FY2027 Small Area FMR · Paducah, KY

ZIP 42001 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42001 (Paducah, KY) is $1,220 a month, up 6.1% from FY2026. That is 8% above the McCracken County, KY area-wide FMR of $1,131.

2-bedroom SAFMR$1,220per month ▲ 6.1%

Area-wide 2 BR FMR$1,131McCracken County, KY

Rank in the area2ndof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,098

2 BR Small Area FMR$1,220

110% of SAFMR$1,342

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

Studio$850▲ 7.6%

1 BR$1,000▲ 7.5%

2 BR$1,220▲ 6.1%

3 BR$1,450▲ 5.1%

4 BR$1,740▼ 9.8%

FY2027 FY2026

Where 42001 sits in the McCracken County, KY area

Of the 9 ZIP codes HUD lists for the area, 42001 has the 2nd highest two-bedroom Small Area FMR. McCracken 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 $1,131 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,220 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	$850	$765 – $935	$788	$790
1 bedroom	$1,000	$900 – $1,100	$924	$930
2 bedrooms	$1,220	$1,098 – $1,342	$1,131	$1,150
3 bedrooms	$1,450	$1,305 – $1,595	$1,348	$1,380
4 bedrooms	$1,740	$1,566 – $1,914	$1,616	$1,930

A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $102,400 and the 80% low-income limit for four people is $79,350. ZIP code 42001 lies mainly in McCracken County. See the McCracken County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42086	West Paducah	5.3 mi	$1,250
42003	Paducah	7.5 mi	$960
42060	Lovelaceville	7.9 mi	$1,200
42069	Melber	8.1 mi	$960
42027	Boaz	9.1 mi	$1,050
42061	Lowes	10.7 mi	$940

Questions

What is the Fair Market Rent for ZIP code 42001?

HUD's FY2027 Small Area Fair Market Rents for 42001 are $850 (studio), $1,000 (1 BR), $1,220 (2 BR), $1,450 (3 BR) and $1,740 (4 BR) a month.

What is the Section 8 payment standard in 42001?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42001 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 42001?

The FY2026 income limits of the McCracken County, KY area apply: median family income $102,400, low-income (80%) limit $79,350 for a family of four.