Location: Taylor County, KY | Metro: Taylor County, KY
| Unit Size | Monthly FMR |
|---|---|
| Studio | $650 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $910 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,280 |
| 5 Bedrooms | $1,485 |
| 6 Bedrooms | $1,663 |
| 7 Bedrooms | $1,796 |
| 8 Bedrooms | $1,886 |
ZIP code 42758, located within Taylor County, KY, has a Fair Market Rent (FMR) of $870 for fiscal year 2026. This figure represents the maximum amount that a low-income household can pay for housing and still have enough money left over for other basic needs.
The lack of data on market rent, home value, and renter share percentages for ZIP 42758 makes direct comparisons with other areas in Taylor County challenging. However, based on the FMR alone, we can infer certain characteristics about the area. An FMR of $870 suggests that it falls into the lower end of the rental spectrum compared to the overall metro area. Typically, areas with lower FMRs attract more low-income households, including those who rely on Section 8 vouchers.
In the context of Taylor County, KY, where specific data points are missing, the presence of an FMR without corresponding market rent or home value data could indicate that 42758 is a niche market catering primarily to low-income renters. The absence of a high renter share percentage, coupled with the low FMR, might suggest that while it's affordable, it may not be attracting a significantly higher proportion of renters relative to homeowners.
Taylor County, KY, as a whole, likely has a mix of ZIP codes with varying levels of affordability and desirability. ZIP 42758, with its lower FMR, could be considered a value pocket within the metro area. It offers more affordable options for low-income households, which aligns well with the objectives of the Section 8 program. Landlords and small-portfolio investors should consider this when evaluating potential investment opportunities, as the demand for affordable housing remains strong.
Without additional data on market rents and home values for comparison, it is difficult to determine if 42758 stands out as a particularly attractive location for Section 8 participants beyond its affordability. Nonetheless, the low FMR is a significant indicator that the area is positioned to serve the needs of low-income tenants effectively.
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.