FY2027 Small Area FMR · Nerinx, KY

ZIP 40049 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40049 (Nerinx, KY) is $910 a month, up 4.6% from FY2026. That is 0% equal to the Marion County, KY area-wide FMR of $909.

2-bedroom SAFMR$910per month ▲ 4.6%

Area-wide 2 BR FMR$909Marion County, KY

Rank in the area8thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$819

2 BR Small Area FMR$910

110% of SAFMR$1,001

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$650▲ 4.8%

1 BR$730▲ 10.6%

2 BR$910▲ 4.6%

3 BR$1,140▲ 3.6%

4 BR$1,480▲ 13.0%

FY2027 FY2026

Where 40049 sits in the Marion County, KY area

Of the 12 ZIP codes HUD lists for the area, 40049 has the 8th highest two-bedroom Small Area FMR. Marion County, KY is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $909 for two bedrooms; an agency that opts in to Small Area FMRs would use $910 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$650	$585 – $715	$650	$620
1 bedroom	$730	$657 – $803	$736	$660
2 bedrooms	$910	$819 – $1,001	$909	$870
3 bedrooms	$1,140	$1,026 – $1,254	$1,139	$1,100
4 bedrooms	$1,480	$1,332 – $1,628	$1,482	$1,310

A household renting a two-bedroom home at the Small Area FMR of $910 needs about $36,400 a year to keep housing costs at 30% of income. The area median family income is $76,600 and the 80% low-income limit for four people is $61,300. ZIP code 40049 lies mainly in Marion County. See the Marion County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40037	Loretto	1.2 mi	$920
40062	Saint Francis	4.7 mi	$910
40052	New Hope	6.5 mi	$960
40063	Saint Mary	7.0 mi	$930
40051	New Haven	8.6 mi	$960
40060	Raywick	9.2 mi	$960

Questions

What is the Fair Market Rent for ZIP code 40049?

HUD's FY2027 Small Area Fair Market Rents for 40049 are $650 (studio), $730 (1 BR), $910 (2 BR), $1,140 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 40049?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40049 that range is $819 to $1,001 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 40049?

The FY2026 income limits of the Marion County, KY area apply: median family income $76,600, low-income (80%) limit $61,300 for a family of four.