FY2027 Small Area FMR · Allen, KY

ZIP 41601 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 41601 (Allen, KY) is $910 a month, up 4.6% from FY2026. That is 2% below the Floyd County, KY area-wide FMR of $925.

2-bedroom SAFMR$910per month ▲ 4.6%

Area-wide 2 BR FMR$925Floyd County, KY

Rank in the area33rdof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$819

2 BR Small Area FMR$910

110% of SAFMR$1,001

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

Studio$650▲ 4.8%

1 BR$690▲ 4.5%

2 BR$910▲ 4.6%

3 BR$1,210▲ 14.2%

4 BR$1,220▲ 5.2%

FY2027 FY2026

Where 41601 sits in the Floyd County, KY area

Of the 38 ZIP codes HUD lists for the area, 41601 has the 33rd highest two-bedroom Small Area FMR. Floyd 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 $925 for two bedrooms; an agency that opts in to Small Area FMRs would use $910 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	$661	$620
1 bedroom	$690	$621 – $759	$707	$660
2 bedrooms	$910	$819 – $1,001	$925	$870
3 bedrooms	$1,210	$1,089 – $1,331	$1,230	$1,060
4 bedrooms	$1,220	$1,098 – $1,342	$1,246	$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 $60,700 and the 80% low-income limit for four people is $57,500. ZIP code 41601 lies mainly in Floyd County. See the Floyd County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
41621	Dwale	1.9 mi	$910
41603	Banner	2.2 mi	$1,100
41649	Martin	3.6 mi	$1,000
41663	Tram	3.9 mi	$1,230
41642	Ivel	4.1 mi	$1,260
41653	Prestonsburg	4.4 mi	$910

Questions

What is the Fair Market Rent for ZIP code 41601?

HUD's FY2027 Small Area Fair Market Rents for 41601 are $650 (studio), $690 (1 BR), $910 (2 BR), $1,210 (3 BR) and $1,220 (4 BR) a month.

What is the Section 8 payment standard in 41601?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 41601 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 41601?

The FY2026 income limits of the Floyd County, KY area apply: median family income $60,700, low-income (80%) limit $57,500 for a family of four.