Rent by ZIP · Clay County
Rent in Garrard, KY 40941
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $920 (+3.4% vs FY2026). Renters in this ZIP code pay a median $833 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $660 | $670 | -1.5% | $594–726 | – |
| 1 bedroom | $840 | $780 | +7.7% | $756–924 | – |
| 2 bedrooms | $920 | $890 | +3.4% | $828–1,012 | – |
| 3 bedrooms | $1,270 | $1,210 | +5% | $1,143–1,397 | $833 ±$185 |
| 4 bedrooms | $1,280 | $1,320 | -3% | $1,152–1,408 | – |
Small Area FMRs for the Clay 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 Clay County, KY, 2 bedrooms: $909.
What renters pay in 40941
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 |
|---|---|---|---|
| 40940 | Frakes | $950 | – |
| 40943 | Girdler | $910 | – |
| 40935 | Flat Lick | $910 | $751 |
| 40949 | Heidrick | $910 | – |
| 40953 | Hinkle | $910 | – |
| 40927 | Closplint | $910 | – |
Fair Market Rents across Clay 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.