	−$58 (−4.3%)	$1,500	$2,266	$52,080
4 bedrooms	$1,587	$1,704	−$117 (−6.9%)	$1,708	$2,607	$63,480

Counties in this FMR area

Counties in the Nelson County, KY FMR area
County	Residents in area
Nelson County, KY	47,606

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 $1,020.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Nelson County, KY
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
40004	$790	$800	$1,040	$1,330	$1,610	+$10 (+1.0%)	2% above
40008	$780	$800	$1,030	$1,310	$1,620	−$50 (−4.6%)	1% above
40012	$790	$860	$1,090	$1,440	$1,590	+$190 (+21.1%)	7% above
40013	$810	$830	$1,070	$1,430	$1,760	−$110 (−9.3%)	5% above
40020	$810	$830	$1,050	$1,390	$1,690	−$110 (−9.5%)	3% above
40037	$700	$730	$920	$1,230	$1,540	+$50 (+5.7%)	10% below
40048	$780	$780	$1,020	$1,300	$1,580	no change	about the same as
40051	$760	$770	$960	$1,330	$1,600	−$10 (−1.0%)	6% below
40052	$760	$770	$960	$1,330	$1,600	−$10 (−1.0%)	6% below
40069	$700	$710	$920	$1,270	$1,540	+$20 (+2.2%)	10% below
40071	$850	$920	$1,110	$1,420	$1,630	−$10 (−0.9%)	9% above
40107	$730	$730	$960	$1,230	$1,540	−$20 (−2.0%)	6% below
42748	$780	$790	$990	$1,370	$1,650	+$20 (+2.1%)	3% below

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.