ZIP 45696 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 45696 in the Huntington-Ashland, WV-KY-OH FMR area.

$880Efficiency
$8801 bedroom
$1,0302 bedrooms
$1,3203 bedrooms
$1,4304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$880$792$968$858
1 bedroom$880$792$968$864
2 bedrooms$1,030$927$1,133$1,006
3 bedrooms$1,320$1,188$1,452$1,287
4 bedrooms$1,430$1,287$1,573$1,393

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

Income in ZIP 45696

$66,494average adjusted gross income per tax return (2022)
$53,765average salaries and wages per return
510tax returns filed
19%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00023.5%
$25,000 to $50,00025.5%
$50,000 to $75,00019.6%
$75,000 to $100,00011.8%
$100,000 to $200,00019.6%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 17.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 45696?

HUD's FY2027 Small Area FMRs for ZIP 45696 (Huntington-Ashland, WV-KY-OH) are $880 efficiency, $880 one bedroom, $1,030 two bedrooms, $1,320 three and $1,430 four bedrooms.

What payment standard can a housing authority set in ZIP 45696?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $927 to $1,133.

How affordable is rent in ZIP 45696?

Tax returns filed from ZIP 45696 reported an average adjusted gross income of $66,494 (2022). A two-bedroom unit at the Small Area FMR costs $12,360 a year, or 19% of that income.