ZIP 47436 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47436 in the Bloomington, IN FMR area.

Bloomington, IN

$900Efficiency

$9501 bedroom

$1,1602 bedrooms

$1,4303 bedrooms

$1,7904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$900	$810	$990	$1,001
1 bedroom	$950	$855	$1,045	$1,096
2 bedrooms	$1,160	$1,044	$1,276	$1,252
3 bedrooms	$1,430	$1,287	$1,573	$1,601
4 bedrooms	$1,790	$1,611	$1,969	$1,932

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Lawrence County, IN

$900Efficiency

$9501 bedroom

$1,1602 bedrooms

$1,4303 bedrooms

$1,7904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$900	$810	$990	$768
1 bedroom	$950	$855	$1,045	$784
2 bedrooms	$1,160	$1,044	$1,276	$1,026
3 bedrooms	$1,430	$1,287	$1,573	$1,222
4 bedrooms	$1,790	$1,611	$1,969	$1,572

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 47436

$65,149average adjusted gross income per tax return (2022)

$43,950average salaries and wages per return

740tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	27.0%
$25,000 to $50,000	25.7%
$50,000 to $75,000	18.9%
$75,000 to $100,000	9.5%
$100,000 to $200,000	18.9%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47436?

HUD's FY2027 Small Area FMRs for ZIP 47436 (Bloomington, IN) are $900 efficiency, $950 one bedroom, $1,160 two bedrooms, $1,430 three and $1,790 four bedrooms.

What payment standard can a housing authority set in ZIP 47436?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,044 to $1,276.

How affordable is rent in ZIP 47436?

Tax returns filed from ZIP 47436 reported an average adjusted gross income of $65,149 (2022). A two-bedroom unit at the Small Area FMR costs $13,920 a year, or 21% of that income.