HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Knott County, Kentucky (FY 2027)
$983 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Knott County, and it's the baseline every voucher in Knott is measured against.
Two-bedroom FMR
$983
+13.5% from FY 2026
Payment standard
$885–$1,081
90% to 110% of the FMR, two-bedroom
Income to afford
$39,320
a year, with rent at 30% of income
Rank in Kentucky
50th of 120
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $702 | $632–$772 | $28,080 | $13.50/hr | +13.4% |
| 1 bedroom | $784 | $706–$862 | $31,360 | $15.08/hr | +14.8% |
| 2 bedroom | $983 | $885–$1,081 | $39,320 | $18.90/hr | +13.5% |
| 3 bedroom | $1,171 | $1,054–$1,288 | $46,840 | $22.52/hr | +12.8% |
| 4 bedroom | $1,374 | $1,237–$1,511 | $54,960 | $26.42/hr | +13.6% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,580 | $1,422–$1,738 |
| 6 bedroom Estimate | $1,786 | $1,607–$1,965 |
| 7 bedroom Estimate | $1,992 | $1,793–$2,191 |
| 8 bedroom Estimate | $2,198 | $1,978–$2,418 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Knott actually rent for?
Search any address in Knott for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Knott somewhere between $885 and $1,081. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$983 a month is affordable, by HUD's 30% rule, on an income of roughly $39,320 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$885 | Voucher pays at 100%$983 | Voucher pays at 110%$1,081 |
|---|---|---|---|---|
| $2,500 | $750 | $135 | $233 | $331 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 14% from FY 2026 ($866) to FY 2027 ($983). Since FY 2020 it's up 56% in total, about 6.5% a year. The Kentucky median moved up 3% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $448 | $495 | $631 | $848 | $855 | — |
| FY 2021 | $475 | $515 | $663 | $896 | $899 | +5.1% |
| FY 2022 | $482 | $592 | $674 | $955 | $1,002 | +1.7% |
| FY 2023 | $643 | $657 | $742 | $1,017 | $1,071 | +10.1% |
| FY 2024 | $659 | $663 | $850 | $1,105 | $1,174 | +14.6% |
| FY 2025 | $673 | $677 | $867 | $1,045 | $1,149 | +2.0% |
| FY 2026 | $619 | $683 | $866 | $1,038 | $1,209 | -0.1% |
| FY 2027In effect | $702 | $784 | $983 | $1,171 | $1,374 | +13.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Knott, that runs from $702 for a studio up to $1,374 for four bedrooms, all five rates in the table above.
Because Knott sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Carrie included.
Among Kentucky's 120 counties, Knott ranks 50th for two-bedroom FMR. That's about 6% above the state median of $925 and about 8% below the national median county at $1,063. About 13,830 people live here, 79th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $910 in 41862 (Topmost) and $1,100 in 41839 (Mousie), with the 18 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 41725 | Carrie | $980 | -0.3% |
| 41740 | Emmalena | $980 | -0.3% |
| 41743 | Fisty | $980 | -0.3% |
| 41759 | Sassafras | $950 | -3.4% |
| 41772 | Vest | $980 | -0.3% |
| 41817 | Garner | $980 | -0.3% |
| 41822 | Hindman | $980 | -0.3% |
| 41828 | Kite | $980 | -0.3% |
| 41831 | Leburn | $980 | -0.3% |
| 41834 | Littcarr | $980 | -0.3% |
| 41836 | Mallie | $1,010 | +2.7% |
| 41839 | Mousie | $1,100 | +11.9% |
| 41843 | Pine Top | $980 | -0.3% |
| 41844 | Pippa Passes | $980 | -0.3% |
| 41847 | Redfox | $980 | -0.3% |
| 41859 | Dema | $980 | -0.3% |
| 41861 | Raven | $980 | -0.3% |
| 41862 | Topmost | $910 | -7.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Knott.
Letcher County
14 mi · 20,808 people
$909
-8%
Floyd County
16 mi · 35,224 people
$925
-6%
Perry County
17 mi · 27,499 people
$1,010
+3%
Breathitt County
24 mi · 13,276 people
$909
-8%
Magoffin County
25 mi · 11,348 people
$909
-8%
Leslie County
31 mi · 10,079 people
$909
-8%
Pike County
33 mi · 56,727 people
$1,095
+11%
Johnson County
36 mi · 22,334 people
$909
-8%
Questions people ask
$983 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $702 for a studio, $784 for one bedroom, $1,171 for three and $1,374 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Knott actually go for?
HUD's number is one input. Search any address in Knott for a rent estimate built from nearby comps. Free to start, no card.
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