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IN/Putnam County/Fillmore

Fillmore, IN

CitySAFMR
Putnam County
Found 1 ZIP

City Median Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$950$950
1 BR$1,090$1,090
2 BR$1,270$1,270
3 BR$1,760$1,760
4 BR$2,090$2,090
5 BR$2,404Not available
6 BR$2,764Not available
7 BR$3,179Not available
8 BR$3,655Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMRUsed$1,270
Market rentN/A
Est. payment standardN/A
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
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
--
Tax rate
--
Mortgage rate
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Fillmore, IN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fillmore, IN is $1,270 a month. That is up 5.0% from $1,210 in FY 2026. Fillmore is in the Putnam 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 $1,056. The median county two-bedroom FMR in Indiana is $1,086, so Fillmore is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Fillmore, IN
BedroomsFY 2027Change90–110% range
Studio$950+9.2%$855–$1,045
1BR$1,090+10.1%$981–$1,199
2BR$1,270+5.0%$1,143–$1,397
3BR$1,760+8.0%$1,584–$1,936
4BR$2,090+8.9%$1,881–$2,299

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Fillmore, IN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$950$1,090$1,270$1,760$2,090
FY 2026$870$990$1,210$1,630$1,920
FY 2025$850$940$1,210$1,610$1,890
FY 2024$930$970$1,270$1,700$1,950
FY 2023$730$760$990$1,370$1,550

Questions about Fillmore, IN rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,056, which applies unless the housing authority uses Small Area FMRs, that basic range is $950 to $1,162 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 Fillmore, IN in?

Fillmore, IN is in the Putnam County, IN non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,056.

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

The two-bedroom FMR rose 5.0%, from $1,210 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 28.3%.

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