ZIP 41265 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41265 in the Floyd County, KY FMR area.

Floyd County, KY

$660Efficiency

$8001 bedroom

$9202 bedrooms

$1,2003 bedrooms

$1,3204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$660	$594	$726	$661
1 bedroom	$800	$720	$880	$707
2 bedrooms	$920	$828	$1,012	$925
3 bedrooms	$1,200	$1,080	$1,320	$1,230
4 bedrooms	$1,320	$1,188	$1,452	$1,246

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Johnson County, KY

$660Efficiency

$8001 bedroom

$9202 bedrooms

$1,2003 bedrooms

$1,3204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$660	$594	$726	$650
1 bedroom	$800	$720	$880	$788
2 bedrooms	$920	$828	$1,012	$909
3 bedrooms	$1,200	$1,080	$1,320	$1,186
4 bedrooms	$1,320	$1,188	$1,452	$1,308

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 41265

$53,633average adjusted gross income per tax return (2022)

$42,863average salaries and wages per return

570tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	33.3%
$25,000 to $50,000	24.6%
$50,000 to $75,000	15.8%
$75,000 to $100,000	12.3%
$100,000 to $200,000	14.0%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 22.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41265?

HUD's FY2027 Small Area FMRs for ZIP 41265 (Floyd County, KY) are $660 efficiency, $800 one bedroom, $920 two bedrooms, $1,200 three and $1,320 four bedrooms.

What payment standard can a housing authority set in ZIP 41265?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $828 to $1,012.

How affordable is rent in ZIP 41265?

Tax returns filed from ZIP 41265 reported an average adjusted gross income of $53,633 (2022). A two-bedroom unit at the Small Area FMR costs $11,040 a year, or 21% of that income.