FY2027 Small Area FMR · Wayland, KY

ZIP 41666 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 41666 (Wayland, KY) is $970 a month, down 9.3% from FY2026. That is 5% above the Floyd County, KY area-wide FMR of $925.

2-bedroom SAFMR$970per month ▼ 9.3%

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

Rank in the area13thof 38 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$873

2 BR Small Area FMR$970

110% of SAFMR$1,067

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

Studio$690▼ 9.2%

1 BR$740▼ 9.8%

2 BR$970▼ 9.3%

3 BR$1,240▼ 5.3%

4 BR$1,300▼ 9.7%

FY2027 FY2026

Where 41666 sits in the Floyd County, KY area

Of the 38 ZIP codes HUD lists for the area, 41666 has the 13th 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 $970 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	$690	$621 – $759	$661	$760
1 bedroom	$740	$666 – $814	$707	$820
2 bedrooms	$970	$873 – $1,067	$925	$1,070
3 bedrooms	$1,240	$1,116 – $1,364	$1,230	$1,310
4 bedrooms	$1,300	$1,170 – $1,430	$1,246	$1,440

A household renting a two-bedroom home at the Small Area FMR of $970 needs about $38,800 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 41666 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
41643	Lackey	2.0 mi	$980
41630	Garrett	2.0 mi	$950
41861	Raven	2.4 mi	$980
41651	Minnie	2.6 mi	$930
41859	Dema	4.0 mi	$980
41839	Mousie	4.8 mi	$1,100

Questions

What is the Fair Market Rent for ZIP code 41666?

HUD's FY2027 Small Area Fair Market Rents for 41666 are $690 (studio), $740 (1 BR), $970 (2 BR), $1,240 (3 BR) and $1,300 (4 BR) a month.

What is the Section 8 payment standard in 41666?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 41666 that range is $873 to $1,067 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 41666?

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.