FY2027 Small Area FMR · Drakesboro, KY

ZIP 42337 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42337 (Drakesboro, KY) is $1,100 a month, down 9.8% from FY2026. That is 21% above the Muhlenberg County, KY area-wide FMR of $909.

2-bedroom SAFMR$1,100per month ▼ 9.8%

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

Rank in the area3rdof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$990

2 BR Small Area FMR$1,100

110% of SAFMR$1,210

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

Studio$790▼ 9.2%

1 BR$840▼ 9.7%

2 BR$1,100▼ 9.8%

3 BR$1,320▼ 9.6%

4 BR$1,550▼ 9.9%

FY2027 FY2026

Where 42337 sits in the Muhlenberg County, KY area

Of the 17 ZIP codes HUD lists for the area, 42337 has the 3rd highest two-bedroom Small Area FMR. Muhlenberg 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 $1,100 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	$650	$870
1 bedroom	$840	$756 – $924	$695	$930
2 bedrooms	$1,100	$990 – $1,210	$909	$1,220
3 bedrooms	$1,320	$1,188 – $1,452	$1,083	$1,460
4 bedrooms	$1,550	$1,395 – $1,705	$1,220	$1,720

A household renting a two-bedroom home at the Small Area FMR of $1,100 needs about $44,000 a year to keep housing costs at 30% of income. The area median family income is $72,500 and the 80% low-income limit for four people is $58,000. ZIP code 42337 lies mainly in Muhlenberg County. See the Muhlenberg County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42326	Browder	3.5 mi	$1,050
42323	Beechmont	5.1 mi	$1,080
42324	Belton	5.5 mi	$990
42273	Rochester	6.2 mi	$1,090
42321	Beech Creek	6.3 mi	$1,040
42339	Dunmor	7.3 mi	$920

Questions

What is the Fair Market Rent for ZIP code 42337?

HUD's FY2027 Small Area Fair Market Rents for 42337 are $790 (studio), $840 (1 BR), $1,100 (2 BR), $1,320 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 42337?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42337 that range is $990 to $1,210 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 42337?

The FY2026 income limits of the Muhlenberg County, KY area apply: median family income $72,500, low-income (80%) limit $58,000 for a family of four.