47630
ZIPSAFMR
Vanderburgh County, IN
BRFMR
Eff. Rent
0 BR$980$1,080
1 BR$990$1,090
2 BR$1,280$1,410
3 BR$1,580$1,740
4 BR$1,770$1,950
5 BR$2,035
6 BR$2,341
7 BR$2,692
8 BR$3,096

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,280
Market rent$1,750
Est. payment standard (110%)Used$1,410
Estimated payment standard is $1,410 (110% of FMR).
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Current value$147,609
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Current value$147,609
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Current value$147,609
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
0.56ratio
FMR$980
Market$1,740
vs market-$760

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

90% standard$882 / 0.51 ratio110% standard$1,078 / 0.62 ratio
0.56
1 BR
1 BR
0.72ratio
FMR$990
Market$1,370
vs market-$380

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

90% standard$891 / 0.65 ratio110% standard$1,089 / 0.79 ratio
0.72
2 BR
2 BR
0.73ratio
FMR$1,280
Market$1,750
vs market-$470

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

90% standard$1,152 / 0.66 ratio110% standard$1,408 / 0.80 ratio
0.73
3 BR
3 BR
0.81ratio
FMR$1,580
Market$1,950
vs market-$370

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

90% standard$1,422 / 0.73 ratio110% standard$1,738 / 0.89 ratio
0.81
4 BR
4 BR
0.74ratio
FMR$1,770
Market$2,400
vs market-$630

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

90% standard$1,593 / 0.66 ratio110% standard$1,947 / 0.81 ratio
0.74
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom 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 47630 (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.

47630 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47630 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,280 and the 4 bedroom fair market rent is $1,770.

Use this page for searches like 47630 FMR, 47630 fair market rent, and 47630 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 47630
Bedroom sizeHUD FMR
Studio$980
1 bedroom$990
2 bedroom$1,280
3 bedroom$1,580
4 bedroom$1,770