Rent by ZIP ·
Rent in Frankfort, KY 40602
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (+6.5% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $800 | $740 | +8.1% | $720–880 | – |
| 1 bedroom | $910 | $860 | +5.8% | $819–1,001 | – |
| 2 bedrooms | $1,150 | $1,080 | +6.5% | $1,035–1,265 | – |
| 3 bedrooms | $1,470 | $1,410 | +4.3% | $1,323–1,617 | – |
| 4 bedrooms | $1,820 | $1,680 | +8.3% | $1,638–2,002 | – |
Small Area FMRs for the Franklin County, KY. 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.
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 |
|---|---|---|---|
| 40601 | Frankfort | $1,180 | $998 |
| 40604 | Frankfort | $1,150 | – |
| 40621 | Frankfort | $1,150 | – |
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.