FY2026 Fair Market Rents — Powell County
Studio
$619
1BR
$660
2BR
$866
3BR
$1,204
4BR
$1,453
Powell County, Kentucky
FIPS 21197 · County-level FMR and income limit data
FMR Area: Powell 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 $62,300.
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 | $1,215 | $1,456 |
| FY2024 | $625 | $656 | $862 | $1,201 | $1,215 |
| FY2023 | $566 | $637 | $781 | $1,027 | $1,049 |
| FY2022 | $590 | $594 | $714 | $932 | $968 |
| FY2021 | $571 | $575 | $693 | $891 | $942 |
| FY2020 | $458 | $530 | $644 | $817 | $874 |
FY2026 Income Limits
Area Median Income: $62,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $42,350 |
| 50% AMI | $25,600 | $29,250 | $32,900 | $36,500 | $39,450 | $42,350 |
| 80% AMI | $40,900 | $46,750 | $52,600 | $58,400 | $63,100 | $67,750 |