ZIP 47306 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 47306 in the Muncie, IN MSA FMR area.
$960Efficiency
$9801 bedroom
$1,2202 bedrooms
$1,5403 bedrooms
$2,0104 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $960 | $864 | $1,056 | $899 |
| 1 bedroom | $980 | $882 | $1,078 | $913 |
| 2 bedrooms | $1,220 | $1,098 | $1,342 | $1,145 |
| 3 bedrooms | $1,540 | $1,386 | $1,694 | $1,438 |
| 4 bedrooms | $2,010 | $1,809 | $2,211 | $1,890 |
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 47306?
HUD's FY2027 Small Area FMRs for ZIP 47306 (Muncie, IN MSA) are $960 efficiency, $980 one bedroom, $1,220 two bedrooms, $1,540 three and $2,010 four bedrooms.
What payment standard can a housing authority set in ZIP 47306?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,098 to $1,342.