FY2026 Fair Market Rents — Ballard County
Studio
$800
1BR
$817
2BR
$1,072
3BR
$1,285
4BR
$1,640
Ballard County, Kentucky
FIPS 21007 · County-level FMR and income limit data
FMR Area: Ballard County, KY HUD Metro FMR Area
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 |
To afford the FY2026 2-bedroom FMR of $1,072/mo under the 30%-of-income rule, a household needs about
$42,880/yr ($3,573/mo). Area Median Income is $94,500.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 114 hours/week to afford that rent.
FY2026 Income Limits
Area Median Income: $94,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,950 | $35,400 | $39,800 | $44,250 | $47,750 | $51,300 |
| 80% AMI | $49,550 | $56,600 | $63,700 | $70,750 | $76,450 | $82,100 |