FY2027 Small Area FMR · Revelo, KY

ZIP 42638 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 42638 (Revelo, KY) is $930 a month, up 1.1% from FY2026. That is 2% above the McCreary County, KY area-wide FMR of $909.

2-bedroom SAFMR$930per month ▲ 1.1%

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

Rank in the area7thof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$837

2 BR Small Area FMR$930

110% of SAFMR$1,023

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

Studio$660■ 0.0%

1 BR$850▲ 1.2%

2 BR$930▲ 1.1%

3 BR$1,170▲ 2.6%

4 BR$1,290▲ 0.8%

FY2027 FY2026

Where 42638 sits in the McCreary County, KY area

Of the 8 ZIP codes HUD lists for the area, 42638 has the 7th 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 $930 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	$650	$660
1 bedroom	$850	$765 – $935	$835	$840
2 bedrooms	$930	$837 – $1,023	$909	$920
3 bedrooms	$1,170	$1,053 – $1,287	$1,147	$1,140
4 bedrooms	$1,290	$1,161 – $1,419	$1,270	$1,280

A household renting a two-bedroom home at the Small Area FMR of $930 needs about $37,200 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 42638 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

ZIP	Place	Distance	2 BR SAFMR
42635	Pine Knot	4.1 mi	$910
42649	Strunk	4.3 mi	$960
42631	Marshes Siding	4.6 mi	$1,120
42653	Whitley City	7.5 mi	$1,120
42647	Stearns	8.7 mi	$940
37892	Winfield	10.3 mi	$1,000

Questions

What is the Fair Market Rent for ZIP code 42638?

HUD's FY2027 Small Area Fair Market Rents for 42638 are $660 (studio), $850 (1 BR), $930 (2 BR), $1,170 (3 BR) and $1,290 (4 BR) a month.

What is the Section 8 payment standard in 42638?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 42638 that range is $837 to $1,023 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 42638?

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.