FY2027 Small Area FMR · Clarksburg, IN

ZIP 47225 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47225 (Clarksburg, IN) is $1,070 a month, up 4.9% from FY2026. That is 4% below the Decatur County, IN area-wide FMR of $1,112.

2-bedroom SAFMR$1,070per month ▲ 4.9%

Area-wide 2 BR FMR$1,112Decatur County, IN

Rank in the area9thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$810▲ 11.0%

1 BR$830▲ 3.8%

2 BR$1,070▲ 4.9%

3 BR$1,290▲ 5.7%

4 BR$1,410▲ 4.4%

FY2027 FY2026

Where 47225 sits in the Decatur County, IN area

Of the 12 ZIP codes HUD lists for the area, 47225 has the 9th highest two-bedroom Small Area FMR. Decatur 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 $1,112 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$810	$729 – $891	$832	$730
1 bedroom	$830	$747 – $913	$850	$800
2 bedrooms	$1,070	$963 – $1,177	$1,112	$1,020
3 bedrooms	$1,290	$1,161 – $1,419	$1,325	$1,220
4 bedrooms	$1,410	$1,269 – $1,551	$1,461	$1,350

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $93,300 and the 80% low-income limit for four people is $74,650. ZIP code 47225 lies mainly in Decatur County. See the Decatur County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47036	Oldenburg	5.9 mi	$1,180
47263	New Point	8.0 mi	$1,560
47024	Laurel	8.7 mi	$1,320
46156	Milroy	9.0 mi	$1,010
47240	Greensburg	10.7 mi	$1,120
47030	Metamora	11.5 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 47225?

HUD's FY2027 Small Area Fair Market Rents for 47225 are $810 (studio), $830 (1 BR), $1,070 (2 BR), $1,290 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 47225?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47225 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47225?

The FY2026 income limits of the Decatur County, IN area apply: median family income $93,300, low-income (80%) limit $74,650 for a family of four.