47374
ZIPSAFMR
Union County, IN
BRFMR
Eff. Rent
0 BR$730$670
1 BR$740$730
2 BR$970$950
3 BR$1,210$1,210
4 BR$1,480$1,400
5 BR$1,702
6 BR$1,957
7 BR$2,251
8 BR$2,589

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.09ratio
FMR$730
Market$670
vs market+$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.09
1 BR
1 BR
1.01ratio
FMR$740
Market$730
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.01
2 BR
2 BR
1.02ratio
FMR$970
Market$950
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.02
3 BR
3 BR
0.95ratio
FMR$1,210
Market$1,280
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.95
4 BR
4 BR
1.06ratio
FMR$1,480
Market$1,400
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.06
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$82,225
Rent
$970
Down payment
$16,445
Loan
$65,780
Mortgage
$416
Expenses
$354
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 47374 (IN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.