Location: Robertson County, KY | Metro: Fleming County, KY
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $143,391 | 0.71% | D |
| 3BR | $1,220 | $242,961 | 0.5% | F |
| 4BR | $1,500 | $378,919 | 0.4% | F |
U.S. Census Bureau data (2024)
The ZIP code 41055 in Kentucky has a population of 1,897 individuals, with 18.3% being renters. This indicates that it is not heavily dominated by renters but rather has a moderate rental presence. The median household income stands at $64,967, which provides insight into the financial capabilities of potential tenants.
A typical market rent of $740 in this area represents approximately 11.4% of the median household income. This percentage is relatively low, suggesting that most residents can afford rent without significant strain on their finances. However, when comparing the market rent to the Fair Market Rent (FMR) of $920 for fiscal year 2026, it becomes evident that there is room for higher rents, especially considering the FMR reflects a metro-wide average, which might be skewed by higher-income areas.
The demand for Section 8 vouchers in ZIP 41055 is likely to be moderate given the rental rate and the income level of the residents. Landlords should anticipate a mix of tenants, some of whom will have the means to pay market rates, while others will rely on government assistance such as Section 8 vouchers. The income level suggests that those who qualify for vouchers may find the $740 rent affordable, though they would still need to contribute a portion of their income towards rent.
In summary, ZIP 41055 is a region where landlords can expect a balanced tenant pool. While not a hotbed for voucher demand, it does offer opportunities for both market-rate rentals and those willing to accept Section 8 vouchers. Tenants will generally be able to meet their housing obligations, making it a stable investment environment for small-portfolio investors.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.