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Fair Market Rent · Kentucky

Fair Market Rent in Shelby County, KY

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

$873studio
$9981 bedroom
$1,1492 bedrooms
$1,3693 bedrooms
$1,6924 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Shelby County is $1,149 a month, +0.5% from FY2026. Shelby County is part of the Shelby County, KY HUD Metro FMR Area (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

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$873$954-8.5%$786–960
1 bedroom$998$1,027-2.8%$898–1,098
2 bedrooms$1,149$1,143+0.5%$1,034–1,264
3 bedrooms$1,369$1,417-3.4%$1,232–1,506
4 bedrooms$1,692$1,697-0.3%$1,523–1,861

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 Shelby 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
40003Bagdad$1,210––
40022Finchville$1,150––
40065Shelbyville$1,160$1,056$1,048
40067Simpsonville$1,390–$687
40076Waddy$1,150–$975

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.