ZIP 42262 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 42262 in the Clarksville, TN-KY FMR area.

$1,060Efficiency
$1,0701 bedroom
$1,3102 bedrooms
$1,7903 bedrooms
$2,1904 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,060$954$1,166$1,061
1 bedroom$1,070$963$1,177$1,068
2 bedrooms$1,310$1,179$1,441$1,307
3 bedrooms$1,790$1,611$1,969$1,786
4 bedrooms$2,190$1,971$2,409$2,185

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

Income in ZIP 42262

$39,538average adjusted gross income per tax return (2022)
$33,576average salaries and wages per return
3,260tax returns filed
40%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00034.0%
$25,000 to $50,00041.1%
$50,000 to $75,00016.0%
$75,000 to $100,0005.5%
$100,000 to $200,0003.4%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 32.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 42262?

HUD's FY2027 Small Area FMRs for ZIP 42262 (Clarksville, TN-KY) are $1,060 efficiency, $1,070 one bedroom, $1,310 two bedrooms, $1,790 three and $2,190 four bedrooms.

What payment standard can a housing authority set in ZIP 42262?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,179 to $1,441.

How affordable is rent in ZIP 42262?

Tax returns filed from ZIP 42262 reported an average adjusted gross income of $39,538 (2022). A two-bedroom unit at the Small Area FMR costs $15,720 a year, or 40% of that income.