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

The HUD Fair Market Rent for a 2-bedroom unit in Nelson County, KY HUD Metro FMR Area is $1,016 per month for fiscal year 2026. The studio FMR is $770, 1-bedroom is $781, 3-bedroom is $1,360, and 4-bedroom is $1,704.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $40,640 per year ($3,387 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,016 in Nelson County, KY HUD Metro FMR Area.

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

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

Studio

$770

1BR

$781

2BR

$1,016

3BR

$1,360

4BR

$1,704

Hours/week at min wage

108 hrs

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

National rank

#534

of 661 U.S. metros (top 82% most expensive)

Voucher payment standard

$914–$1,118

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

Nelson 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)	$770	$9,240
1-Bedroom	$781	$9,372
2-Bedroom	$1,016	$12,192
3-Bedroom	$1,360	$16,320
4-Bedroom	$1,704	$20,448

FY2026 Income Limits

Area Median Income (AMI): $87,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,350	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,550	$34,900	$39,250	$43,600	$47,100	$50,600
80% AMI (Low)	$48,850	$55,800	$62,800	$69,750	$75,350	$80,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,192/yr

FMR as % of Area Median Income

14% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$40,640/yr

$3,387/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	$762	$872	$981	$1,177	$1,264
60% AMI Maximum	$915	$1,046	$1,177	$1,412	$1,517

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	$770	$781	$1,016	$1,360	$1,417
Low HOME Rent	$763	$872	$981	$1,090	$1,177

Compare Nelson 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

Nelson County