Section 8 Fair Market Rent (FMR) for ZIP 40077 - 2027

Location: Louisville, KY | Metro: Louisville, KY-IN HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$820
1 Bedroom$900
2 Bedrooms$1,100
3 Bedrooms$1,440
4 Bedrooms$1,640
5 Bedrooms$1,902
6 Bedrooms$2,130
7 Bedrooms$2,300
8 Bedrooms$2,415

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
678
Median Household Income
$73,333
Housing Units
321
Renter Percentage
28.7%
Occupancy Rate
84.7%
Renter Occupied
78

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.