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Corydon, IN

CitySAFMR
Crawford County
Found 1 ZIP

City Median Investment Score

98Above average

095130300
BRFMR
Eff. Rent
0 BR$810$810
1 BR$880$880
2 BR$1,060$1,060
3 BR$1,350$1,350
4 BR$1,560$1,560
5 BR$1,794Not available
6 BR$2,063Not available
7 BR$2,373Not available
8 BR$2,728Not available

Purchase Price Calculator

Maximum purchase price
$95,599

Cost breakdown

+Likely effective rent$1,060
HUD FMRUsed$1,060
Market rentN/A
Est. payment standardN/A
-Principal and interest-$483
Loan amount$76,479
Down payment$19,120
Rate6.50%
Term30 years
-Operating costs-$377
Property taxes-$96
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,291(90.4% ROI)
Projected value
$102,950
Return breakdown
Property appreciation+$7,351
Loan principal paid down+$2,740
Rental cash flow+$7,200
5-year hold
+$29,449(154.0% ROI)
Projected value
$108,162
Return breakdown
Property appreciation+$12,563
Loan principal paid down+$4,886
Rental cash flow+$12,000
10-year hold
+$62,419(326.5% ROI)
Projected value
$122,375
Return breakdown
Property appreciation+$26,776
Loan principal paid down+$11,643
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

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
--
Mortgage rate
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Corydon, IN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Corydon, IN is $1,060 a month. That is down 4.5% from $1,110 in FY 2026. Corydon is in the Crawford County, IN non-metropolitan 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 county-wide two-bedroom FMR of $1,014. The median county two-bedroom FMR in Indiana is $1,086, so Corydon is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Corydon, IN
BedroomsFY 2027Change90–110% range
Studio$810−3.6%$729–$891
1BR$880−3.3%$792–$968
2BR$1,060−4.5%$954–$1,166
3BR$1,350−4.9%$1,215–$1,485
4BR$1,560−5.5%$1,404–$1,716

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Corydon, IN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$810$880$1,060$1,350$1,560
FY 2026$840$910$1,110$1,420$1,650
FY 2025$880$970$1,180$1,540$1,760
FY 2024$840$930$1,120$1,460$1,680
FY 2023$660$740$890$1,180$1,360

Questions about Corydon, IN rents

How much will Section 8 pay for a two-bedroom in Corydon, IN?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,060 it would be $954 to $1,166. 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 Corydon, IN in?

Corydon, IN is in the Crawford County, IN non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in Corydon, IN for FY 2027?

The two-bedroom FMR fell 4.5%, from $1,110 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 19.1%.

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