Kentucky · HUD FY2026 Fair Market Rents · Updated

Rent in Floyd County, KY

HUD puts rent for a two-bedroom in Floyd County, KY at $904 a month for 2026, and a one-bedroom at $689. Keeping the two-bedroom under 30% of income takes $17.38 an hour full time, or $36,160 a year. The typical household there would spend 26.3% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $925 (up 2.3%).

Rent in Floyd County, KY at a glance

2-bedroom rent (HUD)

$904$10,848 a year · HUD fiscal year 2026From October 1, 2026: $925 (+2.3%)
Studio$646$12/hr needed
1 bedroom$689$13/hr needed
Wage a 2-bedroom takes$17.38an hour, 40 hours a week
3 bedrooms$1,109$21/hr needed

How much rent can you afford in Floyd County, KY?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$904Monthly market rent
Share of gross income26.3%Recommended max: 30%
Annual income needed$36,160To meet the 30% standard
Max affordable rent$1,032At 30% of $41,279
0%30% (Affordability standard)100%
Compare against:

Rent in Floyd County, KY by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Floyd County, KY, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$646$7,752$25,840$12.42/hr
1 bedroom$689$8,268$27,560$13.25/hr
2 bedroomsMost searched$904$10,848$36,160$17.38/hr
3 bedrooms$1,109$13,308$44,360$21.33/hr
4 bedrooms$1,212$14,544$48,480$23.31/hr

Cost of living in Floyd County, KY: income, prices and a budget →

Rent in Floyd County, KY: common questions

How much is rent going up in Floyd County, KY in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $925 for a two-bedroom, up 2.3% from $904. A one-bedroom goes from $689 to $707, a studio from $646 to $661.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Floyd County, KY?

HUD's Fair Market Rent for 2026 is $689 for a one-bedroom and $904 for a two-bedroom, utilities included. That is $10,848 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Floyd County, KY?

To keep a $904 two-bedroom at 30% of gross pay, one full-time worker needs $17.38 an hour, or $36,160 a year. A one-bedroom at $689 takes $13.25 an hour.

How much is a 1, 2 or 3-bedroom apartment in Floyd County, KY?

At HUD's 2026 Fair Market Rent: studio $646, one bedroom $689, two $904, three $1,109 and four $1,212 a month.

Is rent affordable in Floyd County, KY?

For the typical household, earning $41,279 a year ($3,440 a month, Census ACS), a two-bedroom at $904 takes 26.3% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($904 × 12) ÷ 0.30 = $36,160. Divided by 2,080 working hours, that is $17.38 an hour.