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Rent by ZIP · Franklin County

Rent in Frankfort, KY 40601

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,180 (+8.3% vs FY2026). Renters in this ZIP code pay a median $966 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$820$800+2.5%$738–902$594 ±$36
1 bedroom$940$880+6.8%$846–1,034$787 ±$29
2 bedrooms$1,180$1,090+8.3%$1,062–1,298$998 ±$59
3 bedrooms$1,510$1,420+6.3%$1,359–1,661$1,127 ±$50
4 bedrooms$1,870$1,690+10.7%$1,683–2,057$1,656 ±$249

Small Area FMRs for the Franklin 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 Franklin County, KY, 2 bedrooms: $1,145.

What renters pay in 40601

Median gross rent$966±$40 · all sizes
Renter households8,05735% of occupied homes
No cash rent553households

How rents are spread

Under $1,00054%
$1,000–1,49935%
$1,500–1,9999%
$2,000–2,4991%
$2,500–2,9991%
$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
40602Frankfort$1,150–
40604Frankfort$1,150–
40621Frankfort$1,150–

Fair Market Rents across Franklin 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.