FY2027 Small Area FMR · Lyons, IN

ZIP 47443 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47443 (Lyons, IN) is $1,080 a month, up 6.9% from FY2026. That is 7% above the Greene County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,080per month ▲ 6.9%

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

Rank in the area5thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$972

2 BR Small Area FMR$1,080

110% of SAFMR$1,188

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

Studio$820▲ 7.9%

1 BR$830▲ 7.8%

2 BR$1,080▲ 6.9%

3 BR$1,350▲ 6.3%

4 BR$1,630▲ 15.6%

FY2027 FY2026

Where 47443 sits in the Greene County, IN area

Of the 19 ZIP codes HUD lists for the area, 47443 has the 5th highest two-bedroom Small Area FMR. Greene 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 $1,080 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	$820	$738 – $902	$770	$760
1 bedroom	$830	$747 – $913	$775	$770
2 bedrooms	$1,080	$972 – $1,188	$1,014	$1,010
3 bedrooms	$1,350	$1,215 – $1,485	$1,266	$1,270
4 bedrooms	$1,630	$1,467 – $1,793	$1,533	$1,410

A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $79,800 and the 80% low-income limit for four people is $67,850. ZIP code 47443 lies mainly in Greene County. See the Greene County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47449	Newberry	5.6 mi	$1,060
47578	Sandborn	6.3 mi	$1,010
47441	Linton	6.9 mi	$1,010
47465	Switz City	7.1 mi	$1,010
47529	Elnora	7.2 mi	$1,020
47596	Westphalia	9.3 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 47443?

HUD's FY2027 Small Area Fair Market Rents for 47443 are $820 (studio), $830 (1 BR), $1,080 (2 BR), $1,350 (3 BR) and $1,630 (4 BR) a month.

What is the Section 8 payment standard in 47443?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47443 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47443?

The FY2026 income limits of the Greene County, IN area apply: median family income $79,800, low-income (80%) limit $67,850 for a family of four.