FY2027 Small Area FMR · Emlyn, KY
ZIP 40730 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40730 (Emlyn, KY) is $910 a month, up 4.6% from FY2026. That is 0% equal to the Whitley 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 40730 sits in the Whitley County, KY area
Of the 8 ZIP codes HUD lists for the area, 40730 has the 6th highest two-bedroom Small Area FMR. Whitley 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
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $690 | $621 – $759 | $690 | $620 |
| 1 bedroom | $700 | $630 – $770 | $695 | $660 |
| 2 bedrooms | $910 | $819 – $1,001 | $909 | $870 |
| 3 bedrooms | $1,130 | $1,017 – $1,243 | $1,129 | $1,040 |
| 4 bedrooms | $1,300 | $1,170 – $1,430 | $1,298 | $1,160 |
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 $58,300 and the 80% low-income limit for four people is $57,500. ZIP code 40730 lies mainly in Whitley County. See the Whitley 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 40730?
HUD's FY2027 Small Area Fair Market Rents for 40730 are $690 (studio), $700 (1 BR), $910 (2 BR), $1,130 (3 BR) and $1,300 (4 BR) a month.
What is the Section 8 payment standard in 40730?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40730 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 40730?
The FY2026 income limits of the Whitley County, KY area apply: median family income $58,300, low-income (80%) limit $57,500 for a family of four.