Skip to main content
Loading page
Grant County/Verona/41092

41092

ZIPSAFMR
Grant County, KY
Zillow

ZIP Investment Score

91Below average

095130300
BRFMR
Eff. Rent
0 BR$970$970
1 BR$1,040$1,040
2 BR$1,330$1,330
3 BR$1,750$1,750
4 BR$1,970$1,970
5 BR$2,266Not available
6 BR$2,605Not available
7 BR$2,996Not available
8 BR$3,446Not available

Purchase Price Calculator

Maximum purchase price
$135,721

Cost breakdown

+Likely effective rent$1,330
HUD FMRUsed$1,330
Market rentN/A
Est. payment standardN/A
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 41092 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 41092 (Verona, KY) is $1,330 a month. That is up 4.7% from $1,270 in FY 2026. Verona is in the Grant County, KY HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 8 ZIP codes in Grant County, 41092 has the 2nd-highest two-bedroom rent (county range $1,010–$1,430). The median county two-bedroom FMR in Kentucky is $925, so ZIP 41092 is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 41092
BedroomsFY 2027Change90–110% range
Studio$970+7.8%$873–$1,067
1BR$1,040+5.1%$936–$1,144
2BR$1,330+4.7%$1,197–$1,463
3BR$1,750+4.2%$1,575–$1,925
4BR$1,970+6.5%$1,773–$2,167

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 41092
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$970$1,040$1,330$1,750$1,970
FY 2026$900$990$1,270$1,680$1,850
FY 2025$830$930$1,210$1,600$1,770
FY 2024$770$870$1,130$1,500$1,670
FY 2023$700$800$1,040$1,390$1,570

Two-bedroom rent in nearby Grant County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 41092
41003$1,010−24.1%
41010$1,150−13.5%
41030$1,200−9.8%
41035$1,150−13.5%
41046$1,430+7.5%
41052$1,210−9.0%
41092Current$1,330—
41097$1,080−18.8%

Questions about ZIP 41092 rents

How much will Section 8 pay for a two-bedroom in ZIP 41092?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 a month. 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 41092 in?

ZIP 41092 is in the Grant County, KY HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 41092 for FY 2027?

The two-bedroom FMR rose 4.7%, from $1,270 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 27.9%.

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 rentVerona, KY fair market rentKY statewide rentsWhat is SAFMR?Data sources