Franklin County
FY 2026 HUD Fair Market Rents in Kentucky. Population: 51,475.
Fair Market Rents (2026)
Studio
National avg: $893
$747/mo
↑ 0.8% YoY
-16% vs US
1 Bedroom
National avg: $959
$859/mo
↑ 2.4% YoY
-10% vs US
2 Bedroom
National avg: $1,175
$1,083/mo
↑ 1.8% YoY
-8% vs US
3 Bedroom
National avg: $1,525
$1,410/mo
↑ 0.9% YoY
-8% vs US
4 Bedroom
National avg: $1,756
$1,680/mo
↑ 0.6% YoY
-4% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $741 | $747 | +$6 (+0.8%) |
| 1 Bedroom | $839 | $859 | +$20 (+2.4%) |
| 2 Bedroom | $1,064 | $1,083 | +$19 (+1.8%) |
| 3 Bedroom | $1,397 | $1,410 | +$13 (+0.9%) |
| 4 Bedroom | $1,670 | $1,680 | +$10 (+0.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$34,360
$2,863/month gross
Required annual income for 2 BR
$43,320
$3,610/month gross
Other Counties in Kentucky
Gallatin County
1 BR: $1,051/mo
Livingston County
1 BR: $960/mo
Garrard County
1 BR: $821/mo
Scott County
1 BR: $1,079/mo
Breckinridge County
1 BR: $690/mo
Barren County
1 BR: $662/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.