Section 8 Fair Market Rent (FMR) for ZIP 41044 - 2027

Location: Robertson County, KY | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area

Investment Score for ZIP 41044

N/A

Monthly Rent (2BR)

$1,260

Median Price (2BR)

$N/A

1% Rule

Annual Yield

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$910
1 Bedroom	$990
2 Bedrooms	$1,260
3 Bedrooms	$1,590
4 Bedrooms	$1,860
5 Bedrooms	$2,158
6 Bedrooms	$2,417
7 Bedrooms	$2,610
8 Bedrooms	$2,741

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
3BR	$1,590	$220,572	0.72%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,263

Median Household Income

$54,406

Housing Units

468

Renter Percentage

27.1%

Occupancy Rate

82.7%

Renter Occupied

105

ZIP code 41044, located in Kentucky, is a residential area that offers a mix of rental and homeownership opportunities. The local real estate market is influenced by factors such as the Fair Market Rent (FMR) set by HUD and the average market rent as reported by the Census Bureau.

The Fair Market Rent for ZIP 41044 for fiscal year 2024 is set at $990. This figure represents the maximum amount that a landlord can charge for a rental unit under the Section 8 Housing Choice Voucher program.
The average market rent for the area, as per the latest Census American Community Survey (ACS), is $965. This indicates that the actual rents charged in the market are slightly below the FMR, which could suggest a balanced rental market.
The median home value in ZIP 41044 is $208,623. This relatively low median home value might appeal to first-time buyers and investors looking for affordable entry points.
Renters make up 27.1% of the population in this ZIP code, indicating a significant but not overwhelming share of the housing market dedicated to rentals. This suggests a stable demand for rental properties.
The median household income in the area is $54,406. This income level provides insight into the financial capabilities of potential tenants and homeowners, suggesting a moderate income bracket.

Synthesizing these data points, investors in ZIP 41044 can expect a rental market that closely aligns with government guidelines, offering steady returns without excessive risk. With a median home value of $208,623 and a median income of $54,406, the area supports both rental and homeownership investments. However, the 27.1% renter share implies a competitive market for rental properties, necessitating well-maintained units to attract tenants. The slight difference between the FMR and market rent suggests a market that is responsive to economic conditions, making it important for investors to stay informed about local trends and adjust their strategies accordingly.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.