FY2027 Small Area FMR · Eolia, KY

ZIP 40826 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40826 (Eolia, KY) is $940 a month, up 3.3% from FY2026. That is 3% above the Letcher County, KY area-wide FMR of $909.

2-bedroom SAFMR$940per month ▲ 3.3%

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

Rank in the area7thof 27 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$846

2 BR Small Area FMR$940

110% of SAFMR$1,034

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

Studio$700▲ 2.9%

1 BR$740▲ 1.4%

2 BR$940▲ 3.3%

3 BR$1,210■ 0.0%

4 BR$1,430▲ 1.4%

FY2027 FY2026

Where 40826 sits in the Letcher County, KY area

Of the 27 ZIP codes HUD lists for the area, 40826 has the 7th highest two-bedroom Small Area FMR. Letcher 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 $940 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	$700	$630 – $770	$650	$680
1 bedroom	$740	$666 – $814	$751	$730
2 bedrooms	$940	$846 – $1,034	$909	$910
3 bedrooms	$1,210	$1,089 – $1,331	$1,094	$1,210
4 bedrooms	$1,430	$1,287 – $1,573	$1,328	$1,410

A household renting a two-bedroom home at the Small Area FMR of $940 needs about $37,600 a year to keep housing costs at 30% of income. The area median family income is $61,300 and the 80% low-income limit for four people is $57,500. ZIP code 40826 lies mainly in Letcher County. See the Letcher County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40862	Partridge	5.0 mi	$910
41837	Mayking	5.8 mi	$910
24216	Appalachia	6.6 mi	$990
41858	Whitesburg	8.0 mi	$910
24273	Norton	8.0 mi	$940
24279	Pound	8.2 mi	$940

Questions

What is the Fair Market Rent for ZIP code 40826?

HUD's FY2027 Small Area Fair Market Rents for 40826 are $700 (studio), $740 (1 BR), $940 (2 BR), $1,210 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 40826?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40826 that range is $846 to $1,034 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 40826?

The FY2026 income limits of the Letcher County, KY area apply: median family income $61,300, low-income (80%) limit $57,500 for a family of four.