ZIP 47997 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 47997 in the Carroll County, IN FMR area.
$750Efficiency
$7801 bedroom
$1,0102 bedrooms
$1,2203 bedrooms
$1,3904 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $750 | $675 | $825 | $760 |
| 1 bedroom | $780 | $702 | $858 | $787 |
| 2 bedrooms | $1,010 | $909 | $1,111 | $1,027 |
| 3 bedrooms | $1,220 | $1,098 | $1,342 | $1,232 |
| 4 bedrooms | $1,390 | $1,251 | $1,529 | $1,396 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 47997?
HUD's FY2027 Small Area FMRs for ZIP 47997 (Carroll County, IN) are $750 efficiency, $780 one bedroom, $1,010 two bedrooms, $1,220 three and $1,390 four bedrooms.
What payment standard can a housing authority set in ZIP 47997?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.