HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Pike County, Kentucky (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Pike County is $977 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$977
FY 2026, utilities included
Payment standard range
$879 to $1,075
90% to 110% of FMR
Income to afford 2BR
$39,080
per year, at 30% of income
Rank in Kentucky
41st of 120
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Pike moves to $1,095. That's up 12%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Pike actually rent for?
Search any address in Pike for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $698 | $628 to $768 | $27,920 | $13.42/hr | -1.1% |
| 1 bedroom | $745 | $671 to $820 | $29,800 | $14.33/hr | -3.4% |
| 2 bedroom | $977 | $879 to $1,075 | $39,080 | $18.79/hr | -0.4% |
| 3 bedroom | $1,171 | $1,054 to $1,288 | $46,840 | $22.52/hr | -0.9% |
| 4 bedroom | $1,552 | $1,397 to $1,707 | $62,080 | $29.85/hr | +8.5% |
5 to 8 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 | $1,785 | $1,607 to $1,964 |
| 6 bedroom Estimate | $2,018 | $1,816 to $2,220 |
| 7 bedroom Estimate | $2,250 | $2,025 to $2,475 |
| 8 bedroom Estimate | $2,483 | $2,235 to $2,731 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Pike, that runs from $698 for a studio up to $1,552 for four bedrooms, all five rates in the table above.
Because Pike 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, Pikeville included.
Among Kentucky's 120 counties, Pike ranks 41st for two-bedroom FMR. That's about 9% above the state median of $900 and about 4% below the national median county at $1,018. About 58,196 people live here, 16th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $890 in 41531 (Hardy) and $1,020 in 41501 (Pikeville), with the 41 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 |
|---|---|---|---|
| 41501 | Pikeville | $1,020 | +4.4% |
| 41502 | Pikeville | $980 | +0.3% |
| 41503 | South Williamson | $980 | +0.3% |
| 41512 | Ashcamp | $910 | -6.9% |
| 41513 | Belcher | $900 | -7.9% |
| 41514 | Belfry | $980 | +0.3% |
| 41519 | Canada | $980 | +0.3% |
| 41520 | Dorton | $980 | +0.3% |
| 41522 | Elkhorn City | $900 | -7.9% |
| 41524 | Fedscreek | $980 | +0.3% |
| 41526 | Fords Branch | $980 | +0.3% |
| 41527 | Forest Hills | $980 | +0.3% |
| 41528 | Freeburn | $980 | +0.3% |
| 41531 | Hardy | $890 | -8.9% |
| 41534 | Hellier | $900 | -7.9% |
| 41535 | Huddy | $980 | +0.3% |
| 41538 | Jonancy | $900 | -7.9% |
| 41539 | Kimper | $1,010 | +3.4% |
| 41540 | Lick Creek | $980 | +0.3% |
| 41542 | Lookout | $980 | +0.3% |
| 41543 | Mc Andrews | $970 | -0.7% |
| 41544 | Mc Carr | $980 | +0.3% |
| 41547 | Majestic | $980 | +0.3% |
| 41548 | Mouthcard | $980 | +0.3% |
| 41549 | Myra | $980 | +0.3% |
| 41553 | Phelps | $980 | +0.3% |
| 41554 | Phyllis | $980 | +0.3% |
| 41555 | Pinsonfork | $910 | -6.9% |
| 41557 | Raccoon | $980 | +0.3% |
| 41558 | Ransom | $890 | -8.9% |
| 41559 | Regina | $960 | -1.7% |
| 41560 | Robinson Creek | $1,000 | +2.4% |
| 41561 | Rockhouse | $980 | +0.3% |
| 41562 | Shelbiana | $1,000 | +2.4% |
| 41563 | Shelby Gap | $890 | -8.9% |
| 41564 | Sidney | $980 | +0.3% |
| 41566 | Steele | $980 | +0.3% |
| 41567 | Stone | $980 | +0.3% |
| 41568 | Stopover | $980 | +0.3% |
| 41571 | Varney | $980 | +0.3% |
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 Pike somewhere between $879 and $1,075. 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.
$977 a month is affordable, by HUD's 30% rule, on an income of roughly $39,080 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($879) | HAP at 100% ($977) | HAP at 110% ($1,075) |
|---|---|---|---|---|
| $2,500 | $750 | $129 | $227 | $325 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 0% from FY 2025 ($981) to FY 2026 ($977). Since FY 2020 it's up 42% in total, about 6.0% a year. The Kentucky median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $532 | $535 | $690 | $860 | $1,054 | — |
| FY 2021 | $566 | $566 | $711 | $884 | $1,081 | +3.0% |
| FY 2022 | $510 | $582 | $697 | $862 | $1,069 | -2.0% |
| FY 2023 | $560 | $684 | $772 | $940 | $1,155 | +10.8% |
| FY 2024 | $660 | $784 | $911 | $1,102 | $1,324 | +18.0% |
| FY 2025 | $706 | $771 | $981 | $1,182 | $1,431 | +7.7% |
| FY 2026 | $698 | $745 | $977 | $1,171 | $1,552 | -0.4% |
| FY 2027 | $763 | $837 | $1,095 | $1,305 | $1,812 | +12.1% |
Nearby counties
Questions people ask
$977 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $698 for a studio, $745 for one bedroom, $1,171 for three and $1,552 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Pike actually go for?
HUD's number is one input. Search any address in Pike for a rent estimate built from nearby comps. 3 free searches, no card.
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