ZIP 47529 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47529 in the Daviess County, IN FMR area.

Daviess County, IN

$760Efficiency

$7801 bedroom

$1,0202 bedrooms

$1,2503 bedrooms

$1,3404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$760	$684	$836	$815
1 bedroom	$780	$702	$858	$833
2 bedrooms	$1,020	$918	$1,122	$1,090
3 bedrooms	$1,250	$1,125	$1,375	$1,336
4 bedrooms	$1,340	$1,206	$1,474	$1,433

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

Greene County, IN

$760Efficiency

$7801 bedroom

$1,0202 bedrooms

$1,2503 bedrooms

$1,3404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$760	$684	$836	$770
1 bedroom	$780	$702	$858	$775
2 bedrooms	$1,020	$918	$1,122	$1,014
3 bedrooms	$1,250	$1,125	$1,375	$1,266
4 bedrooms	$1,340	$1,206	$1,474	$1,533

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

Income in ZIP 47529

$57,907average adjusted gross income per tax return (2022)

$42,248average salaries and wages per return

440tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	29.5%
$25,000 to $50,000	25.0%
$50,000 to $75,000	18.2%
$75,000 to $100,000	11.4%
$100,000 to $200,000	15.9%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47529?

HUD's FY2027 Small Area FMRs for ZIP 47529 (Daviess County, IN) are $760 efficiency, $780 one bedroom, $1,020 two bedrooms, $1,250 three and $1,340 four bedrooms.

What payment standard can a housing authority set in ZIP 47529?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $918 to $1,122.

How affordable is rent in ZIP 47529?

Tax returns filed from ZIP 47529 reported an average adjusted gross income of $57,907 (2022). A two-bedroom unit at the Small Area FMR costs $12,240 a year, or 21% of that income.