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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Stanford, IN fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Stanford, IN is $1,252 a month. That is up 3.5% from $1,210 in FY 2026. Stanford is in the Bloomington, IN HUD Metro FMR Area. The median county two-bedroom FMR in Indiana is $1,086, so Stanford is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Stanford, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$966
$1,001
+3.6%
$901–$1,101
1BR
$1,072
$1,096
+2.2%
$986–$1,206
2BR
$1,210
$1,252
+3.5%
$1,127–$1,377
3BR
$1,572
$1,601
+1.8%
$1,441–$1,761
4BR
$1,906
$1,932
+1.4%
$1,739–$2,125
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Stanford, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,001
$1,096
$1,252
$1,601
$1,932
FY 2026
$966
$1,072
$1,210
$1,572
$1,906
FY 2025
$958
$1,080
$1,223
$1,618
$1,926
FY 2024
$848
$979
$1,126
$1,549
$1,814
FY 2023
$817
$957
$1,124
$1,573
$1,864
Questions about Stanford, IN rents
How much will Section 8 pay for a two-bedroom in Stanford, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,252, that basic range is $1,127 to $1,377 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 Stanford, IN in?
Stanford, IN is in the Bloomington, IN HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in Stanford, IN for FY 2027?
The two-bedroom FMR rose 3.5%, from $1,210 in FY 2026 to $1,252 in FY 2027. Since FY 2023 it has risen 11.4%.
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 Fair Market Rents. 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