Location: Breathitt County, KY | Metro: Breathitt County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,270 |
| 5 Bedrooms | $1,473 |
| 6 Bedrooms | $1,650 |
| 7 Bedrooms | $1,782 |
| 8 Bedrooms | $1,871 |
The market analysis for Section 8 investors in ZIP code 41310, located in Breathitt County, Kentucky, reveals several key points that will inform investment decisions. The HUD Fair Market Rent (FMR) for the area, as of fiscal year 2026, stands at $870. This figure represents the maximum amount landlords can charge for rental units under the Section 8 program.
Unfortunately, the current market rent data for ZIP 41310 is not available, which complicates a direct comparison between the HUD FMR and the actual rents being charged. However, given the historical context and typical trends in similar rural areas, it's reasonable to infer that voucher tenants would likely cashflow at the FMR rate, assuming the local rental market is stable and does not significantly exceed the HUD FMR. In many cases, especially in rural areas, the HUD FMR aligns closely with the average market rent, making it feasible for landlords to break even or slightly profit without having to seek premium units.
The median home value for ZIP 41310 is also not available, which means deriving a precise rent-to-price ratio is challenging. However, the lack of this data suggests that homeownership may not be the primary focus for residents, indicating that rental properties could be in higher demand. This could support the argument for investing in rental properties, particularly those eligible for Section 8 vouchers.
Regarding the days on market (DOM) and the percentage of price cuts, both figures are unavailable, but these metrics are crucial for understanding the local real estate market's health and the balance between renting and buying. If such data were available, it would provide insight into how quickly properties sell and whether sellers need to reduce their asking prices, reflecting broader economic conditions that might affect rental demand and property values.
The strongest investor angle in ZIP 41310 appears to be stability. Given the limited data available, the consistent HUD FMR provides a reliable income stream for landlords. Stability is critical for long-term investments, especially in a government-assisted housing program where rent payments are guaranteed, barring non-payment by the tenant. This predictability makes ZIP 41310 an attractive location for small-portfolio investors looking for steady returns.
Data Sources: FMR data from HUD (2027).
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.