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

Fleming County, KY, KY

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 Fleming County, KY, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $554 to a high of $678, with an average of $616.
One-bedroom: One-bedroom rental prices vary, with a minimum of $656, a maximum of $802, and an average of $729.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $765, peaking at a maximum of $935, and averaging at $850.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $990, a maximum of $1,210, and an average of $1,100.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,106 to a maximum of $1,352, with an average of $1,229.

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 Fleming County, KY 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 Fleming County, KY, KY Low Rent (90%) $554 $656 $765 $990 $1,106
Average Rent $616 $729 $850 $1,100 $1,229
High Rent(110%) $678 $802 $935 $1,210 $1,352
2023 Fleming County, KY, KY Low Rent (90%) $484 $557 $668 $834 $1,081
Average Rent $538 $619 $742 $927 $1,201
High Rent (110%) $592 $681 $816 $1,020 $1,321
2022 Fleming County, KY, KY Low Rent (90%) $434 $466 $607 $750 $1,039
Average Rent $482 $518 $674 $833 $1,154
High Rent(110%) $530 $570 $741 $916 $1,269
2021 Fleming County, KY, KY Low Rent (90%) $428 $453 $597 $743 $1,023
Average Rent $475 $503 $663 $825 $1,137
High Rent (110%) $523 $553 $729 $908 $1,251
2020 Fleming County, KY, KY Low Rent (90%) $403 $431 $568 $707 $770
Average Rent $448 $479 $631 $786 $856
High Rent(110%) $493 $527 $694 $865 $942
2019 Fleming County, KY, KY Low Rent (90%) $399 $420 $556 $697 $759
Average Rent $443 $467 $618 $774 $843
High Rent (110%) $487 $514 $680 $851 $927
2018 Fleming County, KY, KY Low Rent (90%) $399 $419 $558 $725 $771
Average Rent $443 $466 $620 $805 $857
High Rent(110%) $487 $513 $682 $886 $943
2017 Fleming County, KY, KY Low Rent (90%) $401 $455 $558 $767 $779
Average Rent $446 $505 $620 $852 $866
High Rent (110%) $491 $556 $682 $937 $953


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