For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Beverly Shores, IN is $2,020 a month. That is up 66.9% from $1,210 in FY 2026. Beverly Shores is in the Gary, IN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Indiana is $1,086, so Beverly Shores is 86% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Beverly Shores, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$910
$1,580
+73.6%
$1,422–$1,738
1BR
$1,000
$1,660
+66.0%
$1,494–$1,826
2BR
$1,210
$2,020
+66.9%
$1,818–$2,222
3BR
$1,510
$2,460
+62.9%
$2,214–$2,706
4BR
$1,690
$2,680
+58.6%
$2,412–$2,948
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Beverly Shores, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,580
$1,660
$2,020
$2,460
$2,680
FY 2026
$910
$1,000
$1,210
$1,510
$1,690
FY 2025
$790
$930
$1,130
$1,410
$1,590
FY 2024
$770
$910
$1,120
$1,410
$1,570
FY 2023
$660
$800
$990
$1,250
$1,400
Questions about Beverly Shores, IN rents
How much will Section 8 pay for a two-bedroom in Beverly Shores, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,020, that basic range is $1,818 to $2,222 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Beverly Shores, IN in?
Beverly Shores, IN is in the Gary, IN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Beverly Shores, IN for FY 2027?
The two-bedroom FMR rose 66.9%, from $1,210 in FY 2026 to $2,020 in FY 2027. Since FY 2023 it has risen 104.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set