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Rent by ZIP · Madison County

Rent in Berea, KY 40403

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $940 (+6.8% vs FY2026). Renters in this ZIP code pay a median $834 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$660$670-1.5%$594–726–
1 bedroom$820$760+7.9%$738–902$644 ±$133
2 bedrooms$940$880+6.8%$846–1,034$824 ±$38
3 bedrooms$1,300$1,210+7.4%$1,170–1,430$905 ±$123
4 bedrooms$1,500$1,360+10.3%$1,350–1,650$1,312 ±$127

Small Area FMRs for the Madison County, KY. 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 Madison County, KY, 2 bedrooms: $993.

What renters pay in 40403

Median gross rent$834±$27 · all sizes
Renter households2,98229% of occupied homes
No cash rent216households

How rents are spread

Under $1,00076%
$1,000–1,49921%
$1,500–1,9992%
$2,000–2,4991%
$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
40402Annville$970–
40404Berea$940–
40409Brodhead$1,010$629
40419Crab Orchard$930$618
40422Danville$930$793
40437Hustonville$950$668

Fair Market Rents across Madison 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.