County FMR · HUD FY2026
Henderson County Fair Market Rent
HUD's FY2026 Fair Market Rent for Henderson County, KY - 20% below the US average.
- $764
- 1-bedroom FMR
- $949
- 2-bedroom FMR
- -6.9%
- YoY change
- -20%
- vs US avg
The verdict
Henderson is the 46th most expensive of 120 counties in Kentucky by 2-bedroom FMR; rent here has fallen 6.9% since FY 2025, a modest shift relative to most counties.
- #46
- most expensive of 120 in Kentucky (2BR)
- -4%
- vs the state average
- $30,560
- income to afford it (30% rule)
- -6.9%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (8.6%), while Fast Food and Counter Workers spend the most (33.7%).
FY 2026 HUD Fair Market Rent for Henderson County, KY. Verify with HUD →
Henderson County, Kentucky carries an FY 2026 1-bedroom Fair Market Rent of $764 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $949/mo and a studio is $711/mo. That's 20% below the national benchmark of $959 and 4% below the Kentucky average of $794.
Rent decreased6.9% from FY 2025 ($821), declining against the trend. To afford rent here, a household needs at least $30,560/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in Kentucky. Population: 44,770. Population has held roughly steady over the past five years (-3.6%, Census ACS). That's slower than Kentucky's statewide growth of +1.6% over the same period.
What these rents mean for Henderson County
The Henderson 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 20% below the US average of $959 and 4% lower than the Kentucky state average of $794. The 1-bedroom FMR went from$821 in FY 2025 to $764 in FY 2026 - a change of -6.9%, which is unusual and suggests softening demand or revised HUD sampling.
At the FY 2026 1-bedroom FMR of $764, affording it under the 30%-of-income rule takes $30,560 per year (about $2,547/month) in household income, and a 2-bedroom at $949 pushes that threshold even higher. With a population of 44,770 and a county median household income of $58,239, 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 | $780 | $711 | $-69 (-8.8%) |
| 1 Bedroom | $821 | $764 | $-57 (-6.9%) |
| 2 Bedroom | $1,054 | $949 | $-105 (-10.0%) |
| 3 Bedroom | $1,300 | $1,220 | $-80 (-6.2%) |
| 4 Bedroom | $1,473 | $1,414 | $-59 (-4.0%) |
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 Henderson 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.
Henderson County 2-bedroom rent burden
Where Henderson sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$949 higher than 26% 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 Henderson 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
- Hardin
Hardin County
$846 1BR FMR / mo
- Henderson
Henderson County
$764 1BR FMR / mo
What this shows Henderson 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), Hardin County ($846), Henderson County (this county) ($764).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $764/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 | 8.6% | Affordable |
| Registered Nurses | $79,910 | 11.5% | Affordable |
| General & Operations Managers | $77,150 | 11.9% | Affordable |
| Accountants & Auditors | $72,220 | 12.7% | Affordable |
| Police & Sheriff's Patrol Officers | $60,230 | 15.2% | Affordable |
| Electricians | $59,490 | 15.4% | Affordable |
| Elementary School Teachers | $57,980 | 15.8% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $55,590 | 16.5% | Affordable |
| Paralegals & Legal Assistants | $49,000 | 18.7% | Affordable |
| Pharmacy Technicians | $37,630 | 24.4% | Affordable |
| Customer Service Representatives | $37,580 | 24.4% | Affordable |
| Janitors & Cleaners | $30,470 | 30.1% | Stretched |
| Retail Salespersons | $29,450 | 31.1% | Stretched |
| Teaching Assistants | $29,220 | 31.4% | Stretched |
| Fast Food & Counter Workers | $27,170 | 33.7% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Henderson County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Henderson (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 22.4% overall, from $624 to $764. The increases have been fairly steady year to year, with no single jump exceeding 10.2% (FY 2023).
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↓6.9% | $711 | $764 | $949 |
| FY 2025 ↓3.4% | $780 | $821 | $1,054 |
| FY 2024 ↑9.3% | $766 | $850 | $1,070 |
| FY 2023 ↑10.2% | $691 | $778 | $973 |
| FY 2022 ↑5.4% | $621 | $706 | $880 |
| FY 2021 ↑7.4% | $597 | $670 | $845 |
| FY 2020 | $565 | $624 | $793 |
Part of the Henderson, KY Micro Area
Henderson County is a central county of the Henderson, KY micropolitan statistical area, alongside 1 other micro-area county.
Henderson County ranks #1 of 2 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Henderson County (this county) ($764), Webster County ($660).
Nearby Counties in Kentucky
Largest counties by population in Kentucky
Frequently Asked Questions
What is the average rent in Henderson County? ▼
How does Henderson County rent compare to the national average? ▼
What income do I need to afford rent in Henderson County? ▼
Is rent going up or down in Henderson County? ▼
Which jobs can afford rent in Henderson County? ▼
How much has rent changed in Henderson County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Henderson County? ▼
What does Fair Market Rent mean for Henderson County? ▼
What this means for renters
Treat Henderson'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 $764 implies about $30,560/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 Henderson 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.