Rent by ZIP ·
Rent in Lexington, KY 40506
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,450 (+10.7% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,010 | $910 | +11% | $909–1,111 | – |
| 1 bedroom | $1,230 | $1,110 | +10.8% | $1,107–1,353 | – |
| 2 bedrooms | $1,450 | $1,310 | +10.7% | $1,305–1,595 | – |
| 3 bedrooms | $2,000 | $1,800 | +11.1% | $1,800–2,200 | – |
| 4 bedrooms | $2,160 | $2,000 | +8% | $1,944–2,376 | – |
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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 40505 | Lexington | $1,200 | $995 |
| 40507 | Lexington | $1,230 | $1,710 |
| 40504 | Lexington | $1,190 | $1,020 |
| 40508 | Lexington | $1,390 | $1,028 |
| 40503 | Lexington | $1,450 | $1,238 |
| 40509 | Lexington | $1,760 | $1,355 |
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.