ZIP 47228 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 47228 in the Jackson County, IN FMR area.
$870Efficiency
$8701 bedroom
$1,1402 bedrooms
$1,4403 bedrooms
$1,5004 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $870 | $783 | $957 | $867 |
| 1 bedroom | $870 | $783 | $957 | $873 |
| 2 bedrooms | $1,140 | $1,026 | $1,254 | $1,142 |
| 3 bedrooms | $1,440 | $1,296 | $1,584 | $1,445 |
| 4 bedrooms | $1,500 | $1,350 | $1,650 | $1,507 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 47228?
HUD's FY2027 Small Area FMRs for ZIP 47228 (Jackson County, IN) are $870 efficiency, $870 one bedroom, $1,140 two bedrooms, $1,440 three and $1,500 four bedrooms.
What payment standard can a housing authority set in ZIP 47228?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,026 to $1,254.