Skip to main content
Loading page
Meade County/Vine Grove/40175

40175

ZIPSAFMR
Meade County, KY
Zillow

ZIP Investment Score

84Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,160
1 BR$1,060$1,110
2 BR$1,360$1,420
3 BR$1,870$1,690
4 BR$2,140$2,060
5 BR$2,461Not available
6 BR$2,830Not available
7 BR$3,255Not available
8 BR$3,743Not available

Purchase Price Calculator

Maximum purchase price
$149,095

Cost breakdown

+Likely effective rent$1,420
HUD FMR$1,360
Market rent$1,450
Est. payment standard (104%)Used$1,420
-Principal and interest-$754
Loan amount$119,276
Down payment$29,819
Rate6.50%
Term30 years
-Operating costs-$466
Property taxes-$149
Insurance-$175
Utilities$0
HOA$0
Management-$142
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,937(76.9% ROI)
Projected value
$160,559
Return breakdown
Property appreciation+$11,464
Loan principal paid down+$4,273
Rental cash flow+$7,200
5-year hold
+$39,213(131.5% ROI)
Projected value
$168,687
Return breakdown
Property appreciation+$19,592
Loan principal paid down+$7,621
Rental cash flow+$12,000
10-year hold
+$83,918(281.4% ROI)
Projected value
$190,854
Return breakdown
Property appreciation+$41,759
Loan principal paid down+$18,158
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.85
1 BR
0.94
2 BR
0.94
3 BR
1.11
4 BR
1.04
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 40175 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 40175 (Vine Grove, KY) is $1,360 a month. That is down 1.4% from $1,380 in FY 2026. Vine Grove is in the Meade County, KY HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,052. Among 12 ZIP codes in Meade County, 40175 has the highest two-bedroom rent (county range $970–$1,360). The median county two-bedroom FMR in Kentucky is $925, so ZIP 40175 is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 40175
BedroomsFY 2027Change90–110% range
Studio$1,050−1.9%$945–$1,155
1BR$1,060−1.9%$954–$1,166
2BR$1,360−1.4%$1,224–$1,496
3BR$1,870−1.6%$1,683–$2,057
4BR$2,140−1.8%$1,926–$2,354

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 40175
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,060$1,360$1,870$2,140
FY 2026$1,070$1,080$1,380$1,900$2,180
FY 2025$1,060$1,070$1,360$1,870$2,270
FY 2024$920$930$1,200$1,660$2,030
FY 2023$740$750$970$1,360$1,660

Two-bedroom rent in nearby Meade County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 40175
40104$970−28.7%
40108$970−28.7%
40117$1,060−22.1%
40121$1,240−8.8%
40142$1,060−22.1%
40146$970−28.7%
40155$970−28.7%
40157$1,040−23.5%
40161$1,050−22.8%
40171$970−28.7%
40175Current$1,360—
40176$970−28.7%

Questions about ZIP 40175 rents

How much will Section 8 pay for a two-bedroom in ZIP 40175?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,052, which applies unless the housing authority uses Small Area FMRs, that basic range is $947 to $1,157 a month; under the ZIP-level Small Area FMR of $1,360 it would be $1,224 to $1,496. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 40175 in?

ZIP 40175 is in the Meade County, KY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,052.

How much did fair market rent change in ZIP 40175 for FY 2027?

The two-bedroom FMR fell 1.4%, from $1,380 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 40.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentVine Grove, KY fair market rentKY statewide rentsWhat is SAFMR?Data sources