FY2026 Fair Market Rents — Louisville, KY-IN HUD Metro FMR Area

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

Studio
$966
1BR
$1,047
2BR
$1,272
3BR
$1,625
4BR
$1,891
Hours/week at min wage
135 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-4.4%
$58 vs FY2025 · 5-yr +38.6%
Voucher payment standard
$1,145–$1,399
PHAs set HCV payment at 90–110% of the 2BR FMR

Louisville, KY-IN HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $966 $11,592
1-Bedroom $1,047 $12,564
2-Bedroom $1,272 $15,264
3-Bedroom $1,625 $19,500
4-Bedroom $1,891 $22,692

Recent 2-Bedroom FMR Trend

FY2020 $872 → FY2026 $1,272
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $966 $1,047 $1,272 $1,625 $1,891
FY2025 $1,003 $1,094 $1,330 $1,714 $1,989
FY2024 $976 $1,077 $1,301 $1,701 $1,955
FY2023 $776 $876 $1,052 $1,395 $1,602
FY2022 $690 $800 $960 $1,279 $1,468
FY2021 $649 $760 $918 $1,229 $1,408
FY2020 $614 $713 $872 $1,174 $1,331

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $99,000

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $20,800 $23,800 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $34,650 $39,600 $44,550 $49,500 $53,500 $57,450
80% AMI (Low) $55,450 $63,400 $71,300 $79,200 $85,550 $91,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$15,264/yr
FMR as % of Area Median Income
15.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$50,880/yr
$4,240/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 $866 $990 $1,113 $1,336 $1,435
60% AMI Maximum $1,039 $1,188 $1,336 $1,603 $1,722

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 $966 $1,047 $1,272 $1,608 $1,608
Low HOME Rent $866 $990 $1,113 $1,237 $1,337

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,272. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

40059 $1,910
47143 $1,910
40026 $1,800
40245 $1,800
40023 $1,710

Lowest-cost ZIPs (2BR SAFMR)

40006 $1,070
40011 $1,070
40019 $1,070
40050 $1,070
40058 $1,070
All 130 ZIP codes in this area
40006 40007 40008 40010 40011 40013 40014 40018 40019 40023 40025 40026 40027 40031 40036 40041 40046 40047 40050 40055 40056 40057 40058 40059 40065 40068 40070 40071 40075 40076 40077 40109 40110 40118 40129 40150 40165 40166 40177 40201 40202 40203 40204 40205 40206 40207 40208 40209 40210 40211 40212 40213 40214 40215 40216 40217 40218 40219 40220 40221 40222 40223 40228 40229 40231 40232 40233 40241 40242 40243 40245 40250 40251 40252 40253 40255 40256 40257 40258 40259 40261 40268 40269 40270 40272 40280 40285 40291 40299 40601 47104 47106 47107 47110 47111 47112 47114 47115 47117 47119 47120 47122 47124 47125 47126 47129 47130 47131 47135 47136 47137 47138 47141 47142 47143 47146 47147 47150 47151 47160 47161 47162 47163 47164 47165 47166 47172 47177 47190 47243

Compare Louisville, KY-IN 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

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