FY2027 Small Area FMR · Louisville, KY

ZIP 40219 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40219 (Louisville, KY) is $1,230 a month, unchanged from FY2026. That is 4% below the Louisville, KY-IN area-wide FMR of $1,276.

2-bedroom SAFMR$1,230per month ■ 0.0%

Area-wide 2 BR FMR$1,276Louisville, KY-IN

Rank in the area69thof 130 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$940▲ 1.1%

1 BR$1,020▲ 1.0%

2 BR$1,230■ 0.0%

3 BR$1,570■ 0.0%

4 BR$1,810▼ 1.1%

FY2027 FY2026

Where 40219 sits in the Louisville, KY-IN area

Of the 130 ZIP codes HUD lists for the area, 40219 has the 69th highest two-bedroom Small Area FMR. Louisville, KY-IN is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,107 and $1,353 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$940	$846 – $1,034	$976	$930
1 bedroom	$1,020	$918 – $1,122	$1,058	$1,010
2 bedrooms	$1,230	$1,107 – $1,353	$1,276	$1,230
3 bedrooms	$1,570	$1,413 – $1,727	$1,629	$1,570
4 bedrooms	$1,810	$1,629 – $1,991	$1,874	$1,830

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $99,000 and the 80% low-income limit for four people is $79,200. ZIP code 40219 lies mainly in Jefferson County. See the Louisville, KY-IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40213	Louisville	3.2 mi	$1,110
40228	Louisville	3.3 mi	$1,580
40221	Louisville	3.4 mi	$1,300
40218	Louisville	3.8 mi	$1,320
40231	Louisville	3.9 mi	$1,300
40229	Louisville	3.9 mi	$1,480

Questions

What is the Fair Market Rent for ZIP code 40219?

HUD's FY2027 Small Area Fair Market Rents for 40219 are $940 (studio), $1,020 (1 BR), $1,230 (2 BR), $1,570 (3 BR) and $1,810 (4 BR) a month.

What is the Section 8 payment standard in 40219?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40219 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 40219?

The FY2026 income limits of the Louisville, KY-IN area apply: median family income $99,000, low-income (80%) limit $79,200 for a family of four.