FY2026 Fair Market Rents — Floyd County
Studio
$646
1BR
$689
2BR
$904
3BR
$1,109
4BR
$1,212
Floyd County, Kentucky
FIPS 21071 · County-level FMR and income limit data
FMR Area: Floyd County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $646 | $7,752 |
| 1-Bedroom | $689 | $8,268 |
| 2-Bedroom | $904 | $10,848 |
| 3-Bedroom | $1,109 | $13,308 |
| 4-Bedroom | $1,212 | $14,544 |
To afford the FY2026 2-bedroom FMR of $904/mo under the 30%-of-income rule, a household needs about
$36,160/yr ($3,013/mo). Area Median Income is $60,700.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 96 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $646 | $689 | $904 | $1,109 | $1,212 |
| FY2025 | $650 | $688 | $903 | $1,088 | $1,197 |
| FY2024 | $636 | $668 | $878 | $1,062 | $1,169 |
| FY2023 | $551 | $577 | $760 | $925 | $1,026 |
| FY2022 | $482 | $512 | $674 | $833 | $993 |
| FY2021 | $475 | $503 | $663 | $825 | $1,046 |
| FY2020 | $454 | $488 | $631 | $810 | $1,059 |
FY2026 Income Limits
Area Median Income: $60,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $41,750 |
| 50% AMI | $25,200 | $28,800 | $32,400 | $35,950 | $38,850 | $41,750 |
| 80% AMI | $40,250 | $46,000 | $51,750 | $57,500 | $62,100 | $66,700 |