ZIP 41722 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41722 in the Knott County, KY FMR area.

Knott County, KY

$700Efficiency

$7601 bedroom

$9802 bedrooms

$1,1603 bedrooms

$1,3104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$700	$630	$770	$702
1 bedroom	$760	$684	$836	$784
2 bedrooms	$980	$882	$1,078	$983
3 bedrooms	$1,160	$1,044	$1,276	$1,171
4 bedrooms	$1,310	$1,179	$1,441	$1,374

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

Perry County, KY

$700Efficiency

$7601 bedroom

$9802 bedrooms

$1,1603 bedrooms

$1,3104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$700	$630	$770	$722
1 bedroom	$760	$684	$836	$772
2 bedrooms	$980	$882	$1,078	$1,010
3 bedrooms	$1,160	$1,044	$1,276	$1,203
4 bedrooms	$1,310	$1,179	$1,441	$1,327

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

Income in ZIP 41722

$44,084average adjusted gross income per tax return (2022)

$35,693average salaries and wages per return

570tax returns filed

27%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	38.6%
$25,000 to $50,000	28.1%
$50,000 to $75,000	14.0%
$75,000 to $100,000	8.8%
$100,000 to $200,000	10.5%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 29.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41722?

HUD's FY2027 Small Area FMRs for ZIP 41722 (Knott County, KY) are $700 efficiency, $760 one bedroom, $980 two bedrooms, $1,160 three and $1,310 four bedrooms.

What payment standard can a housing authority set in ZIP 41722?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $882 to $1,078.

How affordable is rent in ZIP 41722?

Tax returns filed from ZIP 41722 reported an average adjusted gross income of $44,084 (2022). A two-bedroom unit at the Small Area FMR costs $11,760 a year, or 27% of that income.