ZIP 41723 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41723 in the Leslie County, KY FMR area.

Leslie County, KY

$690Efficiency

$7701 bedroom

$9702 bedrooms

$1,2003 bedrooms

$1,3104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$690	$621	$759	$650
1 bedroom	$770	$693	$847	$774
2 bedrooms	$970	$873	$1,067	$909
3 bedrooms	$1,200	$1,080	$1,320	$1,183
4 bedrooms	$1,310	$1,179	$1,441	$1,270

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

Perry County, KY

$690Efficiency

$7701 bedroom

$9702 bedrooms

$1,2003 bedrooms

$1,3104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$690	$621	$759	$722
1 bedroom	$770	$693	$847	$772
2 bedrooms	$970	$873	$1,067	$1,010
3 bedrooms	$1,200	$1,080	$1,320	$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 41723

$41,054average adjusted gross income per tax return (2022)

$35,777average salaries and wages per return

350tax returns filed

28%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	40.0%
$25,000 to $50,000	28.6%
$50,000 to $75,000	14.3%
$75,000 to $100,000	8.6%
$100,000 to $200,000	8.6%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 34.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41723?

HUD's FY2027 Small Area FMRs for ZIP 41723 (Leslie County, KY) are $690 efficiency, $770 one bedroom, $970 two bedrooms, $1,200 three and $1,310 four bedrooms.

What payment standard can a housing authority set in ZIP 41723?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $873 to $1,067.

How affordable is rent in ZIP 41723?

Tax returns filed from ZIP 41723 reported an average adjusted gross income of $41,054 (2022). A two-bedroom unit at the Small Area FMR costs $11,640 a year, or 28% of that income.