Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Cory, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cory, IN is $1,120 a month. That is up 7.7% from $1,040 in FY 2026. Cory is in the Terre Haute, IN HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,164. The median county two-bedroom FMR in Indiana is $1,086, so Cory is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cory, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$820
$850
+3.7%
$765–$935
1BR
$820
$860
+4.9%
$774–$946
2BR
$1,040
$1,120
+7.7%
$1,008–$1,232
3BR
$1,250
$1,340
+7.2%
$1,206–$1,474
4BR
$1,460
$1,550
+6.2%
$1,395–$1,705
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cory, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$860
$1,120
$1,340
$1,550
FY 2026
$820
$820
$1,040
$1,250
$1,460
FY 2025
$750
$750
$950
$1,150
$1,330
FY 2024
$710
$740
$920
$1,120
$1,340
FY 2023
$630
$670
$840
$1,030
$1,260
Questions about Cory, IN rents
How much will Section 8 pay for a two-bedroom in Cory, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,164, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,048 to $1,280 a month; under the ZIP-level Small Area FMR of $1,120 it would be $1,008 to $1,232. 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 Cory, IN in?
Cory, IN is in the Terre Haute, IN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,164.
How much did fair market rent change in Cory, IN for FY 2027?
The two-bedroom FMR rose 7.7%, from $1,040 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 33.3%.
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