FY2026 Fair Market Rents — Union County
Studio
$651
1BR
$694
2BR
$911
3BR
$1,092
4BR
$1,206
Union County, Kentucky
FIPS 21225 · County-level FMR and income limit data
FMR Area: Union County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $651 | $7,812 |
| 1-Bedroom | $694 | $8,328 |
| 2-Bedroom | $911 | $10,932 |
| 3-Bedroom | $1,092 | $13,104 |
| 4-Bedroom | $1,206 | $14,472 |
To afford the FY2026 2-bedroom FMR of $911/mo under the 30%-of-income rule, a household needs about
$36,440/yr ($3,037/mo). Area Median Income is $76,600.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $651 | $694 | $911 | $1,092 | $1,206 |
| FY2025 | $636 | $674 | $884 | $1,065 | $1,172 |
| FY2024 | $629 | $694 | $868 | $1,050 | $1,156 |
| FY2023 | $541 | $611 | $746 | $908 | $1,002 |
| FY2022 | $482 | $553 | $674 | $839 | $914 |
| FY2021 | $475 | $553 | $663 | $887 | $926 |
| FY2020 | $448 | $538 | $631 | $869 | $979 |
FY2026 Income Limits
Area Median Income: $76,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $26,850 | $30,650 | $34,500 | $38,300 | $41,400 | $44,450 |
| 80% AMI | $42,950 | $49,050 | $55,200 | $61,300 | $66,250 | $71,150 |