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Fair Market Rent · Kentucky

Fair Market Rent in Rowan County, KY

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$701studio
$7911 bedroom
$9772 bedrooms
$1,2523 bedrooms
$1,6334 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Rowan County is $977 a month, +7.2% from FY2026. Rowan County is part of the Rowan 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

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$701$628+11.6%$631–771
1 bedroom$791$735+7.6%$712–870
2 bedrooms$977$911+7.2%$879–1,075
3 bedrooms$1,252$1,156+8.3%$1,127–1,377
4 bedrooms$1,633$1,528+6.9%$1,470–1,796

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 Rowan County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
40313Clearfield$1,150$980$992
40351Morehead$940$790$786

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.