Fair Market Rent · Kentucky
Fair Market Rent in Bourbon County, KY
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Bourbon County is $1,416 a month, +11.3% from FY2026. Bourbon County is part of the Lexington-Fayette, KY MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $986 | $883 | +11.7% | $887–1,085 |
| 1 bedroom | $1,205 | $1,079 | +11.7% | $1,084–1,326 |
| 2 bedrooms | $1,416 | $1,272 | +11.3% | $1,274–1,558 |
| 3 bedrooms | $1,948 | $1,743 | +11.8% | $1,753–2,143 |
| 4 bedrooms | $2,108 | $1,940 | +8.7% | $1,897–2,319 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.