FY2026 Fair Market Rents — Washington County
Studio
$664
1BR
$708
2BR
$929
3BR
$1,226
4BR
$1,323
Washington County, Kentucky
FIPS 21229 · County-level FMR and income limit data
FMR Area: Washington County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $664 | $7,968 |
| 1-Bedroom | $708 | $8,496 |
| 2-Bedroom | $929 | $11,148 |
| 3-Bedroom | $1,226 | $14,712 |
| 4-Bedroom | $1,323 | $15,876 |
To afford the FY2026 2-bedroom FMR of $929/mo under the 30%-of-income rule, a household needs about
$37,160/yr ($3,097/mo). Area Median Income is $83,500.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 99 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $664 | $708 | $929 | $1,226 | $1,323 |
| FY2025 | $666 | $705 | $925 | $1,114 | $1,266 |
| FY2024 | $657 | $690 | $907 | $1,097 | $1,295 |
| FY2023 | $563 | $590 | $776 | $944 | $1,213 |
| FY2022 | $484 | $524 | $676 | $836 | $1,145 |
| FY2021 | $483 | $514 | $674 | $838 | $1,167 |
| FY2020 | $465 | $497 | $654 | $815 | $1,129 |
FY2026 Income Limits
Area Median Income: $83,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,800 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,650 | $33,850 | $38,100 | $42,300 | $45,700 | $49,100 |
| 80% AMI | $47,400 | $54,200 | $60,950 | $67,700 | $73,150 | $78,550 |