Madison County, KY · FY2026 area median income $85,800 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $300 | $450 | $601 | $751 | $901 | $1,051 | $1,202 |
| 1BR | $322 | $483 | $644 | $805 | $966 | $1,127 | $1,288 |
| 2BR | $386 | $579 | $773 | $966 | $1,159 | $1,352 | $1,546 |
| 3BR | $446 | $669 | $892 | $1,115 | $1,338 | $1,561 | $1,785 |
| 4BR | $498 | $747 | $996 | $1,245 | $1,494 | $1,743 | $1,992 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,030 | $30,050 | $36,060 | $48,080 |
| 2 persons | $20,610 | $34,350 | $41,220 | $54,960 |
| 3 persons | $23,190 | $38,650 | $46,380 | $61,840 |
| 4 persons | $25,740 | $42,900 | $51,480 | $68,640 |
| 5 persons | $27,810 | $46,350 | $55,620 | $74,160 |
| 6 persons | $29,880 | $49,800 | $59,760 | $79,680 |
| 7 persons | $31,920 | $53,200 | $63,840 | $85,120 |
| 8 persons | $33,990 | $56,650 | $67,980 | $90,640 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Madison County to see the sources and uses, bond test, DSCR, and funding gap using these rents.