Nicholas County, KY · FY2026 area median income $76,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $268 | $402 | $536 | $670 | $804 | $938 | $1,072 |
| 1BR | $287 | $430 | $574 | $717 | $861 | $1,004 | $1,148 |
| 2BR | $344 | $516 | $689 | $861 | $1,033 | $1,205 | $1,378 |
| 3BR | $398 | $597 | $796 | $995 | $1,194 | $1,393 | $1,592 |
| 4BR | $444 | $666 | $888 | $1,110 | $1,332 | $1,554 | $1,776 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $16,080 | $26,800 | $32,160 | $42,880 |
| 2 persons | $18,360 | $30,600 | $36,720 | $48,960 |
| 3 persons | $20,670 | $34,450 | $41,340 | $55,120 |
| 4 persons | $22,950 | $38,250 | $45,900 | $61,200 |
| 5 persons | $24,810 | $41,350 | $49,620 | $66,160 |
| 6 persons | $26,640 | $44,400 | $53,280 | $71,040 |
| 7 persons | $28,470 | $47,450 | $56,940 | $75,920 |
| 8 persons | $30,300 | $50,500 | $60,600 | $80,800 |
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 Nicholas County to see the sources and uses, bond test, DSCR, and funding gap using these rents.