FY2027 Small Area FMR · Eckerty, IN

ZIP 47116 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47116 (Eckerty, IN) is $1,220 a month, up 18.4% from FY2026. That is 20% above the Crawford County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,220per month ▲ 18.4%

Area-wide 2 BR FMR$1,014Crawford County, IN

Rank in the area2ndof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,098

2 BR Small Area FMR$1,220

110% of SAFMR$1,342

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$920▲ 24.3%

1 BR$970▲ 19.8%

2 BR$1,220▲ 18.4%

3 BR$1,640▲ 15.5%

4 BR$1,950▲ 16.1%

FY2027 FY2026

Where 47116 sits in the Crawford County, IN area

Of the 11 ZIP codes HUD lists for the area, 47116 has the 2nd highest two-bedroom Small Area FMR. Crawford County, IN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,220 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$920	$828 – $1,012	$759	$740
1 bedroom	$970	$873 – $1,067	$834	$810
2 bedrooms	$1,220	$1,098 – $1,342	$1,014	$1,030
3 bedrooms	$1,640	$1,476 – $1,804	$1,404	$1,420
4 bedrooms	$1,950	$1,755 – $2,145	$1,479	$1,680

A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $70,700 and the 80% low-income limit for four people is $67,850. ZIP code 47116 lies mainly in Crawford County. See the Crawford County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47175	Taswell	4.6 mi	$1,010
47513	Birdseye	5.2 mi	$1,240
47118	English	7.0 mi	$1,010
47521	Celestine	7.9 mi	$1,160
47580	Schnellville	8.1 mi	$1,010
47123	Grantsburg	8.7 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 47116?

HUD's FY2027 Small Area Fair Market Rents for 47116 are $920 (studio), $970 (1 BR), $1,220 (2 BR), $1,640 (3 BR) and $1,950 (4 BR) a month.

What is the Section 8 payment standard in 47116?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47116 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47116?

The FY2026 income limits of the Crawford County, IN area apply: median family income $70,700, low-income (80%) limit $67,850 for a family of four.