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

The HUD Fair Market Rent for a 2-bedroom unit in Ballard County, KY HUD Metro FMR Area is $1,072 per month for fiscal year 2026. The studio FMR is $800, 1-bedroom is $817, 3-bedroom is $1,285, and 4-bedroom is $1,640.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $42,880 per year ($3,573 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,072 in Ballard County, KY HUD Metro FMR Area.

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

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

Studio

$800

1BR

$817

2BR

$1,072

3BR

$1,285

4BR

$1,640

Hours/week at min wage

114 hrs

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

National rank

#491

of 661 U.S. metros (top 75% most expensive)

Voucher payment standard

$965–$1,179

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

Ballard 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)	$800	$9,600
1-Bedroom	$817	$9,804
2-Bedroom	$1,072	$12,864
3-Bedroom	$1,285	$15,420
4-Bedroom	$1,640	$19,680

FY2026 Income Limits

Area Median Income (AMI): $94,500

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,600	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,950	$35,400	$39,800	$44,250	$47,750	$51,300
80% AMI (Low)	$49,550	$56,600	$63,700	$70,750	$76,450	$82,100

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,864/yr

FMR as % of Area Median Income

13.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$42,880/yr

$3,573/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	$826	$945	$1,063	$1,275	$1,370
60% AMI Maximum	$992	$1,134	$1,275	$1,530	$1,644

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	$800	$817	$1,072	$1,285	$1,535
Low HOME Rent	$773	$885	$995	$1,106	$1,193

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

vs. Allen 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 vs. Carter County, KY HUD Metro FMR Area

Counties in This FMR Area

Ballard County