FY2027 Small Area FMR · Marshes Siding, KY
ZIP 42631 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42631 (Marshes Siding, KY) is $1,120 a month, up 16.7% from FY2026. That is 23% above the McCreary County, KY area-wide FMR of $909.
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 42631 sits in the McCreary County, KY area
Of the 8 ZIP codes HUD lists for the area, 42631 has the 1st highest two-bedroom Small Area FMR. McCreary 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 $1,120 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $800 | $720 – $880 | $650 | $690 |
| 1 bedroom | $1,030 | $927 – $1,133 | $835 | $880 |
| 2 bedrooms | $1,120 | $1,008 – $1,232 | $909 | $960 |
| 3 bedrooms | $1,410 | $1,269 – $1,551 | $1,147 | $1,180 |
| 4 bedrooms | $1,570 | $1,413 – $1,727 | $1,270 | $1,340 |
A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $44,800 and the 80% low-income limit for four people is $57,500. ZIP code 42631 lies mainly in McCreary County. See the McCreary 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 42631?
HUD's FY2027 Small Area Fair Market Rents for 42631 are $800 (studio), $1,030 (1 BR), $1,120 (2 BR), $1,410 (3 BR) and $1,570 (4 BR) a month.
What is the Section 8 payment standard in 42631?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42631 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 42631?
The FY2026 income limits of the McCreary County, KY area apply: median family income $44,800, low-income (80%) limit $57,500 for a family of four.