Section 8 Fair Market Rent (FMR) for ZIP 41064 - 2027

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

Investment Score for ZIP 41064

Monthly Rent (2BR)

$1,010

Median Price (2BR)

$153,142

1% Rule

0.66%

Annual Yield

7.91%

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	$730
1 Bedroom	$780
2 Bedrooms	$1,010
3 Bedrooms	$1,280
4 Bedrooms	$1,430
5 Bedrooms	$1,659
6 Bedrooms	$1,858
7 Bedrooms	$2,007
8 Bedrooms	$2,107

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
2BR	$1,010	$153,142	0.66%	D
3BR	$1,280	$190,192	0.67%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,161

Median Household Income

$51,094

Housing Units

920

Renter Percentage

18.0%

Occupancy Rate

89.5%

Renter Occupied

148

The ZIP code 41064, located in Mount Olivet, KY, offers a stable real estate market with opportunities for both landlords and small-portfolio investors. This region is characterized by its modest housing values and rental rates, providing a realistic investment landscape that aligns well with local economic conditions.

The Fair Market Rent (FMR) for ZIP 41064 in fiscal year 2024 is set at $990, indicating the government's benchmark for affordable rental rates in the area.
The market rent, according to the latest Census American Community Survey (ACS), stands at $559, which is significantly below the FMR, suggesting that there is room for price adjustments to meet the local demand.
The median home value in the area is $197,459, reflecting a relatively affordable housing market compared to national averages.
Renters make up 18.0% of the population, a figure that suggests a moderate demand for rental properties but also indicates that homeownership remains prevalent.
The median household income is $51,094, which can influence the affordability of both renting and owning homes in the area.
Note that the Days on Market (DOM) data is currently unavailable, making it difficult to assess the speed at which properties sell or lease.

Investors considering Mount Olivet, KY, should recognize that while the area provides a modest yet stable market for real estate, the discrepancy between the FMR and the actual market rent could present an opportunity to increase rental yields. The prevalence of homeownership, alongside the median income levels, implies a balanced market where both buying and renting can be viable strategies. However, the lack of DOM data means that investors will need to rely on other metrics to gauge the local real estate activity and potential for quick turnover.

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.