FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 47129
1.12ratio
FMR$1,000
Market$890
vs market+$110
FMR is above market; underwrite to market rent.
1.12
2 BR
2 BR- 47129
0.94ratio
FMR$1,210
Market$1,290
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 47129
0.91ratio
FMR$1,540
Market$1,700
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 47129
0.86ratio
FMR$1,780
Market$2,060
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.86
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Clarksville, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Clarksville, IN is $1,210 a month. That is up 2.5% from $1,180 in FY 2026. Clarksville is in the Louisville, KY-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 Clarksville is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Clarksville, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$930
+3.3%
$837–$1,023
1BR
$970
$1,000
+3.1%
$900–$1,100
2BR
$1,180
$1,210
+2.5%
$1,089–$1,331
3BR
$1,510
$1,540
+2.0%
$1,386–$1,694
4BR
$1,750
$1,780
+1.7%
$1,602–$1,958
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Clarksville, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$930
$1,000
$1,210
$1,540
$1,780
FY 2026
$900
$970
$1,180
$1,510
$1,750
FY 2025
$940
$1,020
$1,240
$1,600
$1,850
FY 2024
$910
$1,010
$1,220
$1,600
$1,830
FY 2023
$730
$820
$990
$1,310
$1,510
Questions about Clarksville, IN rents
How much will Section 8 pay for a two-bedroom in Clarksville, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,210, that basic range is $1,089 to $1,331 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 Clarksville, IN in?
Clarksville, IN is in the Louisville, KY-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 Clarksville, IN for FY 2027?
The two-bedroom FMR rose 2.5%, from $1,180 in FY 2026 to $1,210 in FY 2027. Since FY 2023 it has risen 22.2%.
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