FY2027 Small Area FMR · West Baden Springs, IN

ZIP 47469 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47469 (West Baden Springs, IN) is $1,010 a month, up 5.2% from FY2026. That is 0% equal to the Orange County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 5.2%

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

Rank in the area10thof 13 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$760▲ 10.1%

1 BR$830▲ 13.7%

2 BR$1,010▲ 5.2%

3 BR$1,390▲ 4.5%

4 BR$1,650▲ 5.8%

FY2027 FY2026

Where 47469 sits in the Orange County, IN area

Of the 13 ZIP codes HUD lists for the area, 47469 has the 10th highest two-bedroom Small Area FMR. Orange 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	$760	$684 – $836	$759	$690
1 bedroom	$830	$747 – $913	$826	$730
2 bedrooms	$1,010	$909 – $1,111	$1,014	$960
3 bedrooms	$1,390	$1,251 – $1,529	$1,378	$1,330
4 bedrooms	$1,650	$1,485 – $1,815	$1,637	$1,560

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 $90,300 and the 80% low-income limit for four people is $72,250. ZIP code 47469 lies mainly in Orange County. See the Orange County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47437	Huron	6.8 mi	$1,050
47446	Mitchell	8.7 mi	$1,010
47581	Shoals	8.9 mi	$1,190
47452	Orleans	9.0 mi	$1,020
47432	French Lick	10.7 mi	$1,020
47454	Paoli	11.9 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 47469?

HUD's FY2027 Small Area Fair Market Rents for 47469 are $760 (studio), $830 (1 BR), $1,010 (2 BR), $1,390 (3 BR) and $1,650 (4 BR) a month.

What is the Section 8 payment standard in 47469?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47469 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 47469?

The FY2026 income limits of the Orange County, IN area apply: median family income $90,300, low-income (80%) limit $72,250 for a family of four.