2026–27 Section 8 Rent Limits for 40514

Lexington, KY • Fayette County • Source: SAFMR

KY / Lexington

How much will Section 8 pay for rent in 40514?

HUD's FY2027 Small Area Fair Market Rents for 40514 (Lexington, KY), effective October 1, 2026, are $1,380 for a studio, $1,690 for 1 bedroom, $1,980 for 2 bedrooms, $2,720 for 3 bedrooms and $2,950 for 4 bedrooms a month. These are gross rents: rent plus any utilities the tenant pays.

Your housing authority turns these into its payment standard — the most the voucher counts toward rent — normally between 90% and 110% of HUD's figure, so about $1,782–$2,178 for a 2-bedroom here. Moving to Work agencies can set theirs outside that range. You usually pay about 30% of your adjusted income plus any amount the gross rent is above the payment standard, and at move-in your share can't exceed 40% of adjusted monthly income. Confirm the amount with your housing authority.

HUD Small Area FMRs by bedroom (FY2027)

Monthly gross rent figures published by HUD for 40514, effective October 1, 2026. They are the benchmark for payment standards, not a cap on the rent a landlord can charge.

Unit Size HUD figure (monthly)
Studio $1,380
1 Bedroom $1,690
2 Bedroom $1,980
3 Bedroom $2,720
4 Bedroom $2,950
Effective date: 2026-10-01. Always confirm with your local PHA.

Voucher amounts nationwide by unit size: Studio · 1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom

Do you qualify? See the Fayette County income limits for Section 8.

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