Location: Perry County, KY | Metro: Breathitt County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,330 |
| 5 Bedrooms | $1,543 |
| 6 Bedrooms | $1,728 |
| 7 Bedrooms | $1,866 |
| 8 Bedrooms | $1,959 |
U.S. Census Bureau data (2024)
The ZIP code 41727 stands out within its county due to its unique demographic and economic characteristics. With only 1,390 residents, it has a low rental rate of 3.2%, indicating that most of its inhabitants are homeowners rather than tenants. The median income of $59,676 suggests a middle-class population, while the median home value of $133,471 points towards a relatively stable housing market.
Regarding the Section 8 voucher program, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940. However, specific market data for ZIP 41727 is currently unavailable, which might indicate limited participation or availability of rental units that accept Section 8 vouchers. Despite this, the overall economic stability of the area could make it attractive for voucher holders seeking affordable housing options.
The data signature of ZIP 41727 reads as predominantly stable. Its low rental rate and high median home value suggest a community where homeownership is the norm. While the lack of detailed market data for Section 8 vouchers could be seen as transitional, the broader economic indicators point towards a steady environment. Landlords and small-portfolio investors should consider these factors when evaluating the potential for Section 8 participation in this ZIP code.
Data Sources: FMR data from HUD (2027). 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.