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Rent by ZIP · Woodford County

Rent in Midway, KY 40347

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (+12.2% vs FY2026). Renters in this ZIP code pay a median $1,071 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$900$800+12.5%$810–990–
1 bedroom$1,080$970+11.3%$972–1,188$969 ±$35
2 bedrooms$1,290$1,150+12.2%$1,161–1,419$1,113 ±$119
3 bedrooms$1,750$1,570+11.5%$1,575–1,925$1,328 ±$942
4 bedrooms$1,930$1,760+9.7%$1,737–2,123–

Small Area FMRs for the Lexington-Fayette, KY MSA. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Lexington-Fayette, KY MSA, 2 bedrooms: $1,416.

What renters pay in 40347

Median gross rent$1,071±$136 · all sizes
Renter households31722% of occupied homes
No cash rent127households

How rents are spread

Under $1,00043%
$1,000–1,49945%
$1,500–1,99912%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
40346Means$940–
40348Millersburg$1,150$728
40350Moorefield$920–
40351Morehead$940$790
40342Lawrenceburg$1,120$899
40353Mount Sterling$1,150$865

Fair Market Rents across Woodford County, KY · All KY counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.