ZIP 42712 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 42712 in the Elizabethtown, KY FMR area.

Elizabethtown, KY

$760Efficiency

$7701 bedroom

$9602 bedrooms

$1,3303 bedrooms

$1,6004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$760	$684	$836	$860
1 bedroom	$770	$693	$847	$866
2 bedrooms	$960	$864	$1,056	$1,087
3 bedrooms	$1,330	$1,197	$1,463	$1,505
4 bedrooms	$1,600	$1,440	$1,760	$1,817

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

Breckinridge County, KY

$760Efficiency

$7701 bedroom

$9602 bedrooms

$1,3303 bedrooms

$1,6004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$760	$684	$836	$695
1 bedroom	$770	$693	$847	$720
2 bedrooms	$960	$864	$1,056	$909
3 bedrooms	$1,330	$1,197	$1,463	$1,259
4 bedrooms	$1,600	$1,440	$1,760	$1,329

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

Grayson County, KY

$760Efficiency

$7701 bedroom

$9602 bedrooms

$1,3303 bedrooms

$1,6004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$760	$684	$836	$650
1 bedroom	$770	$693	$847	$779
2 bedrooms	$960	$864	$1,056	$909
3 bedrooms	$1,330	$1,197	$1,463	$1,259
4 bedrooms	$1,600	$1,440	$1,760	$1,270

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

Income in ZIP 42712

$47,400average adjusted gross income per tax return (2022)

$38,005average salaries and wages per return

770tax returns filed

24%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	33.8%
$25,000 to $50,000	31.2%
$50,000 to $75,000	15.6%
$75,000 to $100,000	10.4%
$100,000 to $200,000	9.1%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 23.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 42712?

HUD's FY2027 Small Area FMRs for ZIP 42712 (Elizabethtown, KY) are $760 efficiency, $770 one bedroom, $960 two bedrooms, $1,330 three and $1,600 four bedrooms.

What payment standard can a housing authority set in ZIP 42712?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $864 to $1,056.

How affordable is rent in ZIP 42712?

Tax returns filed from ZIP 42712 reported an average adjusted gross income of $47,400 (2022). A two-bedroom unit at the Small Area FMR costs $11,520 a year, or 24% of that income.