47458
ZIPSAFMR
Monroe County, IN
BRFMR
Eff. Rent
0 BR$980$1,080
1 BR$1,090$1,190
2 BR$1,230$1,290
3 BR$1,600$1,760
4 BR$1,940$2,120
5 BR$2,231
6 BR$2,566
7 BR$2,950
8 BR$3,393

Purchase Price Calculator

Maximum purchase price
$129,777

Cost breakdown

+Likely effective rent$1,290
HUD FMR$1,230
Market rent$1,330
Est. payment standard (105%)Used$1,290
Estimated payment standard is $1,290 (105% of FMR).
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Current value$129,777
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Current value$129,777
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Current value$129,777
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.79ratio
FMR$980
Market$1,240
vs market-$260

FMR is below market; voucher rent may lag private rents.

90% standard$882 / 0.71 ratio110% standard$1,078 / 0.87 ratio
0.79
1 BR
1 BR
0.88ratio
FMR$1,090
Market$1,240
vs market-$150

FMR is below market; voucher rent may lag private rents.

90% standard$981 / 0.79 ratio110% standard$1,199 / 0.97 ratio
0.88
2 BR
2 BR
0.92ratio
FMR$1,230
Market$1,330
vs market-$100

FMR is near market; voucher and private rents are aligned.

90% standard$1,107 / 0.83 ratio110% standard$1,353 / 1.02 ratio
0.92
3 BR
3 BR
0.77ratio
FMR$1,600
Market$2,080
vs market-$480

FMR is below market; voucher rent may lag private rents.

90% standard$1,440 / 0.69 ratio110% standard$1,760 / 0.85 ratio
0.77
4 BR
4 BR
0.88ratio
FMR$1,940
Market$2,210
vs market-$270

FMR is below market; voucher rent may lag private rents.

90% standard$1,746 / 0.79 ratio110% standard$2,134 / 0.97 ratio
0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 47458 (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.

47458 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47458 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,230 and the 4 bedroom fair market rent is $1,940.

Use this page for searches like 47458 FMR, 47458 fair market rent, and 47458 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 47458
Bedroom sizeHUD FMR
Studio$980
1 bedroom$1,090
2 bedroom$1,230
3 bedroom$1,600
4 bedroom$1,940