Skip to main content
Loading page
IN/Spencer County/Lincoln City

Lincoln City, IN

CitySAFMR
Spencer County
Found 1 ZIP
Loading Investment Score

City Median Investment Score

-- 

095130300
BRFMR
Eff. Rent
0 BR$780$780
1 BR$840$840
2 BR$1,090$1,090
3 BR$1,440$1,440
4 BR$1,480$1,480
5 BR$1,702Not available
6 BR$1,957Not available
7 BR$2,251Not available
8 BR$2,589Not available

Purchase Price Calculator

Maximum purchase price
$100,057

Cost breakdown

+Likely effective rent$1,090
HUD FMRUsed$1,090
Market rentN/A
Est. payment standardN/A
-Principal and interest-$506
Loan amount$80,046
Down payment$20,011
Rate6.50%
Term30 years
-Operating costs-$384
Property taxes-$100
Insurance-$175
Utilities$0
HOA$0
Management-$109
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,761(88.8% ROI)
Projected value
$107,751
Return breakdown
Property appreciation+$7,693
Loan principal paid down+$2,868
Rental cash flow+$7,200
5-year hold
+$30,262(151.2% ROI)
Projected value
$113,205
Return breakdown
Property appreciation+$13,148
Loan principal paid down+$5,114
Rental cash flow+$12,000
10-year hold
+$64,210(320.9% ROI)
Projected value
$128,081
Return breakdown
Property appreciation+$28,024
Loan principal paid down+$12,186
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--

Lincoln City, IN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lincoln City, IN is $1,090 a month. That is up 5.8% from $1,030 in FY 2026. Lincoln City is in the Spencer 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.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lincoln City, IN
BedroomsFY 2027Change90–110% range
Studio$780+6.8%$702–$858
1BR$840+6.3%$756–$924
2BR$1,090+5.8%$981–$1,199
3BR$1,440+2.1%$1,296–$1,584
4BR$1,480−0.7%$1,332–$1,628

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lincoln City, IN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$780$840$1,090$1,440$1,480
FY 2026$730$790$1,030$1,410$1,490
FY 2025$680$750$990$1,350$1,510
FY 2024area FMR$585$657$863$1,184$1,407
FY 2023area FMR$552$628$826$1,098$1,358

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Lincoln City, IN rents

How much will Section 8 pay for a two-bedroom in Lincoln City, 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 $1,090 it would be $981 to $1,199. 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 Lincoln City, IN in?

Lincoln City, IN is in the Spencer 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 Lincoln City, IN for FY 2027?

The two-bedroom FMR rose 5.8%, from $1,030 in FY 2026 to $1,090 in FY 2027. Since FY 2025 it has risen 10.1%.

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