FY2027 Small Area FMR · Mackey, IN

ZIP 47654 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47654 (Mackey, IN) is $1,070 a month, up 4.9% from FY2026. That is 1% below the Gibson County, IN area-wide FMR of $1,083.

2-bedroom SAFMR$1,070per month ▲ 4.9%

Area-wide 2 BR FMR$1,083Gibson County, IN

Rank in the area8thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$810▲ 5.2%

1 BR$820▲ 5.1%

2 BR$1,070▲ 4.9%

3 BR$1,350▲ 4.7%

4 BR$1,500▲ 8.7%

FY2027 FY2026

Where 47654 sits in the Gibson County, IN area

Of the 17 ZIP codes HUD lists for the area, 47654 has the 8th highest two-bedroom Small Area FMR. Gibson 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 $1,083 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$810	$729 – $891	$822	$770
1 bedroom	$820	$738 – $902	$828	$780
2 bedrooms	$1,070	$963 – $1,177	$1,083	$1,020
3 bedrooms	$1,350	$1,215 – $1,485	$1,364	$1,290
4 bedrooms	$1,500	$1,350 – $1,650	$1,524	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $92,000 and the 80% low-income limit for four people is $73,600. ZIP code 47654 lies mainly in Gibson County. See the Gibson County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47683	Somerville	2.0 mi	$1,070
47660	Oakland City	4.7 mi	$1,070
47613	Elberfeld	6.4 mi	$1,170
47619	Lynnville	6.4 mi	$1,010
47584	Spurgeon	7.2 mi	$1,160
47649	Francisco	7.9 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 47654?

HUD's FY2027 Small Area Fair Market Rents for 47654 are $810 (studio), $820 (1 BR), $1,070 (2 BR), $1,350 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 47654?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47654 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47654?

The FY2026 income limits of the Gibson County, IN area apply: median family income $92,000, low-income (80%) limit $73,600 for a family of four.