FY2026 Fair Market Rents — Anderson County
Studio
$745
1BR
$951
2BR
$1,042
3BR
$1,323
4BR
$1,454
Anderson County, Kentucky
FIPS 21005 · County-level FMR and income limit data
FMR Area: Anderson County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $745 | $8,940 |
| 1-Bedroom | $951 | $11,412 |
| 2-Bedroom | $1,042 | $12,504 |
| 3-Bedroom | $1,323 | $15,876 |
| 4-Bedroom | $1,454 | $17,448 |
To afford the FY2026 2-bedroom FMR of $1,042/mo under the 30%-of-income rule, a household needs about
$41,680/yr ($3,473/mo). Area Median Income is $96,300.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $745 | $951 | $1,042 | $1,323 | $1,454 |
| FY2025 | $718 | $901 | $998 | $1,372 | $1,375 |
| FY2024 | $695 | $854 | $959 | $1,299 | $1,304 |
| FY2023 | $601 | $724 | $829 | $1,112 | $1,116 |
| FY2022 | $536 | $645 | $749 | $1,012 | $1,016 |
| FY2021 | $536 | $635 | $748 | $1,018 | $1,022 |
| FY2020 | $517 | $630 | $728 | $983 | $986 |
FY2026 Income Limits
Area Median Income: $96,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,250 | $23,150 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,750 | $38,550 | $43,350 | $48,150 | $52,050 | $55,900 |
| 80% AMI | $53,950 | $61,650 | $69,350 | $77,050 | $83,250 | $89,400 |