What is the Fair Market Rent for a 2-bedroom in Grant County, KY HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Grant County, KY HUD Metro FMR Area is $1,155 per month for fiscal year 2026. The studio FMR is $823, 1-bedroom is $899, 3-bedroom is $1,385, and 4-bedroom is $1,678.

What income do you need to afford the FMR in Grant County, KY HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $46,200 per year ($3,850 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,155 in Grant County, KY HUD Metro FMR Area.

FY2026 Fair Market Rents — Grant County, KY HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$823

1BR

$899

2BR

$1,155

3BR

$1,385

4BR

$1,678

Hours/week at min wage

123 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#408

of 661 U.S. metros (top 63% most expensive)

YoY change (2BR)

+5.2%

+$57 vs FY2025 · 5-yr +46.9%

Voucher payment standard

$1,040–$1,271

PHAs set HCV payment at 90–110% of the 2BR FMR

Grant County, KY HUD Metro FMR Area

Metropolitan area · KY · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$823	$9,876
1-Bedroom	$899	$10,788
2-Bedroom	$1,155	$13,860
3-Bedroom	$1,385	$16,620
4-Bedroom	$1,678	$20,136

Recent 2-Bedroom FMR Trend

FY2020 $776 → FY2026 $1,155

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$823	$899	$1,155	$1,385	$1,678
FY2025	$759	$848	$1,098	$1,323	$1,599
FY2024	$661	$742	$975	$1,179	$1,552
FY2023	$614	$811	$916	$1,160	$1,494
FY2022	$672	$728	$829	$1,168	$1,419
FY2021	$639	$690	$786	$1,125	$1,361
FY2020	$629	$649	$776	$1,119	$1,362

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $87,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,300	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,450	$34,800	$39,150	$43,500	$47,000	$50,500
80% AMI (Low)	$48,750	$55,700	$62,650	$69,600	$75,200	$80,750

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$13,860/yr

FMR as % of Area Median Income

15.9% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$46,200/yr

$3,850/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$761	$870	$978	$1,174	$1,261
60% AMI Maximum	$913	$1,044	$1,174	$1,409	$1,513

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$823	$899	$1,155	$1,385	$1,413
Low HOME Rent	$761	$870	$978	$1,087	$1,175

Compare Grant County, KY HUD Metro FMR Area With Other KY Metros

vs. Allen County, KY HUD Metro FMR Area vs. Ballard County, KY HUD Metro FMR Area vs. Bowling Green, KY HUD Metro FMR Area vs. Butler County, KY HUD Metro FMR Area vs. Carlisle County, KY HUD Metro FMR Area

Counties in This FMR Area

Grant County