For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 42241 (Hopkinsville, KY) is $1,220 a month. That is unchanged from FY 2026. Hopkinsville is in the Clarksville, TN-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 $1,307. Among 15 ZIP codes in Christian County, 42241 is tied for the 3rd-highest two-bedroom rent (county range $1,220–$1,570). The median county two-bedroom FMR in Kentucky is $925, so ZIP 42241 is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 42241
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$990
0.0%
$891–$1,089
1BR
$990
$990
0.0%
$891–$1,089
2BR
$1,220
$1,220
0.0%
$1,098–$1,342
3BR
$1,700
$1,690
−0.6%
$1,521–$1,859
4BR
$2,050
$2,040
−0.5%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 42241
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$990
$990
$1,220
$1,690
$2,040
FY 2026
$990
$990
$1,220
$1,700
$2,050
FY 2025
$840
$900
$1,130
$1,580
$1,910
FY 2024
$820
$900
$1,150
$1,610
$1,950
FY 2023
$650
$700
$910
$1,280
$1,550
Two-bedroom rent in nearby Christian County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 42241?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,307, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,176 to $1,438 a month; under the ZIP-level Small Area FMR of $1,220 it would be $1,098 to $1,342. 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 42241 in?
ZIP 42241 is in the Clarksville, TN-KY HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,307.
How much did fair market rent change in ZIP 42241 for FY 2027?
The two-bedroom FMR was unchanged at $1,220 in FY 2027. Since FY 2023 it has risen 34.1%.
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