ZIP 47917 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 47917 in the Warren County, IN FMR area.
Warren County, IN
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $810 | $729 | $891 | $750 |
| 1 bedroom | $930 | $837 | $1,023 | $892 |
| 2 bedrooms | $1,120 | $1,008 | $1,232 | $1,014 |
| 3 bedrooms | $1,350 | $1,215 | $1,485 | $1,328 |
| 4 bedrooms | $1,800 | $1,620 | $1,980 | $1,333 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Lafayette-West Lafayette, IN
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $810 | $729 | $891 | $942 |
| 1 bedroom | $930 | $837 | $1,023 | $1,070 |
| 2 bedrooms | $1,120 | $1,008 | $1,232 | $1,273 |
| 3 bedrooms | $1,350 | $1,215 | $1,485 | $1,517 |
| 4 bedrooms | $1,800 | $1,620 | $1,980 | $2,128 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Income in ZIP 47917
| Adjusted gross income | Share of returns |
|---|---|
| $1 to $25,000 | 37.5% |
| $25,000 to $50,000 | 25.0% |
| $50,000 to $75,000 | 18.8% |
| $75,000 to $100,000 | 18.8% |
| $100,000 to $200,000 | 0.0% |
| $200,000 or more | 0.0% |
IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.8% of returns claimed the Earned Income Tax Credit.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 47917?
HUD's FY2027 Small Area FMRs for ZIP 47917 (Warren County, IN) are $810 efficiency, $930 one bedroom, $1,120 two bedrooms, $1,350 three and $1,800 four bedrooms.
What payment standard can a housing authority set in ZIP 47917?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,008 to $1,232.
How affordable is rent in ZIP 47917?
Tax returns filed from ZIP 47917 reported an average adjusted gross income of $48,088 (2022). A two-bedroom unit at the Small Area FMR costs $13,440 a year, or 28% of that income.