FY2027 Small Area FMR · Winslow, IN

ZIP 47598 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47598 (Winslow, IN) is $1,150 a month, up 9.5% from FY2026. That is 13% above the Pike County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,150per month ▲ 9.5%

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

Rank in the area2ndof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,035

2 BR Small Area FMR$1,150

110% of SAFMR$1,265

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

Studio$860▲ 14.7%

1 BR$880▲ 10.0%

2 BR$1,150▲ 9.5%

3 BR$1,590▲ 8.9%

4 BR$1,620▲ 9.5%

FY2027 FY2026

Where 47598 sits in the Pike County, IN area

Of the 12 ZIP codes HUD lists for the area, 47598 has the 2nd highest two-bedroom Small Area FMR. Pike 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 $1,150 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	$860	$774 – $946	$759	$750
1 bedroom	$880	$792 – $968	$775	$800
2 bedrooms	$1,150	$1,035 – $1,265	$1,014	$1,050
3 bedrooms	$1,590	$1,431 – $1,749	$1,404	$1,460
4 bedrooms	$1,620	$1,458 – $1,782	$1,429	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 a year to keep housing costs at 30% of income. The area median family income is $93,400 and the 80% low-income limit for four people is $74,700. ZIP code 47598 lies mainly in Pike County. See the Pike County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47590	Velpen	6.4 mi	$1,080
47567	Petersburg	7.2 mi	$1,010
47585	Stendal	8.7 mi	$1,070
47660	Oakland City	8.9 mi	$1,070
47564	Otwell	9.2 mi	$1,040
47584	Spurgeon	9.4 mi	$1,160

Questions

What is the Fair Market Rent for ZIP code 47598?

HUD's FY2027 Small Area Fair Market Rents for 47598 are $860 (studio), $880 (1 BR), $1,150 (2 BR), $1,590 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 47598?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47598 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47598?

The FY2026 income limits of the Pike County, IN area apply: median family income $93,400, low-income (80%) limit $74,700 for a family of four.