FMR is below market; voucher rent may lag private rents.
0.47
1 BR
1 BR- 47122
0.51ratio
FMR$920
Market$1,790
vs market-$870
FMR is below market; voucher rent may lag private rents.
0.51
2 BR
2 BR- 47122
0.64ratio
FMR$1,110
Market$1,730
vs market-$620
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR- 47122
0.75ratio
FMR$1,420
Market$1,900
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.75
4 BR
4 BR- 47122
0.80ratio
FMR$1,630
Market$2,050
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.80
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
--
Georgetown, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Georgetown, IN is $1,110 a month. That is down 2.6% from $1,140 in FY 2026. Georgetown 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 Georgetown is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Georgetown, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$870
$850
−2.3%
$765–$935
1BR
$940
$920
−2.1%
$828–$1,012
2BR
$1,140
$1,110
−2.6%
$999–$1,221
3BR
$1,460
$1,420
−2.7%
$1,278–$1,562
4BR
$1,690
$1,630
−3.6%
$1,467–$1,793
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Georgetown, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$920
$1,110
$1,420
$1,630
FY 2026
$870
$940
$1,140
$1,460
$1,690
FY 2025
$910
$1,000
$1,210
$1,560
$1,810
FY 2024
$890
$990
$1,190
$1,560
$1,790
FY 2023
$720
$810
$970
$1,290
$1,480
Questions about Georgetown, IN rents
How much will Section 8 pay for a two-bedroom in Georgetown, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,110, that basic range is $999 to $1,221 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 Georgetown, IN in?
Georgetown, 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 Georgetown, IN for FY 2027?
The two-bedroom FMR fell 2.6%, from $1,140 in FY 2026 to $1,110 in FY 2027. Since FY 2023 it has risen 14.4%.
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