County FMR · HUD FY2026
Anderson County Fair Market Rent
HUD's FY2026 Fair Market Rent for Anderson County, KY - 1% below the US average.
- $951
- 1-bedroom FMR
- $1,042
- 2-bedroom FMR
- +5.5%
- YoY change
- -1%
- vs US avg
The verdict
Anderson is the 35th most expensive of 120 counties in Kentucky by 2-bedroom FMR; rent here has climbed 5.5% since FY 2025, a modest shift relative to most counties.
- #35
- most expensive of 120 in Kentucky (2BR)
- +20%
- vs the state average
- $38,040
- income to afford it (30% rule)
- +5.5%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (10.7%), while Fast Food and Counter Workers spend the most (42%).
FY 2026 HUD Fair Market Rent for Anderson County, KY. Verify with HUD →
Anderson County, Kentucky carries an FY 2026 1-bedroom Fair Market Rent of $951 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $1,042/mo and a studio is $745/mo. That's 1% below the national benchmark of $959 and 20% above the Kentucky average of $794.
Rent increased5.5% from FY 2025 ($901), outpacing inflation. To afford rent here, a household needs at least $38,040/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in Kentucky. Population: 23,839. Population grew 8.5% over the past five years (Census ACS) - among the faster-growing counties nationally, a trend that typically adds upward pressure on rents. That's faster than Kentucky's statewide growth of +1.6% over the same period.
What these rents mean for Anderson County
The Anderson County FMR area applies to all ZIP codes inside the county boundary, and Kentucky's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.
Compared to the rest of the country, a 1-bedroom here is 1% below the US average of $959 and 20% higher than the Kentucky state average of $794. The 1-bedroom FMR went from$901 in FY 2025 to $951 in FY 2026 - a change of +5.5%, which outpaces typical consumer inflation.
At the FY 2026 1-bedroom FMR of $951, affording it under the 30%-of-income rule takes $38,040 per year (about $3,170/month) in household income, and a 2-bedroom at $1,042 pushes that threshold even higher. With a population of 23,839 and a county median household income of $71,747, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $718 | $745 | +$27 (+3.8%) |
| 1 Bedroom | $901 | $951 | +$50 (+5.5%) |
| 2 Bedroom | $998 | $1,042 | +$44 (+4.4%) |
| 3 Bedroom | $1,372 | $1,323 | $-49 (-3.6%) |
| 4 Bedroom | $1,375 | $1,454 | +$79 (+5.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Anderson County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Anderson County 2-bedroom rent burden
Where Anderson sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,042 higher than 52% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Anderson compares on 1-bedroom rent
1-bedroom FMR vs other Kentucky counties
- Fayette
Fayette County
$1,079 1BR FMR / mo
- Kenton
Kenton County
$1,051 1BR FMR / mo
- Boone
Boone County
$1,051 1BR FMR / mo
- Jefferson
Jefferson County
$1,047 1BR FMR / mo
- Warren
Warren County
$985 1BR FMR / mo
- Anderson
Anderson County
$951 1BR FMR / mo
- Hardin
Hardin County
$846 1BR FMR / mo
What this shows Anderson is highlighted. Nearby Kentucky counties by 1-bedroom FMR, highest to lowest: Fayette County ($1,079), Kenton County ($1,051), Boone County ($1,051), Jefferson County ($1,047), Warren County ($985), Anderson County (this county) ($951), Hardin County ($846).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $951/mo compares to Kentucky salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | KY Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $106,200 | 10.7% | Affordable |
| Registered Nurses | $79,910 | 14.3% | Affordable |
| General & Operations Managers | $77,150 | 14.8% | Affordable |
| Accountants & Auditors | $72,220 | 15.8% | Affordable |
| Police & Sheriff's Patrol Officers | $60,230 | 18.9% | Affordable |
| Electricians | $59,490 | 19.2% | Affordable |
| Elementary School Teachers | $57,980 | 19.7% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $55,590 | 20.5% | Affordable |
| Paralegals & Legal Assistants | $49,000 | 23.3% | Affordable |
| Pharmacy Technicians | $37,630 | 30.3% | Stretched |
| Customer Service Representatives | $37,580 | 30.4% | Stretched |
| Janitors & Cleaners | $30,470 | 37.5% | Stretched |
| Retail Salespersons | $29,450 | 38.8% | Stretched |
| Teaching Assistants | $29,220 | 39.1% | Stretched |
| Fast Food & Counter Workers | $27,170 | 42% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Anderson County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Anderson (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 51.0% overall, from $630 to $951. Most of that movement was gradual except for a single sharp jump of +18.0% in FY 2024, well above this county's typical year-to-year change.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑5.5% | $745 | $951 | $1,042 |
| FY 2025 ↑5.5% | $718 | $901 | $998 |
| FY 2024 ↑18.0% | $695 | $854 | $959 |
| FY 2023 ↑12.2% | $601 | $724 | $829 |
| FY 2022 ↑1.6% | $536 | $645 | $749 |
| FY 2021 ↑0.8% | $536 | $635 | $748 |
| FY 2020 | $517 | $630 | $728 |
Part of the Frankfort, KY Micro Area
Anderson County is a outlying county of the Frankfort, KY micropolitan statistical area, alongside 1 other micro-area county.
Anderson County ranks #1 of 2 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Anderson County (this county) ($951), Franklin County ($859).
Nearby Counties in Kentucky
Largest counties by population in Kentucky
Frequently Asked Questions
What is the average rent in Anderson County? ▼
How does Anderson County rent compare to the national average? ▼
What income do I need to afford rent in Anderson County? ▼
Is rent going up or down in Anderson County? ▼
Which jobs can afford rent in Anderson County? ▼
How much has rent changed in Anderson County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Anderson County? ▼
What does Fair Market Rent mean for Anderson County? ▼
What this means for renters
Treat Anderson's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $951 implies about $38,040/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Anderson can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.