FY2027 Small Area FMR · Sedalia, KY

ZIP 42079 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42079 (Sedalia, KY) is $950 a month, up 6.7% from FY2026. That is 5% above the Graves County, KY area-wide FMR of $909.

2-bedroom SAFMR$950per month ▲ 6.7%

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

Rank in the area13thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$855

2 BR Small Area FMR$950

110% of SAFMR$1,045

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

Studio$680▲ 6.2%

1 BR$730▲ 7.4%

2 BR$950▲ 6.7%

3 BR$1,270▲ 2.4%

4 BR$1,330▲ 0.8%

FY2027 FY2026

Where 42079 sits in the Graves County, KY area

Of the 19 ZIP codes HUD lists for the area, 42079 has the 13th highest two-bedroom Small Area FMR. Graves 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 $950 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	$680	$612 – $748	$650	$640
1 bedroom	$730	$657 – $803	$695	$680
2 bedrooms	$950	$855 – $1,045	$909	$890
3 bedrooms	$1,270	$1,143 – $1,397	$1,219	$1,240
4 bedrooms	$1,330	$1,197 – $1,463	$1,270	$1,320

A household renting a two-bedroom home at the Small Area FMR of $950 needs about $38,000 a year to keep housing costs at 30% of income. The area median family income is $64,200 and the 80% low-income limit for four people is $57,500. ZIP code 42079 lies mainly in Graves County. See the Graves County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42040	Farmington	6.2 mi	$1,040
38226	Dukedom	8.7 mi	$1,000
38241	Palmersville	9.7 mi	$1,000
42088	Wingo	9.8 mi	$910
42066	Mayfield	11.8 mi	$990
42085	Water Valley	12.0 mi	$910

Questions

What is the Fair Market Rent for ZIP code 42079?

HUD's FY2027 Small Area Fair Market Rents for 42079 are $680 (studio), $730 (1 BR), $950 (2 BR), $1,270 (3 BR) and $1,330 (4 BR) a month.

What is the Section 8 payment standard in 42079?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42079 that range is $855 to $1,045 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 42079?

The FY2026 income limits of the Graves County, KY area apply: median family income $64,200, low-income (80%) limit $57,500 for a family of four.