Income Limits by County

FY2027 Small Area FMR · Bevinsville, KY

ZIP 41606 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 41606 (Bevinsville, KY) is $930 a month, up 3.3% from FY2026. That is 1% above the Floyd County, KY area-wide FMR of $925.

2-bedroom SAFMR$930per month ▲ 3.3%
Area-wide 2 BR FMR$925Floyd County, KY
Rank in the area17thof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837
2 BR Small Area FMR$930
110% of SAFMR$1,023

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

FY2027 FY2026

Where 41606 sits in the Floyd County, KY area

$910$1,260median $930

Of the 38 ZIP codes HUD lists for the area, 41606 has the 17th 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 $930 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$660$594 – $726$661$640
1 bedroom$710$639 – $781$707$690
2 bedrooms$930$837 – $1,023$925$900
3 bedrooms$1,240$1,116 – $1,364$1,230$1,100
4 bedrooms$1,250$1,125 – $1,375$1,246$1,210

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 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 41606 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

ZIPPlaceDistance2 BR SAFMR
41669Wheelwright1.1 mi$910
41612Bypro1.3 mi$930
41667Weeksbury3.0 mi$930
41650Melvin3.0 mi$930
41862Topmost3.5 mi$910
41859Dema4.0 mi$980

Questions

What is the Fair Market Rent for ZIP code 41606?

HUD's FY2027 Small Area Fair Market Rents for 41606 are $660 (studio), $710 (1 BR), $930 (2 BR), $1,240 (3 BR) and $1,250 (4 BR) a month.

What is the Section 8 payment standard in 41606?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 41606 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 41606?

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.