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Rent by ZIP · Jessamine County

Rent in Nicholasville, KY 40356

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,360 (+15.3% vs FY2026). Renters in this ZIP code pay a median $1,154 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$950$820+15.9%$855–1,045–
1 bedroom$1,160$1,000+16%$1,044–1,276$887 ±$89
2 bedrooms$1,360$1,180+15.3%$1,224–1,496$970 ±$94
3 bedrooms$1,870$1,620+15.4%$1,683–2,057$1,262 ±$86
4 bedrooms$2,020$1,800+12.2%$1,818–2,222$1,526 ±$280

Small Area FMRs for the Lexington-Fayette, KY MSA. 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 40356

Median gross rent$1,154±$64 · all sizes
Renter households5,62233% of occupied homes
No cash rent325households

How rents are spread

Under $1,00037%
$1,000–1,49938%
$1,500–1,99917%
$2,000–2,4994%
$2,500–2,9992%
$3,000–3,4991%
$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
40355New Liberty$1,020–
40357North Middletown$1,150–
40358Olympia$910–
40353Mount Sterling$1,150$865
40359Owenton$910$821
40360Owingsville$910$764

Fair Market Rents across Jessamine 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.