The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Louisville, KY-IN HUD Metro FMR Area, IN

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Louisville, KY-IN HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $878 to a high of $1,074, with an average of $976.
One-bedroom: One-bedroom rental prices vary, with a minimum of $969, a maximum of $1,185, and an average of $1,077.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,171, peaking at a maximum of $1,431, and averaging at $1,301.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,531, a maximum of $1,871, and an average of $1,701.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,760 to a maximum of $2,151, with an average of $1,955.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Louisville, KY-IN HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $878 $969 $1,171 $1,531 $1,760
Average Rent $976 $1,077 $1,301 $1,701 $1,955
High Rent(110%) $1,074 $1,185 $1,431 $1,871 $2,151
2024 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $878 $969 $1,171 $1,531 $1,760
Average Rent $976 $1,077 $1,301 $1,701 $1,955
High Rent (110%) $1,074 $1,185 $1,431 $1,871 $2,151
2023 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $698 $788 $947 $1,256 $1,442
Average Rent $776 $876 $1,052 $1,395 $1,602
High Rent(110%) $854 $964 $1,157 $1,535 $1,762
2023 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $698 $788 $947 $1,256 $1,442
Average Rent $776 $876 $1,052 $1,395 $1,602
High Rent (110%) $854 $964 $1,157 $1,535 $1,762
2022 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $621 $720 $864 $1,151 $1,321
Average Rent $690 $800 $960 $1,279 $1,468
High Rent(110%) $759 $880 $1,056 $1,407 $1,615
2022 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $621 $720 $864 $1,151 $1,321
Average Rent $690 $800 $960 $1,279 $1,468
High Rent (110%) $759 $880 $1,056 $1,407 $1,615
2021 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $584 $684 $826 $1,106 $1,267
Average Rent $649 $760 $918 $1,229 $1,408
High Rent(110%) $714 $836 $1,010 $1,352 $1,549
2021 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $584 $684 $826 $1,106 $1,267
Average Rent $649 $760 $918 $1,229 $1,408
High Rent (110%) $714 $836 $1,010 $1,352 $1,549
2020 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $553 $642 $785 $1,057 $1,198
Average Rent $614 $713 $872 $1,174 $1,331
High Rent(110%) $675 $784 $959 $1,291 $1,464
2020 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $553 $642 $785 $1,057 $1,198
Average Rent $614 $713 $872 $1,174 $1,331
High Rent (110%) $675 $784 $959 $1,291 $1,464
2019 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $542 $619 $768 $1,042 $1,176
Average Rent $602 $688 $853 $1,158 $1,307
High Rent(110%) $662 $757 $938 $1,274 $1,438
2019 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $542 $619 $768 $1,042 $1,176
Average Rent $602 $688 $853 $1,158 $1,307
High Rent (110%) $662 $757 $938 $1,274 $1,438
2018 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $520 $590 $739 $1,007 $1,133
Average Rent $578 $656 $821 $1,119 $1,259
High Rent(110%) $636 $722 $903 $1,231 $1,385
2018 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $520 $590 $739 $1,007 $1,133
Average Rent $578 $656 $821 $1,119 $1,259
High Rent (110%) $636 $722 $903 $1,231 $1,385
2017 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $496 $566 $714 $977 $1,107
Average Rent $551 $629 $793 $1,085 $1,230
High Rent(110%) $606 $692 $872 $1,194 $1,353
2017 Louisville, KY-IN HUD Metro FMR Area, IN Low Rent (90%) $496 $566 $714 $977 $1,107
Average Rent $551 $629 $793 $1,085 $1,230
High Rent (110%) $606 $692 $872 $1,194 $1,353


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