Allen County, KY: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0192-bedroom FMR, FY2027

$7791-bedroom FMR, FY2027

$64,65080% income limit, family of 4 (FY2026)

$80,800Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Allen County is $1,019 a month, up 2.3% from $996 in FY2026. Allen County belongs to the Allen County, KY HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Allen County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$774	$759	+2.0%	$697 – $851
1 bedroom	$779	$759	+2.6%	$702 – $856
2 bedrooms	$1,019	$996	+2.3%	$918 – $1,120
3 bedrooms	$1,293	$1,224	+5.6%	$1,164 – $1,422
4 bedrooms	$1,624	$1,520	+6.8%	$1,462 – $1,786

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Allen County that is typically $918 to $1,120 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$33,966median income of renter households

$844Median gross rent, all units

30%Rent-to-income ratio (median rent ÷ median renter income)

42%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $33,966 can afford about $849 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,019 is $170 (20.0%) more than that. To rent a two-bedroom at the FMR, a household needs $40,760 a year under the 30% rule, or $36,684 under the common landlord rule that income must be three times the rent.

Allen County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$844 ±$76
Median income of renter households	$33,966 ±$10,033
Renters paying 30% or more of income (cost-burdened)	42.1% ±12.0
Renters paying 50% or more (severely cost-burdened)	13.7% ±5.6
Renter households (where the share can be computed)	1,749

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$677	$844	+24.7%
Median renter household income	$28,388	$33,966	+19.6%
Renters paying 30%+ of income	41.4%	42.1%	+0.7 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $920 to $1,410 depending on the ZIP code.

All 6 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
42120	$890	$930	$1,100	$1,420	$1,700
42122	$1,080	$1,200	$1,410	$1,690	$2,300
42133	$690	$700	$920	$1,230	$1,370
42134	$800	$970	$1,110	$1,480	$1,560
42153	$780	$790	$1,030	$1,310	$1,640
42164	$780	$790	$1,030	$1,310	$1,640

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Allen County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $80,800 (FY2025: $82,300, −1.8%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$17,000 +3.3%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$53,350 +3.1%
Very low income (50%)	$28,300 +3.1%	$32,350 +3.0%	$36,400 +3.3%	$40,400 +3.1%	$43,650 +3.1%	$46,900 +3.2%	$50,100 +3.0%	$53,350 +3.1%
Low income (80%)	$45,300 +3.2%	$51,750 +3.1%	$58,200 +3.1%	$64,650 +3.1%	$69,850 +3.1%	$75,000 +3.1%	$80,200 +3.2%	$85,350 +3.1%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.