FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 47982
1.16ratio
FMR$870
Market$750
vs market+$120
FMR is above market; underwrite to market rent.
1.16
2 BR
2 BR- 47982
1.27ratio
FMR$1,050
Market$830
vs market+$220
FMR is above market; underwrite to market rent.
1.27
3 BR
3 BR- 47982
1.50ratio
FMR$1,350
Market$900
vs market+$450
FMR is above market; underwrite to market rent.
1.50
4 BR
4 BR- 47982
1.59ratio
FMR$1,510
Market$950
vs market+$560
FMR is above market; underwrite to market rent.
1.59
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
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State Line, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in State Line, IN is $1,050 a month. That is up 9.4% from $960 in FY 2026. State Line is in the Warren County, IN HUD Metro 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 metro-wide two-bedroom FMR of $1,014. The median county two-bedroom FMR in Indiana is $1,086, so State Line is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for State Line, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$690
$780
+13.0%
$702–$858
1BR
$840
$870
+3.6%
$783–$957
2BR
$960
$1,050
+9.4%
$945–$1,155
3BR
$1,330
$1,350
+1.5%
$1,215–$1,485
4BR
$1,380
$1,510
+9.4%
$1,359–$1,661
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for State Line, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$870
$1,050
$1,350
$1,510
FY 2026
$690
$840
$960
$1,330
$1,380
FY 2025
$660
$820
$930
$1,300
$1,470
FY 2024
$630
$740
$860
$1,220
$1,470
FY 2023
$680
$690
$910
$1,290
$1,550
Questions about State Line, IN rents
How much will Section 8 pay for a two-bedroom in State Line, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-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 $1,050 it would be $945 to $1,155. 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 State Line, IN in?
State Line, IN is in the Warren County, IN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,014.
How much did fair market rent change in State Line, IN for FY 2027?
The two-bedroom FMR rose 9.4%, from $960 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 15.4%.
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