FY2026 Fair Market Rents — Grant County
Studio
$823
1BR
$899
2BR
$1,155
3BR
$1,385
4BR
$1,678
Grant County, Kentucky
FIPS 21081 · County-level FMR and income limit data
FMR Area: Grant County, KY HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $823 | $9,876 |
| 1-Bedroom | $899 | $10,788 |
| 2-Bedroom | $1,155 | $13,860 |
| 3-Bedroom | $1,385 | $16,620 |
| 4-Bedroom | $1,678 | $20,136 |
To afford the FY2026 2-bedroom FMR of $1,155/mo under the 30%-of-income rule, a household needs about
$46,200/yr ($3,850/mo). Area Median Income is $87,000.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 123 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $823 | $899 | $1,155 | $1,385 | $1,678 |
| FY2025 | $759 | $848 | $1,098 | $1,323 | $1,599 |
| FY2024 | $661 | $742 | $975 | $1,179 | $1,552 |
| FY2023 | $614 | $811 | $916 | $1,160 | $1,494 |
| FY2022 | $672 | $728 | $829 | $1,168 | $1,419 |
| FY2021 | $639 | $690 | $786 | $1,125 | $1,361 |
| FY2020 | $629 | $649 | $776 | $1,119 | $1,362 |
FY2026 Income Limits
Area Median Income: $87,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,300 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,450 | $34,800 | $39,150 | $43,500 | $47,000 | $50,500 |
| 80% AMI | $48,750 | $55,700 | $62,650 | $69,600 | $75,200 | $80,750 |