ZIP 42749 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 42749 in the Barren County, KY FMR area.

Barren County, KY

$720Efficiency

$8801 bedroom

$1,0102 bedrooms

$1,2503 bedrooms

$1,4004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$720	$648	$792	$696
1 bedroom	$880	$792	$968	$700
2 bedrooms	$1,010	$909	$1,111	$916
3 bedrooms	$1,250	$1,125	$1,375	$1,171
4 bedrooms	$1,400	$1,260	$1,540	$1,331

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

Hart County, KY

$720Efficiency

$8801 bedroom

$1,0102 bedrooms

$1,2503 bedrooms

$1,4004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$720	$648	$792	$650
1 bedroom	$880	$792	$968	$796
2 bedrooms	$1,010	$909	$1,111	$909
3 bedrooms	$1,250	$1,125	$1,375	$1,127
4 bedrooms	$1,400	$1,260	$1,540	$1,262

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

Metcalfe County, KY

$720Efficiency

$8801 bedroom

$1,0102 bedrooms

$1,2503 bedrooms

$1,4004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$720	$648	$792	$650
1 bedroom	$880	$792	$968	$835
2 bedrooms	$1,010	$909	$1,111	$909
3 bedrooms	$1,250	$1,125	$1,375	$1,191
4 bedrooms	$1,400	$1,260	$1,540	$1,270

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

Income in ZIP 42749

$51,025average adjusted gross income per tax return (2022)

$36,748average salaries and wages per return

2,110tax returns filed

24%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	35.1%
$25,000 to $50,000	27.5%
$50,000 to $75,000	17.5%
$75,000 to $100,000	9.5%
$100,000 to $200,000	9.0%
$200,000 or more	1.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 22.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 42749?

HUD's FY2027 Small Area FMRs for ZIP 42749 (Barren County, KY) are $720 efficiency, $880 one bedroom, $1,010 two bedrooms, $1,250 three and $1,400 four bedrooms.

What payment standard can a housing authority set in ZIP 42749?

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 42749?

Tax returns filed from ZIP 42749 reported an average adjusted gross income of $51,025 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 24% of that income.