FY2027 Small Area FMR · Derby, IN

ZIP 47525 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47525 (Derby, IN) is $1,030 a month, up 4.0% from FY2026. That is 2% above the Perry County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,030per month ▲ 4.0%

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

Rank in the area8thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$770▲ 10.0%

1 BR$790▲ 5.3%

2 BR$1,030▲ 4.0%

3 BR$1,280▲ 4.1%

4 BR$1,720▲ 4.2%

FY2027 FY2026

Where 47525 sits in the Perry County, IN area

Of the 14 ZIP codes HUD lists for the area, 47525 has the 8th highest two-bedroom Small Area FMR. Perry 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 $1,030 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	$770	$693 – $847	$759	$700
1 bedroom	$790	$711 – $869	$775	$750
2 bedrooms	$1,030	$927 – $1,133	$1,014	$990
3 bedrooms	$1,280	$1,152 – $1,408	$1,259	$1,230
4 bedrooms	$1,720	$1,548 – $1,892	$1,695	$1,650

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $82,800 and the 80% low-income limit for four people is $68,800. ZIP code 47525 lies mainly in Perry County. See the Perry County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
40170	Stephensport	5.5 mi	$910
47551	Leopold	5.7 mi	$1,010
47574	Rome	5.7 mi	$1,050
40157	Payneville	6.8 mi	$1,040
40171	Union Star	7.2 mi	$970
47586	Tell City	7.8 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 47525?

HUD's FY2027 Small Area Fair Market Rents for 47525 are $770 (studio), $790 (1 BR), $1,030 (2 BR), $1,280 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 47525?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47525 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47525?

The FY2026 income limits of the Perry County, IN area apply: median family income $82,800, low-income (80%) limit $68,800 for a family of four.