FY2026 Fair Market Rents — Carroll County
Studio
$696
1BR
$746
2BR
$974
3BR
$1,168
4BR
$1,290
Carroll County, Kentucky
FIPS 21041 · County-level FMR and income limit data
FMR Area: Carroll County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $696 | $8,352 |
| 1-Bedroom | $746 | $8,952 |
| 2-Bedroom | $974 | $11,688 |
| 3-Bedroom | $1,168 | $14,016 |
| 4-Bedroom | $1,290 | $15,480 |
To afford the FY2026 2-bedroom FMR of $974/mo under the 30%-of-income rule, a household needs about
$38,960/yr ($3,247/mo). Area Median Income is $79,300.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $696 | $746 | $974 | $1,168 | $1,290 |
| FY2025 | $653 | $761 | $908 | $1,139 | $1,273 |
| FY2024 | $616 | $757 | $850 | $1,198 | $1,329 |
| FY2023 | $538 | $657 | $742 | $1,055 | $1,192 |
| FY2022 | $482 | $592 | $674 | $957 | $1,047 |
| FY2021 | $475 | $582 | $663 | $898 | $901 |
| FY2020 | $458 | $527 | $644 | $871 | $874 |
FY2026 Income Limits
Area Median Income: $79,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,550 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,550 | $31,500 | $35,450 | $39,350 | $42,500 | $45,650 |
| 80% AMI | $44,100 | $50,400 | $56,700 | $62,950 | $68,000 | $73,050 |