Daviess 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).

$1,1382-bedroom FMR, FY2027

$8701-bedroom FMR, FY2027

$73,70080% income limit, family of 4 (FY2026)

$92,100Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Daviess County is $1,138 a month, up 2.5% from $1,110 in FY2026. Daviess County belongs to the Owensboro, KY MSA 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 Daviess County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$864	$840	+2.9%	$778 – $950
1 bedroom	$870	$846	+2.8%	$783 – $957
2 bedrooms	$1,138	$1,110	+2.5%	$1,025 – $1,251
3 bedrooms	$1,507	$1,466	+2.8%	$1,357 – $1,657
4 bedrooms	$1,516	$1,470	+3.1%	$1,365 – $1,667

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 Daviess County that is typically $1,025 to $1,251 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?

$38,971median income of renter households

$918Median gross rent, all units

28%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 $38,971 can afford about $974 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,138 is $164 (16.8%) more than that. To rent a two-bedroom at the FMR, a household needs $45,520 a year under the 30% rule, or $40,968 under the common landlord rule that income must be three times the rent.

Daviess County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$918 ±$36
Median income of renter households	$38,971 ±$3,638
Renters paying 30% or more of income (cost-burdened)	41.8% ±4.5
Renters paying 50% or more (severely cost-burdened)	19.3% ±3.6
Renter households (where the share can be computed)	11,720

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$769	$918	+19.4%
Median renter household income	$31,375	$38,971	+24.2%
Renters paying 30%+ of income	45.5%	41.8%	−3.7 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 $1,000 to $1,230 depending on the ZIP code.

All 18 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
42301	$900	$910	$1,190	$1,580	$1,590
42302	$870	$880	$1,150	$1,520	$1,530
42303	$930	$940	$1,230	$1,630	$1,640
42304	$870	$880	$1,150	$1,520	$1,530
42322	$760	$770	$1,000	$1,320	$1,330
42327	$760	$770	$1,000	$1,320	$1,330
42330	$760	$770	$1,000	$1,320	$1,330
42348	$760	$770	$1,000	$1,320	$1,330
42350	$870	$870	$1,140	$1,510	$1,520
42351	$760	$790	$1,000	$1,320	$1,350
42352	$760	$770	$1,000	$1,320	$1,330
42355	$760	$770	$1,000	$1,320	$1,330
42356	$900	$910	$1,190	$1,580	$1,590
42366	$850	$860	$1,120	$1,480	$1,490
42371	$760	$770	$1,000	$1,320	$1,330
42372	$760	$770	$1,000	$1,320	$1,330
42376	$780	$790	$1,040	$1,370	$1,420
42378	$760	$770	$1,000	$1,320	$1,400

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

HUD income limits for Daviess County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $92,100 (FY2025: $86,200, +6.8%). 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%)	$19,400 +7.2%	$22,150 +4.7%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$32,250 +6.8%	$36,850 +6.8%	$41,450 +6.8%	$46,050 +6.8%	$49,750 +6.9%	$53,450 +6.9%	$57,150 +6.9%	$60,800 +6.9%
Low income (80%)	$51,600 +6.8%	$59,000 +6.9%	$66,350 +6.8%	$73,700 +6.9%	$79,600 +6.8%	$85,500 +6.9%	$91,400 +6.9%	$97,300 +6.9%

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.