Pike 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).

$1,0952-bedroom FMR, FY2027

$8371-bedroom FMR, FY2027

$57,50080% income limit, family of 4 (FY2026)

$66,500Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Pike County is $1,095 a month, up 12.1% from $977 in FY2026. Pike County belongs to the Pike County, KY FMR area (non-metro county), 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 Pike County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$763	$698	+9.3%	$687 – $839
1 bedroom	$837	$745	+12.3%	$754 – $920
2 bedrooms	$1,095	$977	+12.1%	$986 – $1,204
3 bedrooms	$1,305	$1,171	+11.4%	$1,175 – $1,435
4 bedrooms	$1,812	$1,552	+16.8%	$1,631 – $1,993

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 Pike County that is typically $986 to $1,204 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?

$24,692median income of renter households

$858Median gross rent, all units

42%Rent-to-income ratio (median rent ÷ median renter income)

48%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $24,692 can afford about $617 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,095 is $478 (77.4%) more than that. To rent a two-bedroom at the FMR, a household needs $43,800 a year under the 30% rule, or $39,420 under the common landlord rule that income must be three times the rent.

Pike County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$858 ±$63
Median income of renter households	$24,692 ±$4,568
Renters paying 30% or more of income (cost-burdened)	47.6% ±3.6
Renters paying 50% or more (severely cost-burdened)	26.3% ±5.0
Renter households (where the share can be computed)	4,154

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$665	$858	+29.0%
Median renter household income	$19,837	$24,692	+24.5%
Renters paying 30%+ of income	51.4%	47.6%	−3.8 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.

HUD income limits for Pike County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $66,500 (FY2025: $63,000, +5.6%). 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%)	$15,960 +2.0%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$41,750 +1.5%	$44,600 +1.4%	$47,500 +1.5%
Very low income (50%)	$25,200 +1.4%	$28,800 +1.4%	$32,400 +1.4%	$35,950 +1.4%	$38,850 +1.4%	$41,750 +1.5%	$44,600 +1.4%	$47,500 +1.5%
Low income (80%)	$40,250 +1.4%	$46,000 +1.3%	$51,750 +1.4%	$57,500 +1.4%	$62,100 +1.4%	$66,700 +1.4%	$71,300 +1.4%	$75,900 +1.4%

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.