FY2027 Small Area FMR · Trosper, KY

ZIP 40995 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 40995 (Trosper, KY) is $920 a month, up 3.4% from FY2026. That is 1% above the Knox County, KY area-wide FMR of $909.

2-bedroom SAFMR$920per month ▲ 3.4%

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

Rank in the area7thof 20 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$650▲ 3.2%

1 BR$820▲ 3.8%

2 BR$920▲ 3.4%

3 BR$1,170▲ 4.5%

4 BR$1,450▲ 2.8%

FY2027 FY2026

Where 40995 sits in the Knox County, KY area

Of the 20 ZIP codes HUD lists for the area, 40995 has the 7th highest two-bedroom Small Area FMR. Knox 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 $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	$650	$585 – $715	$650	$630
1 bedroom	$820	$738 – $902	$835	$790
2 bedrooms	$920	$828 – $1,012	$909	$890
3 bedrooms	$1,170	$1,053 – $1,287	$1,179	$1,120
4 bedrooms	$1,450	$1,305 – $1,595	$1,519	$1,410

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 $48,900 and the 80% low-income limit for four people is $57,500. ZIP code 40995 lies mainly in Knox County. See the Knox County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40903	Artemus	3.0 mi	$930
40921	Bryants Store	3.8 mi	$940
40977	Pineville	4.8 mi	$910
40939	Fourmile	7.4 mi	$910
40763	Siler	7.9 mi	$930
40906	Barbourville	8.5 mi	$940

Questions

What is the Fair Market Rent for ZIP code 40995?

HUD's FY2027 Small Area Fair Market Rents for 40995 are $650 (studio), $820 (1 BR), $920 (2 BR), $1,170 (3 BR) and $1,450 (4 BR) a month.

What is the Section 8 payment standard in 40995?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 40995 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 40995?

The FY2026 income limits of the Knox County, KY area apply: median family income $48,900, low-income (80%) limit $57,500 for a family of four.