FY2027 Small Area FMR · Saint Catharine, KY

ZIP 40061 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40061 (Saint Catharine, KY) is $920 a month, up 2.2% from FY2026. That is 2% below the Washington County, KY area-wide FMR of $939.

2-bedroom SAFMR$920per month ▲ 2.2%

Area-wide 2 BR FMR$939Washington County, KY

Rank in the area7thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$660▲ 3.1%

1 BR$710▲ 2.9%

2 BR$920▲ 2.2%

3 BR$1,270▲ 6.7%

4 BR$1,330▲ 3.9%

FY2027 FY2026

Where 40061 sits in the Washington County, KY area

Of the 11 ZIP codes HUD lists for the area, 40061 has the 7th highest two-bedroom Small Area FMR. Washington 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 $939 for two bedrooms; an agency that opts in to Small Area FMRs would use $920 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	$660	$594 – $726	$671	$640
1 bedroom	$710	$639 – $781	$718	$690
2 bedrooms	$920	$828 – $1,012	$939	$900
3 bedrooms	$1,270	$1,143 – $1,397	$1,300	$1,190
4 bedrooms	$1,330	$1,197 – $1,463	$1,343	$1,280

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $83,500 and the 80% low-income limit for four people is $67,700. ZIP code 40061 lies mainly in Washington County. See the Washington County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40069	Springfield	3.5 mi	$920
40078	Willisburg	5.0 mi	$1,120
40040	Mackville	7.2 mi	$1,350
40012	Chaplin	8.6 mi	$1,090
40008	Bloomfield	10.2 mi	$1,030
40049	Nerinx	13.1 mi	$910

Questions

What is the Fair Market Rent for ZIP code 40061?

HUD's FY2027 Small Area Fair Market Rents for 40061 are $660 (studio), $710 (1 BR), $920 (2 BR), $1,270 (3 BR) and $1,330 (4 BR) a month.

What is the Section 8 payment standard in 40061?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40061 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 40061?

The FY2026 income limits of the Washington County, KY area apply: median family income $83,500, low-income (80%) limit $67,700 for a family of four.