FY2025 Fair Market Rents — Meade County, KY HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$841
1BR
$847
2BR
$1,111
3BR
$1,507
4BR
$1,866
Hours/week at min wage
118 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#390
of 639 U.S. metros (top 62% most expensive)
YoY change (2BR)
+7.3%
+$76 vs FY2024 · 5-yr +54.1%
Voucher payment standard
$1,000–$1,222
PHAs set HCV payment at 90–110% of the 2BR FMR

Meade County, KY HUD Metro FMR Area

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

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $841 $10,092
1-Bedroom $847 $10,164
2-Bedroom $1,111 $13,332
3-Bedroom $1,507 $18,084
4-Bedroom $1,866 $22,392

Recent 2-Bedroom FMR Trend

FY2019 $702 → FY2025 $1,111
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $841 $847 $1,111 $1,507 $1,866
FY2024 $783 $788 $1,035 $1,443 $1,756
FY2023 $663 $668 $879 $1,249 $1,497
FY2022 $593 $597 $786 $1,117 $1,345
FY2021 $561 $603 $775 $1,109 $1,342
FY2020 $502 $568 $721 $1,040 $1,235
FY2019 $476 $557 $702 $1,015 $1,223

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $89,200

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $18,750 $21,400 $25,820 $31,200 $36,580 $41,960
50% AMI (Very Low) $31,250 $35,700 $40,150 $44,600 $48,200 $51,750
80% AMI (Low) $49,950 $57,100 $64,250 $71,350 $77,100 $82,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$13,332/yr
FMR as % of Area Median Income
14.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,440/yr
$3,703/mo gross income

FY2024 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 $780 $892 $1,003 $1,204 $1,293
60% AMI Maximum $936 $1,070 $1,204 $1,445 $1,552

FY2024 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 $783 $788 $1,035 $1,443 $1,449
Low HOME Rent $781 $892 $1,003 $1,115 $1,205

Compare Meade 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

Related Pages