FY2026 Fair Market Rents — Lyon County
Studio
$619
1BR
$660
2BR
$866
3BR
$1,204
4BR
$1,453
Lyon County, Kentucky
FIPS 21143 · County-level FMR and income limit data
FMR Area: Lyon County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $619 | $7,428 |
| 1-Bedroom | $660 | $7,920 |
| 2-Bedroom | $866 | $10,392 |
| 3-Bedroom | $1,204 | $14,448 |
| 4-Bedroom | $1,453 | $17,436 |
To afford the FY2026 2-bedroom FMR of $866/mo under the 30%-of-income rule, a household needs about
$34,640/yr ($2,887/mo). Area Median Income is $91,700.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 92 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $619 | $660 | $866 | $1,204 | $1,453 |
| FY2025 | $624 | $661 | $867 | $1,089 | $1,456 |
| FY2024 | $627 | $658 | $865 | $1,086 | $1,468 |
| FY2023 | $560 | $598 | $772 | $940 | $1,315 |
| FY2022 | $504 | $536 | $705 | $871 | $956 |
| FY2021 | $475 | $524 | $663 | $825 | $901 |
| FY2020 | $448 | $510 | $631 | $851 | $856 |
FY2026 Income Limits
Area Median Income: $91,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,250 | $22,000 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 |
| 80% AMI | $51,350 | $58,700 | $66,050 | $73,350 | $79,250 | $85,100 |