Spencer County
FY 2026 HUD Fair Market Rents in Kentucky. Population: 19,549.
Fair Market Rents (2026)
Studio
National avg: $893
$966/mo
↓ 3.7% YoY
+8% vs US
1 Bedroom
National avg: $959
$1,047/mo
↓ 4.3% YoY
+9% vs US
2 Bedroom
National avg: $1,175
$1,272/mo
↓ 4.4% YoY
+8% vs US
3 Bedroom
National avg: $1,525
$1,625/mo
↓ 5.2% YoY
+7% vs US
4 Bedroom
National avg: $1,756
$1,891/mo
↓ 4.9% YoY
+8% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,003 | $966 | $-37 (-3.7%) |
| 1 Bedroom | $1,094 | $1,047 | $-47 (-4.3%) |
| 2 Bedroom | $1,330 | $1,272 | $-58 (-4.4%) |
| 3 Bedroom | $1,714 | $1,625 | $-89 (-5.2%) |
| 4 Bedroom | $1,989 | $1,891 | $-98 (-4.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$41,880
$3,490/month gross
Required annual income for 2 BR
$50,880
$4,240/month gross
Other Counties in Kentucky
Jackson County
1 BR: $660/mo
Knott County
1 BR: $683/mo
Bath County
1 BR: $668/mo
Menifee County
1 BR: $683/mo
Adair County
1 BR: $683/mo
Bracken County
1 BR: $1,051/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.