Fair Market Rent · Kentucky
Fair Market Rent in Franklin 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 Franklin County is $1,145 a month, +5.7% from FY2026. Franklin County is part of the Franklin County, KY (a non-metro county 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 | $797 | $747 | +6.7% | $717–877 |
| 1 bedroom | $909 | $859 | +5.8% | $818–1,000 |
| 2 bedrooms | $1,145 | $1,083 | +5.7% | $1,030–1,260 |
| 3 bedrooms | $1,466 | $1,410 | +4% | $1,319–1,613 |
| 4 bedrooms | $1,811 | $1,680 | +7.8% | $1,630–1,992 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Franklin County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 40601 | Frankfort | $1,180 | $998 | $966 |
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.