FY2027 Small Area FMR · Tram, KY

ZIP 41663 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 41663 (Tram, KY) is $1,230 a month, up 15.0% from FY2026. That is 33% above the Floyd County, KY area-wide FMR of $925.

2-bedroom SAFMR$1,230per month ▲ 15.0%

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

Rank in the area2ndof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$880▲ 15.8%

1 BR$940▲ 14.6%

2 BR$1,230▲ 15.0%

3 BR$1,640▲ 25.2%

4 BR$1,660▲ 16.1%

FY2027 FY2026

Where 41663 sits in the Floyd County, KY area

Of the 38 ZIP codes HUD lists for the area, 41663 has the 2nd 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 $1,230 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	$880	$792 – $968	$661	$760
1 bedroom	$940	$846 – $1,034	$707	$820
2 bedrooms	$1,230	$1,107 – $1,353	$925	$1,070
3 bedrooms	$1,640	$1,476 – $1,804	$1,230	$1,310
4 bedrooms	$1,660	$1,494 – $1,826	$1,246	$1,430

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 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 41663 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
41642	Ivel	1.9 mi	$1,260
41603	Banner	2.3 mi	$1,100
41605	Betsy Layne	2.4 mi	$1,150
41659	Stanville	2.4 mi	$1,150
41615	Dana	2.6 mi	$930
41601	Allen	3.9 mi	$910

Questions

What is the Fair Market Rent for ZIP code 41663?

HUD's FY2027 Small Area Fair Market Rents for 41663 are $880 (studio), $940 (1 BR), $1,230 (2 BR), $1,640 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 41663?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 41663 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 41663?

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.