FY2027 Fair Market Rent · Kentucky
McCreary County Fair Market Rent & Income Limits
HUD's FY2027 Fair Market Rent for a two-bedroom home in McCreary County, KY is $909 a month, up 5.0% from FY2026. The area median family income is $44,800, and a family of four counts as low income up to $57,500 a year.
Fair Market Rent by unit size
FY2027 FY2026
Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.
Check your household
Enter your household size and total yearly income before taxes to see which HUD income category it falls in for McCreary County, KY.
Low income (80% limit)
A household of 4 earning $55,500 is under the 80% limit of $57,500 for this area. At 30% of income it could pay about $1,388 a month for rent and utilities.
This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.
Income limits in McCreary County
HUD's FY2026 income limits for McCreary County, KY are based on a median family income of $44,800. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.
| People | Extremely low30% / poverty | Very low50% | 60% (LIHTC)MTSP | Low income80% |
|---|---|---|---|---|
| 1 | $15,960 | $25,200 | $30,240 | $40,250 |
| 2 | $21,640 | $28,800 | $34,560 | $46,000 |
| 3 | $27,320 | $32,400 | $38,880 | $51,750 |
| 4 | $33,000 | $35,950 | $43,140 | $57,500 |
| 5 | $38,680 | $38,850 | $46,620 | $62,100 |
| 6 | $41,750 | $41,750 | $50,100 | $66,700 |
| 7 | $44,600 | $44,600 | $53,520 | $71,300 |
| 8 | $47,500 | $47,500 | $57,000 | $75,900 |
Rent history
Since FY2017 the two-bedroom FMR here has gone from $620 to $909, up 46.6% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $282.
What it takes to afford the rent
To keep a two-bedroom rent of $909 at no more than 30% of income, the usual affordability rule, a household needs about $36,400 a year. That is 81% of the area median family income of $44,800, so the rent is within reach of a median family but not of a low-income one.
| Unit | FY2027 | FY2026 | FY2025 | Income to affordat 30% |
|---|---|---|---|---|
| Studio | $650 | $619 | $624 | $26,000 |
| 1 bedroom | $835 | $790 | $783 | $33,400 |
| 2 bedrooms | $909 | $866 | $867 | $36,400 |
| 3 bedrooms | $1,147 | $1,069 | $1,084 | $45,900 |
| 4 bedrooms | $1,270 | $1,209 | $1,194 | $50,800 |
How McCreary County compares
McCreary County is outside any metropolitan area, so HUD calculates a separate non-metro Fair Market Rent and income limits for the county itself.
McCreary County has the 99th highest two-bedroom Fair Market Rent of the 120 counties in Kentucky; the population-weighted average across Kentucky is $1,155 and the nationwide average is $1,751.
Small Area FMRs by ZIP code
HUD also publishes Small Area Fair Market Rents for each ZIP code. In McCreary County the two-bedroom figure ranges from $910 to $1,120 across 7 ZIP codes, against the area-wide $909. This area is not on HUD's list of mandatory Small Area FMR areas, so most agencies here use the area-wide FMR; an agency may still opt in to ZIP-level rents.
Questions
What is the Fair Market Rent in McCreary County, KY for 2027?
For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in McCreary County, KY are $650 for a studio, $835 for one bedroom, $909 for two bedrooms, $1,147 for three and $1,270 for four bedrooms, per month including utilities.
What is the area median income in McCreary County, KY?
HUD's FY2026 median family income for the area is $44,800, down 0.7% from $45,100 in FY2025.
What is 80% of AMI in McCreary County, KY for a family of 4?
The FY2026 low-income limit (80%) for a household of four is $57,500 a year. The very low-income limit (50%) is $35,950 and the extremely low-income limit is $33,000.
What is the 60% AMI limit for tax credit housing in McCreary County, KY?
Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $30,240 for one person and $43,140 for four.
Is the Fair Market Rent the same as the Section 8 payment standard?
No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $818 to $1,000), and can ask HUD for exceptions. Check the payment standard with your local housing agency.