FY2027 Small Area FMR · Clinton, KY

ZIP 42031 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42031 (Clinton, KY) is $910 a month, up 4.6% from FY2026. That is 0% equal to the Hickman County, KY area-wide FMR of $909.

2-bedroom SAFMR$910per month ▲ 4.6%

Area-wide 2 BR FMR$909Hickman County, KY

Rank in the area4thof 8 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$1,190▲ 4.4%

4 BR$1,190▲ 3.5%

FY2027 FY2026

Where 42031 sits in the Hickman County, KY area

Of the 8 ZIP codes HUD lists for the area, 42031 has the 4th highest two-bedroom Small Area FMR. Hickman 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 $909 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	$650	$620
1 bedroom	$690	$621 – $759	$695	$660
2 bedrooms	$910	$819 – $1,001	$909	$870
3 bedrooms	$1,190	$1,071 – $1,309	$1,190	$1,140
4 bedrooms	$1,190	$1,071 – $1,309	$1,195	$1,150

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 $87,100 and the 80% low-income limit for four people is $69,700. ZIP code 42031 lies mainly in Hickman County. See the Hickman County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42032	Columbus	9.0 mi	$990
42021	Arlington	9.6 mi	$1,100
42041	Fulton	11.3 mi	$910
42039	Fancy Farm	11.6 mi	$910
42023	Bardwell	12.9 mi	$910
42085	Water Valley	13.3 mi	$910

Questions

What is the Fair Market Rent for ZIP code 42031?

HUD's FY2027 Small Area Fair Market Rents for 42031 are $650 (studio), $690 (1 BR), $910 (2 BR), $1,190 (3 BR) and $1,190 (4 BR) a month.

What is the Section 8 payment standard in 42031?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42031 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 42031?

The FY2026 income limits of the Hickman County, KY area apply: median family income $87,100, low-income (80%) limit $69,700 for a family of four.