FY2027 Small Area FMR · Sulphur, KY

ZIP 40070 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40070 (Sulphur, KY) is $1,290 a month, up 17.3% from FY2026. That is 1% above the Louisville, KY-IN area-wide FMR of $1,276.

2-bedroom SAFMR$1,290per month ▲ 17.3%

Area-wide 2 BR FMR$1,276Louisville, KY-IN

Rank in the area62ndof 130 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,161

2 BR Small Area FMR$1,290

110% of SAFMR$1,419

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

Studio$990▲ 19.3%

1 BR$1,070▲ 18.9%

2 BR$1,290▲ 17.3%

3 BR$1,650▲ 16.2%

4 BR$1,890▲ 16.7%

FY2027 FY2026

Where 40070 sits in the Louisville, KY-IN area

Of the 130 ZIP codes HUD lists for the area, 40070 has the 62nd highest two-bedroom Small Area FMR. Louisville, KY-IN is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,161 and $1,419 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$990	$891 – $1,089	$976	$830
1 bedroom	$1,070	$963 – $1,177	$1,058	$900
2 bedrooms	$1,290	$1,161 – $1,419	$1,276	$1,100
3 bedrooms	$1,650	$1,485 – $1,815	$1,629	$1,420
4 bedrooms	$1,890	$1,701 – $2,079	$1,874	$1,620

A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 a year to keep housing costs at 30% of income. The area median family income is $99,000 and the 80% low-income limit for four people is $79,200. ZIP code 40070 lies mainly in Henry County. See the Louisville, KY-IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40050	New Castle	3.2 mi	$1,010
40058	Port Royal	4.4 mi	$1,010
40055	Pendleton	5.2 mi	$1,400
40011	Campbellsburg	5.2 mi	$1,010
40068	Smithfield	5.7 mi	$1,300
40019	Eminence	7.4 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 40070?

HUD's FY2027 Small Area Fair Market Rents for 40070 are $990 (studio), $1,070 (1 BR), $1,290 (2 BR), $1,650 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 40070?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40070 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 40070?

The FY2026 income limits of the Louisville, KY-IN area apply: median family income $99,000, low-income (80%) limit $79,200 for a family of four.