Rent by ZIP · Fayette County
Rent in Lexington, KY 40513
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,800 (+9.1% vs FY2026). Renters in this ZIP code pay a median $1,416 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,250 | $1,140 | +9.6% | $1,125–1,375 | – |
| 1 bedroom | $1,530 | $1,400 | +9.3% | $1,377–1,683 | $1,173 ±$131 |
| 2 bedrooms | $1,800 | $1,650 | +9.1% | $1,620–1,980 | $1,457 ±$118 |
| 3 bedrooms | $2,480 | $2,260 | +9.7% | $2,232–2,728 | $1,700 ±$660 |
| 4 bedrooms | $2,680 | $2,520 | +6.3% | $2,412–2,948 | – |
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 40513
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 40514 | Lexington | $1,980 | $1,635 |
| 40511 | Lexington | $1,560 | $1,068 |
| 40515 | Lexington | $1,690 | $1,328 |
| 40510 | Lexington | $1,580 | – |
| 40516 | Lexington | $1,390 | $1,125 |
| 40509 | Lexington | $1,760 | $1,355 |
Fair Market Rents across Fayette 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.