ZIP 41774 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 41774 in the Perry County, KY FMR area.

$720Efficiency
$7701 bedroom
$1,0102 bedrooms
$1,2003 bedrooms
$1,3304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$720$648$792$722
1 bedroom$770$693$847$772
2 bedrooms$1,010$909$1,111$1,010
3 bedrooms$1,200$1,080$1,320$1,203
4 bedrooms$1,330$1,197$1,463$1,327

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

Income in ZIP 41774

$50,296average adjusted gross income per tax return (2022)
$40,793average salaries and wages per return
820tax returns filed
24%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00034.1%
$25,000 to $50,00028.0%
$50,000 to $75,00014.6%
$75,000 to $100,00011.0%
$100,000 to $200,00012.2%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 23.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 41774?

HUD's FY2027 Small Area FMRs for ZIP 41774 (Perry County, KY) are $720 efficiency, $770 one bedroom, $1,010 two bedrooms, $1,200 three and $1,330 four bedrooms.

What payment standard can a housing authority set in ZIP 41774?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 41774?

Tax returns filed from ZIP 41774 reported an average adjusted gross income of $50,296 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 24% of that income.