Location: Johnson County, KY | Metro: Johnson County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $750 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The ZIP code 41226, located within the Johnson County, KY metro area, has a Federal Market Rent (FMR) of $870 for fiscal year 2026. This figure serves as a benchmark for affordable housing subsidies and is indicative of the rental market dynamics in the area.
In comparison to other ZIP codes within Johnson County, KY, 41226 stands out due to its specific characteristics. The FMR of $870 suggests that it is likely a value pocket within the metro, offering relatively lower rental rates compared to the broader county average. This makes it an attractive location for tenants seeking affordable housing options.
However, the market rent and home value data for ZIP 41226 are currently unavailable. Despite this limitation, we can infer additional insights from the available data. With a 56.3% renter share, this ZIP code has a higher proportion of renters compared to many others in the county. A high renter share typically indicates a strong demand for rental properties, which is beneficial for landlords and small-portfolio investors.
The absence of market rent and home value data prevents a direct comparison with other ZIP codes in terms of price levels. Nonetheless, the high renter share combined with the lower FMR suggests that 41226 could be considered a sweet spot for Section 8 investments. Landlords and investors should note that while the FMR is set at $870, actual market rents might vary and could potentially be lower, enhancing the attractiveness of this ZIP code for subsidized housing programs.
To make informed decisions, it is crucial to consider the overall context of the Johnson County, KY metro area. The FMR serves as a minimum threshold for rental prices under Section 8, but the actual market conditions can influence the profitability and desirability of investing in this ZIP code. Given the high renter share and the likelihood of lower market rents, 41226 presents opportunities for those looking to capitalize on affordable housing trends.
For landlords and small-portfolio investors, the ZIP code 41226 offers a mix of affordability and demand, making it a strategic choice for rental properties. The high percentage of renters ensures a steady stream of potential tenants, particularly those who benefit from Section 8 subsidies, thereby providing a reliable income source.
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.