Location: Wolfe County, KY | Metro: Menifee 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 | $770 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,460 | $162,220 | 0.9% | C |
U.S. Census Bureau data (2024)
5.8% of residents in ZIP code 41425 are renters, indicating a modest demand for rental properties in the area. However, the $145,911 median home value suggests that the overall housing market is relatively stable and valuable. For those considering rental investments, the $1,170 Fair Market Rent (FMR) for the metro area in fiscal year 2026 provides a benchmark for what tenants might be willing to pay under Section 8 guidelines. This figure is crucial for landlords who wish to participate in the program, ensuring they receive a fair reimbursement for their units. The median income of $43,917 offers insight into the financial capacity of potential tenants, aligning well with the income limits set by Section 8. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut shares, which could indicate the speed and ease of renting out properties, the combination of a reasonable renter share and a solid median home value makes ZIP 41425 a viable option for small-portfolio investors looking to leverage Section 8. The FMR provides a clear guideline for setting rents that are both attractive to tenants and financially feasible for landlords.
Given the data, it's evident that while the demand for rentals isn't overwhelming, the stability of the housing market and alignment with Section 8 income limits make it a secure investment. Landlords can expect to attract tenants who qualify for the program without the need for extensive marketing efforts or significant price adjustments. The participation in Section 8 can ensure a steady stream of income, protected against non-payment risks, making it an appealing choice for those who prioritize security over rapid turnover or high rental yields.
41425, based on the provided figures, is a suitable ZIP code for Section 8 participation, offering a balanced approach to rental property management and investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.