FY2027 Small Area FMR · New Concord, KY

ZIP 42076 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42076 (New Concord, KY) is $1,090 a month, up 1.9% from FY2026. That is 6% below the Calloway County, KY area-wide FMR of $1,155.

2-bedroom SAFMR$1,090per month ▲ 1.9%

Area-wide 2 BR FMR$1,155Calloway County, KY

Rank in the area5thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$981

2 BR Small Area FMR$1,090

110% of SAFMR$1,199

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

Studio$790▲ 3.9%

1 BR$830▲ 1.2%

2 BR$1,090▲ 1.9%

3 BR$1,300▲ 1.6%

4 BR$1,510▲ 7.1%

FY2027 FY2026

Where 42076 sits in the Calloway County, KY area

Of the 10 ZIP codes HUD lists for the area, 42076 has the 5th highest two-bedroom Small Area FMR. Calloway 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 $1,155 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,090 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	$790	$711 – $869	$848	$760
1 bedroom	$830	$747 – $913	$883	$820
2 bedrooms	$1,090	$981 – $1,199	$1,155	$1,070
3 bedrooms	$1,300	$1,170 – $1,430	$1,376	$1,280
4 bedrooms	$1,510	$1,359 – $1,661	$1,518	$1,410

A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 a year to keep housing costs at 30% of income. The area median family income is $82,300 and the 80% low-income limit for four people is $65,850. ZIP code 42076 lies mainly in Calloway County. See the Calloway County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38222	Buchanan	9.1 mi	$1,000
42071	Murray	10.5 mi	$1,170
42036	Dexter	11.4 mi	$1,160
42049	Hazel	13.1 mi	$1,010
42020	Almo	13.1 mi	$1,180
37028	Bumpus Mills	14.1 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 42076?

HUD's FY2027 Small Area Fair Market Rents for 42076 are $790 (studio), $830 (1 BR), $1,090 (2 BR), $1,300 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 42076?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42076 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 42076?

The FY2026 income limits of the Calloway County, KY area apply: median family income $82,300, low-income (80%) limit $65,850 for a family of four.