FY2027 Small Area FMR · Crane, IN

ZIP 47522 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47522 (Crane, IN) is $1,010 a month, down 1.0% from FY2026. That is 0% equal to the Martin County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▼ 1.0%

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

Rank in the area5thof 8 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▲ 4.1%

1 BR$780■ 0.0%

2 BR$1,010▼ 1.0%

3 BR$1,210▼ 0.8%

4 BR$1,550▲ 13.1%

FY2027 FY2026

Where 47522 sits in the Martin County, IN area

Of the 8 ZIP codes HUD lists for the area, 47522 has the 5th highest two-bedroom Small Area FMR. Martin 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	$730
1 bedroom	$780	$702 – $858	$775	$780
2 bedrooms	$1,010	$909 – $1,111	$1,014	$1,020
3 bedrooms	$1,210	$1,089 – $1,331	$1,208	$1,220
4 bedrooms	$1,550	$1,395 – $1,705	$1,536	$1,370

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 $93,700 and the 80% low-income limit for four people is $74,950. ZIP code 47522 lies mainly in Martin County. See the Martin County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47453	Owensburg	4.1 mi	$1,080
47457	Scotland	4.9 mi	$1,010
47562	Odon	9.4 mi	$1,010
47424	Bloomfield	9.5 mi	$1,080
47462	Springville	10.2 mi	$1,090
47449	Newberry	10.3 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 47522?

HUD's FY2027 Small Area Fair Market Rents for 47522 are $760 (studio), $780 (1 BR), $1,010 (2 BR), $1,210 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 47522?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47522 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 47522?

The FY2026 income limits of the Martin County, IN area apply: median family income $93,700, low-income (80%) limit $74,950 for a family of four.