40047
ZIPSAFMR
Bullitt County, KY
BRFMR
Eff. Rent
0 BR$850$940
1 BR$920$1,010
2 BR$1,120$1,230
3 BR$1,430$1,570
4 BR$1,660$1,830
5 BR$1,909
6 BR$2,195
7 BR$2,525
8 BR$2,903

Purchase Price Calculator

Maximum purchase price
$120,861

Cost breakdown

+Likely effective rent$1,230
HUD FMR$1,120
Market rent$1,750
Est. payment standard (110%)Used$1,230
Estimated payment standard is $1,230 (110% of FMR).
-Principal and interest-$611
Loan amount$96,689
Down payment$24,172
Rate6.50%
Term30 years
-Operating costs-$419
Property taxes-$121
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,957(82.6% ROI)
Projected value
$130,154
Current value$120,861
Return breakdown
Property appreciation+$9,293
Loan principal paid down+$3,464
Rental cash flow+$7,200
5-year hold
+$34,060(140.9% ROI)
Projected value
$136,743
Current value$120,861
Return breakdown
Property appreciation+$15,882
Loan principal paid down+$6,177
Rental cash flow+$12,000
10-year hold
+$72,571(300.2% ROI)
Projected value
$154,712
Current value$120,861
Return breakdown
Property appreciation+$33,851
Loan principal paid down+$14,720
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.52ratio
FMR$850
Market$1,650
vs market-$800

FMR is below market; voucher rent may lag private rents.

0.52
1 BR
1 BR
0.68ratio
FMR$920
Market$1,360
vs market-$440

FMR is below market; voucher rent may lag private rents.

90% standard$828 / 0.61 ratio110% standard$1,012 / 0.74 ratio
0.68
2 BR
2 BR
0.64ratio
FMR$1,120
Market$1,750
vs market-$630

FMR is below market; voucher rent may lag private rents.

90% standard$1,008 / 0.58 ratio110% standard$1,232 / 0.70 ratio
0.64
3 BR
3 BR
0.73ratio
FMR$1,430
Market$1,960
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$1,287 / 0.66 ratio110% standard$1,573 / 0.80 ratio
0.73
4 BR
4 BR
0.66ratio
FMR$1,660
Market$2,510
vs market-$850

FMR is below market; voucher rent may lag private rents.

90% standard$1,494 / 0.60 ratio110% standard$1,826 / 0.73 ratio
0.66
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 40047 (KY) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

40047 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 40047 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,120 and the 4 bedroom fair market rent is $1,660.

Use this page for searches like 40047 FMR, 40047 fair market rent, and 40047 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 40047
Bedroom sizeHUD FMR
Studio$850
1 bedroom$920
2 bedroom$1,120
3 bedroom$1,430
4 bedroom$1,660