ZIP 47613 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47613 in the Evansville, IN MSA FMR area.

Evansville, IN MSA

$900Efficiency
$9101 bedroom
$1,1702 bedrooms
$1,4403 bedrooms
$1,6004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$900$810$990$866
1 bedroom$910$819$1,001$872
2 bedrooms$1,170$1,053$1,287$1,127
3 bedrooms$1,440$1,296$1,584$1,387
4 bedrooms$1,600$1,440$1,760$1,534

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

Gibson County, IN

$900Efficiency
$9101 bedroom
$1,1702 bedrooms
$1,4403 bedrooms
$1,6004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$900$810$990$822
1 bedroom$910$819$1,001$828
2 bedrooms$1,170$1,053$1,287$1,083
3 bedrooms$1,440$1,296$1,584$1,364
4 bedrooms$1,600$1,440$1,760$1,524

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

Income in ZIP 47613

$82,679average adjusted gross income per tax return (2022)
$60,532average salaries and wages per return
1,350tax returns filed
17%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.9%
$25,000 to $50,00019.3%
$50,000 to $75,00012.6%
$75,000 to $100,00012.6%
$100,000 to $200,00023.7%
$200,000 or more5.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47613?

HUD's FY2027 Small Area FMRs for ZIP 47613 (Evansville, IN MSA) are $900 efficiency, $910 one bedroom, $1,170 two bedrooms, $1,440 three and $1,600 four bedrooms.

What payment standard can a housing authority set in ZIP 47613?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,053 to $1,287.

How affordable is rent in ZIP 47613?

Tax returns filed from ZIP 47613 reported an average adjusted gross income of $82,679 (2022). A two-bedroom unit at the Small Area FMR costs $14,040 a year, or 17% of that income.