47708
ZIPSAFMR
Vanderburgh County, IN
BRFMR
Eff. Rent
0 BR$1,010$810
1 BR$1,020$820
2 BR$1,320$930
3 BR$1,620$1,080
4 BR$1,820$1,240
5 BR$2,093
6 BR$2,407
7 BR$2,768
8 BR$3,183

Market Alignment

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

Studio
Studio
1.25ratio
FMR$1,010
Market$810
vs market+$200

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.25
1 BR
1 BR
1.24ratio
FMR$1,020
Market$820
vs market+$200

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.24
2 BR
2 BR
1.42ratio
FMR$1,320
Market$930
vs market+$390

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.42
3 BR
3 BR
1.50ratio
FMR$1,620
Market$1,080
vs market+$540

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.50
4 BR
4 BR
1.47ratio
FMR$1,820
Market$1,240
vs market+$580

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.47
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed 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
$134,235
Rent
$1,320
Down payment
$26,847
Loan
$107,388
Mortgage
$679
Expenses
$441
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 47708 (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.

47708 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47708 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,320 and the 4 bedroom fair market rent is $1,820.

Use this page for searches like 47708 FMR, 47708 fair market rent, and 47708 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 47708
Bedroom sizeHUD FMR
Studio$1,010
1 bedroom$1,020
2 bedroom$1,320
3 bedroom$1,620
4 bedroom$1,820