ZIP 42166 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 42166 in the Barren County, KY FMR area.

Barren County, KY

$680Efficiency

$7601 bedroom

$9302 bedrooms

$1,2303 bedrooms

$1,3204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$680	$612	$748	$696
1 bedroom	$760	$684	$836	$700
2 bedrooms	$930	$837	$1,023	$916
3 bedrooms	$1,230	$1,107	$1,353	$1,171
4 bedrooms	$1,320	$1,188	$1,452	$1,331

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

Metcalfe County, KY

$680Efficiency

$7601 bedroom

$9302 bedrooms

$1,2303 bedrooms

$1,3204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$680	$612	$748	$650
1 bedroom	$760	$684	$836	$835
2 bedrooms	$930	$837	$1,023	$909
3 bedrooms	$1,230	$1,107	$1,353	$1,191
4 bedrooms	$1,320	$1,188	$1,452	$1,270

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

Monroe County, KY

$680Efficiency

$7601 bedroom

$9302 bedrooms

$1,2303 bedrooms

$1,3204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$680	$612	$748	$650
1 bedroom	$760	$684	$836	$695
2 bedrooms	$930	$837	$1,023	$909
3 bedrooms	$1,230	$1,107	$1,353	$1,259
4 bedrooms	$1,320	$1,188	$1,452	$1,314

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

Income in ZIP 42166

$48,149average adjusted gross income per tax return (2022)

$35,774average salaries and wages per return

950tax returns filed

23%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	36.8%
$25,000 to $50,000	28.4%
$50,000 to $75,000	14.7%
$75,000 to $100,000	9.5%
$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. 24.2% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 42166?

HUD's FY2027 Small Area FMRs for ZIP 42166 (Barren County, KY) are $680 efficiency, $760 one bedroom, $930 two bedrooms, $1,230 three and $1,320 four bedrooms.

What payment standard can a housing authority set in ZIP 42166?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $837 to $1,023.

How affordable is rent in ZIP 42166?

Tax returns filed from ZIP 42166 reported an average adjusted gross income of $48,149 (2022). A two-bedroom unit at the Small Area FMR costs $11,160 a year, or 23% of that income.