Rowan County, KY · FY2026 area median income $75,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $265 | $397 | $530 | $662 | $795 | $927 | $1,060 |
| 1BR | $284 | $426 | $568 | $710 | $852 | $994 | $1,136 |
| 2BR | $341 | $511 | $682 | $852 | $1,023 | $1,193 | $1,364 |
| 3BR | $393 | $590 | $787 | $984 | $1,181 | $1,378 | $1,575 |
| 4BR | $439 | $659 | $879 | $1,098 | $1,318 | $1,538 | $1,758 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,900 | $26,500 | $31,800 | $42,400 |
| 2 persons | $18,180 | $30,300 | $36,360 | $48,480 |
| 3 persons | $20,460 | $34,100 | $40,920 | $54,560 |
| 4 persons | $22,710 | $37,850 | $45,420 | $60,560 |
| 5 persons | $24,540 | $40,900 | $49,080 | $65,440 |
| 6 persons | $26,370 | $43,950 | $52,740 | $70,320 |
| 7 persons | $28,170 | $46,950 | $56,340 | $75,120 |
| 8 persons | $30,000 | $50,000 | $60,000 | $80,000 |
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 Rowan County to see the sources and uses, bond test, DSCR, and funding gap using these rents.