ZIP 41348 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41348 in the Breathitt County, KY FMR area.

Breathitt County, KY

$650Efficiency

$7001 bedroom

$9102 bedrooms

$1,2403 bedrooms

$1,2704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$650	$585	$715	$650
1 bedroom	$700	$630	$770	$703
2 bedrooms	$910	$819	$1,001	$909
3 bedrooms	$1,240	$1,116	$1,364	$1,242
4 bedrooms	$1,270	$1,143	$1,397	$1,270

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

Perry County, KY

$650Efficiency

$7001 bedroom

$9102 bedrooms

$1,2403 bedrooms

$1,2704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$650	$585	$715	$722
1 bedroom	$700	$630	$770	$772
2 bedrooms	$910	$819	$1,001	$1,010
3 bedrooms	$1,240	$1,116	$1,364	$1,203
4 bedrooms	$1,270	$1,143	$1,397	$1,327

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

Income in ZIP 41348

$42,995average adjusted gross income per tax return (2022)

$34,564average salaries and wages per return

390tax returns filed

25%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	38.5%
$25,000 to $50,000	28.2%
$50,000 to $75,000	15.4%
$75,000 to $100,000	7.7%
$100,000 to $200,000	10.3%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 33.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41348?

HUD's FY2027 Small Area FMRs for ZIP 41348 (Breathitt County, KY) are $650 efficiency, $700 one bedroom, $910 two bedrooms, $1,240 three and $1,270 four bedrooms.

What payment standard can a housing authority set in ZIP 41348?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $819 to $1,001.

How affordable is rent in ZIP 41348?

Tax returns filed from ZIP 41348 reported an average adjusted gross income of $42,995 (2022). A two-bedroom unit at the Small Area FMR costs $10,920 a year, or 25% of that income.