FY2027 Small Area FMR · Sharon Grove, KY
ZIP 42280 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42280 (Sharon Grove, KY) is $970 a month, up 7.8% from FY2026. That is 8% below the Todd County, KY area-wide FMR of $1,054.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 42280 sits in the Todd County, KY area
Of the 13 ZIP codes HUD lists for the area, 42280 has the 9th highest two-bedroom Small Area FMR. Todd 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 $1,054 for two bedrooms; an agency that opts in to Small Area FMRs would use $970 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $690 | $621 – $759 | $753 | $650 |
| 1 bedroom | $740 | $666 – $814 | $806 | $690 |
| 2 bedrooms | $970 | $873 – $1,067 | $1,054 | $900 |
| 3 bedrooms | $1,190 | $1,071 – $1,309 | $1,256 | $1,170 |
| 4 bedrooms | $1,340 | $1,206 – $1,474 | $1,466 | $1,310 |
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 $76,100 and the 80% low-income limit for four people is $60,900. ZIP code 42280 lies mainly in Todd County. See the Todd County, KY county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 42280?
HUD's FY2027 Small Area Fair Market Rents for 42280 are $690 (studio), $740 (1 BR), $970 (2 BR), $1,190 (3 BR) and $1,340 (4 BR) a month.
What is the Section 8 payment standard in 42280?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42280 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 42280?
The FY2026 income limits of the Todd County, KY area apply: median family income $76,100, low-income (80%) limit $60,900 for a family of four.