Section 8 Fair Market Rent (FMR) for ZIP 42221 - 2027

Location: Todd County, KY | Metro: Todd County, KY

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$750
1 Bedroom$800
2 Bedrooms$1,050
3 Bedrooms$1,250
4 Bedrooms$1,460
5 Bedrooms$1,694
6 Bedrooms$1,897
7 Bedrooms$2,049
8 Bedrooms$2,151

The classification of ZIP code 42221 in Unknown, Kentucky, on the axes of yield and stability requires careful analysis given the available data points. On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is reported at $920. This figure is crucial because it represents the maximum rent that a Section 8 voucher holder can pay, indicating the potential rental income in this area.

However, the absence of market rent and home value data for ZIP 42221 makes it challenging to fully assess the yield potential. Typically, a higher FMR relative to market rent would suggest a high-yield environment, but without these comparative figures, we cannot make such a determination. The lack of home value data also means we cannot evaluate the potential for property appreciation or flipping opportunities.

Moving to the stability axis, the missing data for percentage of renters, days on market (DOM), and median income provide little insight into the stability of the rental market. These metrics are key indicators of tenant turnover rates, competition among properties, and the financial health of potential tenants. Without them, it's difficult to gauge how stable the cash flow might be over time.

Given the limited data, ZIP 42221 cannot be definitively classified as either a high-yield/low-stability flip-style market or a steady-cashflow zone. The presence of an FMR figure suggests some potential for rental income, but the lack of other critical data points means the stability of this market remains unclear. Landlords and small-portfolio investors should seek additional local market intelligence to make informed decisions about investment opportunities in this ZIP code.

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.