FY2027 Small Area FMR · Bentonville, IN

ZIP 47322 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47322 (Bentonville, IN) is $1,010 a month, up 5.2% from FY2026. That is 0% equal to the Fayette County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 5.2%

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

Rank in the area6thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 7.6%

1 BR$840▲ 10.5%

2 BR$1,010▲ 5.2%

3 BR$1,260▲ 5.9%

4 BR$1,360▲ 7.1%

FY2027 FY2026

Where 47322 sits in the Fayette County, IN area

Of the 10 ZIP codes HUD lists for the area, 47322 has the 6th highest two-bedroom Small Area FMR. Fayette 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 $1,010 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	$710	$639 – $781	$706	$660
1 bedroom	$840	$756 – $924	$843	$760
2 bedrooms	$1,010	$909 – $1,111	$1,014	$960
3 bedrooms	$1,260	$1,134 – $1,386	$1,261	$1,190
4 bedrooms	$1,360	$1,224 – $1,496	$1,350	$1,270

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $74,100 and the 80% low-income limit for four people is $67,850. ZIP code 47322 lies mainly in Fayette County. See the Fayette County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47331	Connersville	2.3 mi	$1,010
47357	Milton	6.6 mi	$1,010
47325	Brownsville	8.2 mi	$1,030
46127	Falmouth	8.6 mi	$1,020
46133	Glenwood	8.7 mi	$1,240
47335	Dublin	10.9 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 47322?

HUD's FY2027 Small Area Fair Market Rents for 47322 are $710 (studio), $840 (1 BR), $1,010 (2 BR), $1,260 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 47322?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47322 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47322?

The FY2026 income limits of the Fayette County, IN area apply: median family income $74,100, low-income (80%) limit $67,850 for a family of four.