ZIP 47858 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 47858 in the Terre Haute, IN FMR area.

Terre Haute, IN

$810Efficiency

$8201 bedroom

$1,0602 bedrooms

$1,3003 bedrooms

$1,5604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$810	$729	$891	$890
1 bedroom	$820	$738	$902	$896
2 bedrooms	$1,060	$954	$1,166	$1,164
3 bedrooms	$1,300	$1,170	$1,430	$1,387
4 bedrooms	$1,560	$1,404	$1,716	$1,610

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

Sullivan County, IN

$810Efficiency

$8201 bedroom

$1,0602 bedrooms

$1,3003 bedrooms

$1,5604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$810	$729	$891	$810
1 bedroom	$820	$738	$902	$816
2 bedrooms	$1,060	$954	$1,166	$1,067
3 bedrooms	$1,300	$1,170	$1,430	$1,370
4 bedrooms	$1,560	$1,404	$1,716	$1,783

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

Income in ZIP 47858

$66,077average adjusted gross income per tax return (2022)

$48,107average salaries and wages per return

300tax returns filed

19%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	30.0%
$25,000 to $50,000	20.0%
$50,000 to $75,000	16.7%
$75,000 to $100,000	13.3%
$100,000 to $200,000	20.0%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 6.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 47858?

HUD's FY2027 Small Area FMRs for ZIP 47858 (Terre Haute, IN) are $810 efficiency, $820 one bedroom, $1,060 two bedrooms, $1,300 three and $1,560 four bedrooms.

What payment standard can a housing authority set in ZIP 47858?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $954 to $1,166.

How affordable is rent in ZIP 47858?

Tax returns filed from ZIP 47858 reported an average adjusted gross income of $66,077 (2022). A two-bedroom unit at the Small Area FMR costs $12,720 a year, or 19% of that income.