FY2026 Fair Market Rents — Hopkins County
Studio
$662
1BR
$686
2BR
$900
3BR
$1,163
4BR
$1,330
Hopkins County, Kentucky
FIPS 21107 · County-level FMR and income limit data
FMR Area: Hopkins County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $662 | $7,944 |
| 1-Bedroom | $686 | $8,232 |
| 2-Bedroom | $900 | $10,800 |
| 3-Bedroom | $1,163 | $13,956 |
| 4-Bedroom | $1,330 | $15,960 |
To afford the FY2026 2-bedroom FMR of $900/mo under the 30%-of-income rule, a household needs about
$36,000/yr ($3,000/mo). Area Median Income is $74,600.
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 | $662 | $686 | $900 | $1,163 | $1,330 |
| FY2025 | $657 | $700 | $919 | $1,172 | $1,310 |
| FY2024 | $628 | $695 | $913 | $1,176 | $1,319 |
| FY2023 | $551 | $622 | $819 | $1,072 | $1,183 |
| FY2022 | $473 | $534 | $702 | $944 | $1,054 |
| FY2021 | $523 | $531 | $700 | $943 | $996 |
| FY2020 | $463 | $494 | $651 | $878 | $941 |
FY2026 Income Limits
Area Median Income: $74,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,300 |
| 50% AMI | $26,150 | $29,850 | $33,600 | $37,300 | $40,300 | $43,300 |
| 80% AMI | $41,800 | $47,800 | $53,750 | $59,700 | $64,500 | $69,300 |