FY2026 Fair Market Rents — Boyle County
Studio
$693
1BR
$698
2BR
$913
3BR
$1,200
4BR
$1,351
Boyle County, Kentucky
FIPS 21021 · County-level FMR and income limit data
FMR Area: Boyle County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $693 | $8,316 |
| 1-Bedroom | $698 | $8,376 |
| 2-Bedroom | $913 | $10,956 |
| 3-Bedroom | $1,200 | $14,400 |
| 4-Bedroom | $1,351 | $16,212 |
To afford the FY2026 2-bedroom FMR of $913/mo under the 30%-of-income rule, a household needs about
$36,520/yr ($3,043/mo). Area Median Income is $80,700.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $693 | $698 | $913 | $1,200 | $1,351 |
| FY2025 | $660 | $665 | $872 | $1,162 | $1,391 |
| FY2024 | $702 | $706 | $928 | $1,225 | $1,461 |
| FY2023 | $590 | $618 | $813 | $1,097 | $1,327 |
| FY2022 | $540 | $574 | $755 | $1,030 | $1,284 |
| FY2021 | $531 | $562 | $740 | $1,015 | $1,281 |
| FY2020 | $507 | $541 | $713 | $974 | $1,165 |
FY2026 Income Limits
Area Median Income: $80,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,250 | $32,300 | $36,350 | $40,350 | $43,600 | $46,850 |
| 80% AMI | $45,200 | $51,650 | $58,100 | $64,550 | $69,750 | $74,900 |