FY2027 Small Area FMR · Mc Kee, KY
ZIP 40447 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40447 (Mc Kee, KY) is $910 a month, up 4.6% from FY2026. That is 0% equal to the Estill County, KY area-wide FMR of $909.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 40447 sits in the Estill County, KY area
Of the 6 ZIP codes HUD lists for the area, 40447 has the 4th highest two-bedroom Small Area FMR. Estill 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.
ZIP code 40447 crosses more than one HUD area. HUD also lists it under Jackson County, KY (same figures), Lee County, KY (same figures), Owsley County, KY (same figures) and Rockcastle County, KY (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $650 | $585 – $715 | $650 | $620 |
| 1 bedroom | $720 | $648 – $792 | $835 | $660 |
| 2 bedrooms | $910 | $819 – $1,001 | $909 | $870 |
| 3 bedrooms | $1,190 | $1,071 – $1,309 | $1,150 | $1,200 |
| 4 bedrooms | $1,200 | $1,080 – $1,320 | $1,383 | $1,210 |
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 $67,600 and the 80% low-income limit for four people is $57,500. ZIP code 40447 lies mainly in Jackson County, Owsley County and Estill County. See the Estill County, KY county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 40447?
HUD's FY2027 Small Area Fair Market Rents for 40447 are $650 (studio), $720 (1 BR), $910 (2 BR), $1,190 (3 BR) and $1,200 (4 BR) a month.
What is the Section 8 payment standard in 40447?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40447 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 40447?
The FY2026 income limits of the Estill County, KY area apply: median family income $67,600, low-income (80%) limit $57,500 for a family of four.