Income Limits by County

FY2027 Small Area FMR · Rosedale, IN

ZIP 47874 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47874 (Rosedale, IN) is $1,010 a month, up 5.2% from FY2026. That is 13% below the Terre Haute, IN area-wide FMR of $1,164.

2-bedroom SAFMR$1,010per month ▲ 5.2%
Area-wide 2 BR FMR$1,164Terre Haute, IN
Rank in the area36thof 45 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909
2 BR Small Area FMR$1,010
110% of SAFMR$1,111

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

FY2027 FY2026

Where 47874 sits in the Terre Haute, IN area

$1,010$1,370median $1,070

Of the 45 ZIP codes HUD lists for the area, 47874 has the 36th 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 $1,010 for this ZIP code instead.

ZIP code 47874 crosses more than one HUD area. HUD also lists it under Parke County, IN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$780$702 – $858$890$720
1 bedroom$780$702 – $858$896$730
2 bedrooms$1,010$909 – $1,111$1,164$960
3 bedrooms$1,310$1,179 – $1,441$1,387$1,240
4 bedrooms$1,390$1,251 – $1,529$1,610$1,280

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 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 47874 lies mainly in Parke County, Vigo County and Clay County. See the Terre Haute, IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
47851Fontanet4.0 mi$1,190
47836Bridgeton5.0 mi$1,010
47805Terre Haute6.4 mi$1,070
47860Mecca7.2 mi$1,010
47880Shepardsville8.1 mi$1,040
47837Carbon8.3 mi$1,070

Questions

What is the Fair Market Rent for ZIP code 47874?

HUD's FY2027 Small Area Fair Market Rents for 47874 are $780 (studio), $780 (1 BR), $1,010 (2 BR), $1,310 (3 BR) and $1,390 (4 BR) a month.

What is the Section 8 payment standard in 47874?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47874 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47874?

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.