FY2027 Small Area FMR · Mortons Gap, KY

ZIP 42440 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42440 (Mortons Gap, KY) is $910 a month, up 4.6% from FY2026. That is 5% below the Hopkins County, KY area-wide FMR of $959.

2-bedroom SAFMR$910per month ▲ 4.6%

Area-wide 2 BR FMR$959Hopkins County, KY

Rank in the area12thof 13 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$660▲ 3.1%

1 BR$690▲ 4.5%

2 BR$910▲ 4.6%

3 BR$1,180▲ 5.4%

4 BR$1,330▲ 3.9%

FY2027 FY2026

Where 42440 sits in the Hopkins County, KY area

Of the 13 ZIP codes HUD lists for the area, 42440 has the 12th highest two-bedroom Small Area FMR. Hopkins 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 $959 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	$660	$594 – $726	$701	$640
1 bedroom	$690	$621 – $759	$733	$660
2 bedrooms	$910	$819 – $1,001	$959	$870
3 bedrooms	$1,180	$1,062 – $1,298	$1,249	$1,120
4 bedrooms	$1,330	$1,197 – $1,463	$1,405	$1,280

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 $74,600 and the 80% low-income limit for four people is $59,700. ZIP code 42440 lies mainly in Hopkins County. See the Hopkins County, KY county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
42410	Earlington	3.7 mi	$920
42442	Nortonville	5.2 mi	$1,220
42431	Madisonville	6.5 mi	$980
42464	White Plains	7.2 mi	$1,220
42344	Graham	8.4 mi	$960
42453	Saint Charles	9.0 mi	$1,220

Questions

What is the Fair Market Rent for ZIP code 42440?

HUD's FY2027 Small Area Fair Market Rents for 42440 are $660 (studio), $690 (1 BR), $910 (2 BR), $1,180 (3 BR) and $1,330 (4 BR) a month.

What is the Section 8 payment standard in 42440?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42440 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 42440?

The FY2026 income limits of the Hopkins County, KY area apply: median family income $74,600, low-income (80%) limit $59,700 for a family of four.