FY2027 Small Area FMR · Evansville, IN

ZIP 47710 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47710 (Evansville, IN) is $1,070 a month, up 2.9% from FY2026. That is 5% below the Evansville, IN area-wide FMR of $1,127.

2-bedroom SAFMR$1,070per month ▲ 2.9%

Area-wide 2 BR FMR$1,127Evansville, IN

Rank in the area34thof 49 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$820▲ 2.5%

1 BR$830▲ 3.8%

2 BR$1,070▲ 2.9%

3 BR$1,320▲ 3.1%

4 BR$1,460▲ 1.4%

FY2027 FY2026

Where 47710 sits in the Evansville, IN area

Of the 49 ZIP codes HUD lists for the area, 47710 has the 34th highest two-bedroom Small Area FMR. Evansville, 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 $1,127 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	$820	$738 – $902	$866	$800
1 bedroom	$830	$747 – $913	$872	$800
2 bedrooms	$1,070	$963 – $1,177	$1,127	$1,040
3 bedrooms	$1,320	$1,188 – $1,452	$1,387	$1,280
4 bedrooms	$1,460	$1,314 – $1,606	$1,534	$1,440

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 $93,000 and the 80% low-income limit for four people is $74,400. ZIP code 47710 lies mainly in Vanderburgh County. See the Evansville, IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47711	Evansville	2.2 mi	$1,140
47708	Evansville	3.5 mi	$1,320
47720	Evansville	4.4 mi	$1,200
47713	Evansville	5.0 mi	$1,110
47714	Evansville	5.6 mi	$1,180
47725	Evansville	6.2 mi	$1,650

Questions

What is the Fair Market Rent for ZIP code 47710?

HUD's FY2027 Small Area Fair Market Rents for 47710 are $820 (studio), $830 (1 BR), $1,070 (2 BR), $1,320 (3 BR) and $1,460 (4 BR) a month.

What is the Section 8 payment standard in 47710?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47710 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 47710?

The FY2026 income limits of the Evansville, IN area apply: median family income $93,000, low-income (80%) limit $74,400 for a family of four.