FY2027 Small Area FMR · Prairie Creek, IN

ZIP 47869 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47869 (Prairie Creek, IN) is $1,190 a month, down 7.0% from FY2026. That is 2% above the Terre Haute, IN area-wide FMR of $1,164.

2-bedroom SAFMR$1,190per month ▼ 7.0%

Area-wide 2 BR FMR$1,164Terre Haute, IN

Rank in the area8thof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$910▼ 5.2%

1 BR$920▼ 7.1%

2 BR$1,190▼ 7.0%

3 BR$1,420▼ 9.0%

4 BR$1,880▼ 9.6%

FY2027 FY2026

Where 47869 sits in the Terre Haute, IN area

Of the 45 ZIP codes HUD lists for the area, 47869 has the 8th highest two-bedroom Small Area FMR. Terre Haute, 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 $1,164 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$910	$819 – $1,001	$890	$960
1 bedroom	$920	$828 – $1,012	$896	$990
2 bedrooms	$1,190	$1,071 – $1,309	$1,164	$1,280
3 bedrooms	$1,420	$1,278 – $1,562	$1,387	$1,560
4 bedrooms	$1,880	$1,692 – $2,068	$1,610	$2,080

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $71,400 and the 80% low-income limit for four people is $67,850. ZIP code 47869 lies mainly in Vigo County. See the Terre Haute, IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47850	Farmersburg	3.6 mi	$1,370
47849	Fairbanks	6.5 mi	$1,260
47870	Prairieton	6.8 mi	$1,190
47802	Terre Haute	7.3 mi	$1,180
47879	Shelburn	8.2 mi	$1,010
62477	West Union	8.3 mi	$1,520

Questions

What is the Fair Market Rent for ZIP code 47869?

HUD's FY2027 Small Area Fair Market Rents for 47869 are $910 (studio), $920 (1 BR), $1,190 (2 BR), $1,420 (3 BR) and $1,880 (4 BR) a month.

What is the Section 8 payment standard in 47869?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47869 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47869?

The FY2026 income limits of the Terre Haute, IN area apply: median family income $71,400, low-income (80%) limit $67,850 for a family of four.