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FY2017 Hypothetical Small Area FMRs For Larue County, KY

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Larue County is part of the Elizabethtown-Fort Knox, KY MSA.

Larue County, KY Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
40051 $440 $490 $650 $950 $1,150 0.883
40052 $420 $470 $620 $900 $1,090 0.815
42716 $420 $470 $620 $900 $1,090 0.684
42718 $420 $470 $620 $900 $1,090 0.773
42748 $420 $470 $620 $900 $1,090 0.828
42757 $450 $500 $670 $980 $1,180 0.910
42764 $420 $470 $620 $900 $1,090 0.815
42776 $440 $490 $650 $950 $1,150 0.875
42784 $420 $470 $620 $900 $1,090 0.749

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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