ZIP 40261 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 40261 in the Louisville, KY-IN FMR area.
$990Efficiency
$1,0801 bedroom
$1,3002 bedrooms
$1,6603 bedrooms
$1,9104 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $990 | $891 | $1,089 | $976 |
| 1 bedroom | $1,080 | $972 | $1,188 | $1,058 |
| 2 bedrooms | $1,300 | $1,170 | $1,430 | $1,276 |
| 3 bedrooms | $1,660 | $1,494 | $1,826 | $1,629 |
| 4 bedrooms | $1,910 | $1,719 | $2,101 | $1,874 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 40261?
HUD's FY2027 Small Area FMRs for ZIP 40261 (Louisville, KY-IN) are $990 efficiency, $1,080 one bedroom, $1,300 two bedrooms, $1,660 three and $1,910 four bedrooms.
What payment standard can a housing authority set in ZIP 40261?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,170 to $1,430.