Monroe County, KY · FY2026 area median income $64,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $252 | $378 | $504 | $630 | $756 | $882 | $1,008 |
| 1BR | $270 | $405 | $540 | $675 | $810 | $945 | $1,080 |
| 2BR | $324 | $486 | $648 | $810 | $972 | $1,134 | $1,296 |
| 3BR | $374 | $561 | $748 | $935 | $1,122 | $1,309 | $1,496 |
| 4BR | $417 | $626 | $835 | $1,043 | $1,252 | $1,461 | $1,670 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,120 | $25,200 | $30,240 | $40,320 |
| 2 persons | $17,280 | $28,800 | $34,560 | $46,080 |
| 3 persons | $19,440 | $32,400 | $38,880 | $51,840 |
| 4 persons | $21,570 | $35,950 | $43,140 | $57,520 |
| 5 persons | $23,310 | $38,850 | $46,620 | $62,160 |
| 6 persons | $25,050 | $41,750 | $50,100 | $66,800 |
| 7 persons | $26,760 | $44,600 | $53,520 | $71,360 |
| 8 persons | $28,500 | $47,500 | $57,000 | $76,000 |
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 Monroe County to see the sources and uses, bond test, DSCR, and funding gap using these rents.