Franklin County, KY
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $747/mo | $672 – $822/mo |
| 1 BR | $859/mo | $773 – $945/mo |
| 2 BR | $1,083/mo | $975 – $1,191/mo |
| 3 BR | $1,410/mo | $1,269 – $1,551/mo |
| 4 BR | $1,680/mo | $1,512 – $1,848/mo |
Fair Market Rent by unit size — Franklin County, KY (FY 2026)
Source: HUD FY 2026 data for Franklin County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authorities serving Franklin County
This county is served by 2 housing authorities. Each may have its own waiting list, payment standards, and application requirements.
- Kentucky Housing Corporation-State Agency
1231 Louisville Rd, Frankfort, KY, 40601 · 5025647630
- Housing Authority of Frankfort
590 Walter Todd Dr, Frankfort, KY, 40601 · 5022232148
Am I eligible?
To qualify for a Housing Choice Voucher in Franklin County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $32,250 |
| 2 people | $36,850 |
| 3 people | $41,450 |
| 4 people | $46,050 |
| 5 people | $49,750 |
| 6 people | $53,450 |
| 7 people | $57,150 |
| 8 people | $60,800 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Franklin County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
GLENNS CREEK MANOR
DEMOCRAT DRIVE, FRANKFORT, KY, 40601-833480 income-restricted units62 1BR, 18 2BRBuilt 20234% LIHTCCompliance through ~2053BRIDGEPORT SOUTH FRANKFORT REVITALIZATION 2014
BRIDGEPORT ROAD, FRANKFORT, KY, 4060146 income-restricted units19 2BR, 27 3BRBuilt 20164% LIHTCCompliance through ~2046QUINTIN COURT OF FRANKFORT
SCHENKEL LANE, FRANKFORT, KY, 4060136 income-restricted units16 1BR, 20 2BRBuilt 20154% LIHTCCompliance through ~2045COTTAGES OF FRANKFORT II
CARDWELL LANE, FRANKFORT, KY, 4060124 income-restricted units24 1BRBuilt 20054% LIHTCCompliance through ~2035SARAH APARTMENTS
CARDWELL LN., FRANKFORT, KY, 4060140 income-restricted units4 1BR, 36 2BRBuilt 20029% LIHTCCompliance through ~2032KIRKLAND FIELDS - FKA EAST MAIN PROJECT
EAST MAIN ST., FRANKFORT, KY, 4060120 income-restricted units20 2BRBuilt 20014% LIHTCCompliance through ~2031EMILY APARTMENTS
BRIGHTON PARK BLVD., FRANKFORT, KY, 4060132 income-restricted units28 1BR, 4 2BRBuilt 20019% LIHTCCompliance through ~2031COTTAGES OF FRANKFORT
CARDWELL LANE, FRANKFORT, KY, 4060196 income-restricted units86 2BR, 10 3BRBuilt 20004% LIHTCCompliance through ~2030- Elderly
FRANKFORT APARTMENTS II
BY-PASS PLAZA DR., FRANKFORT, KY, 4060144 income-restricted units of 30 total4 1BR, 5 2BR, 10 3BR, 25 4BR+Built 19989% LIHTCCompliance through ~2028 AUSTIN PARK APARTMENTS, LTD.
BYPASS PLAZA DR., FRANKFORT, KY, 4060138 income-restricted units12 2BR, 28 3BRBuilt 19979% LIHTCCompliance through ~2027AUSTIN PARK APTS, LTD
315 BYPASS PLAZA DR, FRANKFORT, KY, 4060138 income-restricted units of 30 totalBuilt 1997Compliance through ~202735 ASHWOOD CT
35 ASHWOOD CT, FRANKFORT, KY, 4060118 income-restricted units of 26 totalBuilt 1991Compliance through ~2021
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Franklin County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
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