Madison 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 | $666/mo | $599 – $733/mo |
| 1 BR | $785/mo | $707 – $864/mo |
| 2 BR | $904/mo | $814 – $994/mo |
| 3 BR | $1,257/mo | $1,131 – $1,383/mo |
| 4 BR | $1,416/mo | $1,274 – $1,558/mo |
Fair Market Rent by unit size — Madison County, KY (FY 2026)
Source: HUD FY 2026 data for Madison County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authorities serving Madison County
This county is served by 3 housing authorities. Each may have its own waiting list, payment standards, and application requirements.
- Housing Authority of Berea
110 Orchard St, Berea, KY, 40403 · 8599864436
- City of Richmond Section 8 Housing Program
118 N 2nd St, Richmond, KY, 40475 · 8593535501
- Housing Authority of Richmond
429 Smith Vlg, Richmond, KY, 40475 · 8596231321
Am I eligible?
To qualify for a Housing Choice Voucher in Madison 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 | $30,050 |
| 2 people | $34,350 |
| 3 people | $38,650 |
| 4 people | $42,900 |
| 5 people | $46,350 |
| 6 people | $49,800 |
| 7 people | $53,200 |
| 8 people | $56,650 |
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 Madison 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.
KIT CARSON COMMONS
KIT CARSON DRIVE, RICHMOND, KY, 4047530 income-restricted units25 2BR, 5 3BRBuilt 20214% LIHTCCompliance through ~2051EASTERN SCHOLAR HOUSE
VAN HOOSE DRIVE, RICHMOND, KY, 4047539 income-restricted units39 2BRBuilt 20174% LIHTCCompliance through ~2047PEBBLECREEK CROSSING
BIG HILL AVENUE, RICHMOND, KY, 4047548 income-restricted units27 1BR, 21 2BRBuilt 20174% LIHTCCompliance through ~2047MADISON TOWERS
N. MADISON AVE., RICHMOND, KY, 40475102 income-restricted units101 1BR, 1 2BRBuilt 20164% + 9% LIHTCCompliance through ~2046SILVER CREEK PLACE
MIRACLE DR., BEREA, KY, 4040324 income-restricted units24 1BRBuilt 20124% + 9% LIHTCCompliance through ~2042LIBERTY PLACE RECOVERY CENTER FOR WOMEN
LAKE STREET, RICHMOND, KY, 4047538 income-restricted units38 4BR+Built 20084% LIHTCCompliance through ~203812TH STREET HOPE VI APARTMENTS
12TH ST, LEXINGTON, KY, 4040540 income-restricted units26 1BR, 4 2BR, 10 3BRBuilt 20044% + 9% LIHTCCompliance through ~2034SUGAR MILL HOPE VI APARTMENTS
VERSAILLES ROAD, LEXINGTON, KY, 40404-140260 income-restricted units of 61 total12 1BR, 41 2BR, 8 3BRBuilt 20044% LIHTCCompliance through ~2034BURCHWOOD LEASE PURCHASE PROJECT
BURCHWOOD DRIVE, BEREA, KY, 4040317 income-restricted units of 12 total20 3BRBuilt 19999% LIHTCCompliance through ~2029- Elderly
BEREA SINGLE FAMILY HOMES
WHITEHALL DR., BEREA, KY, 4040324 income-restricted units24 4BR+Built 19999% LIHTCCompliance through ~2029 - Elderly
RICHMOND GREEN
RICHMOND GREEN DR., RICHMOND, KY, 4047560 income-restricted units20 1BR, 40 2BRBuilt 19984% LIHTCCompliance through ~2028 - Elderly
BRANDY VIEW APARTMENTS
BRANDY LN., RICHMOND, KY, 4047524 income-restricted units16 2BR, 8 3BRBuilt 19979% LIHTCCompliance through ~2027 TELFORD APARTMENTS
HALLIE IRVINE ST., RICHMOND, KY, 4047624 income-restricted units1 1BR, 11 2BR, 10 3BR, 2 4BR+Built 19969% LIHTCCompliance through ~2026
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 Madison County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
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