FY2027 Small Area FMR · Chalmers, IN

ZIP 47929 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47929 (Chalmers, IN) is $1,070 a month, up 7.0% from FY2026. That is 6% below the White County, IN area-wide FMR of $1,134.

2-bedroom SAFMR$1,070per month ▲ 7.0%

Area-wide 2 BR FMR$1,134White County, IN

Rank in the area16thof 18 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$800▲ 11.1%

1 BR$820▲ 7.9%

2 BR$1,070▲ 7.0%

3 BR$1,270▲ 5.8%

4 BR$1,410▲ 6.0%

FY2027 FY2026

Where 47929 sits in the White County, IN area

Of the 18 ZIP codes HUD lists for the area, 47929 has the 16th highest two-bedroom Small Area FMR. White 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 $1,134 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	$800	$720 – $880	$848	$720
1 bedroom	$820	$738 – $902	$867	$760
2 bedrooms	$1,070	$963 – $1,177	$1,134	$1,000
3 bedrooms	$1,270	$1,143 – $1,397	$1,351	$1,200
4 bedrooms	$1,410	$1,269 – $1,551	$1,490	$1,330

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 $86,600 and the 80% low-income limit for four people is $69,300. ZIP code 47929 lies mainly in White County. See the White County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
47923	Brookston	4.4 mi	$1,090
47980	Reynolds	5.7 mi	$1,130
47995	Wolcott	8.8 mi	$1,210
47920	Battle Ground	9.8 mi	$1,190
47997	Yeoman	9.9 mi	$1,010
47960	Monticello	11.3 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 47929?

HUD's FY2027 Small Area Fair Market Rents for 47929 are $800 (studio), $820 (1 BR), $1,070 (2 BR), $1,270 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 47929?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47929 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 47929?

The FY2026 income limits of the White County, IN area apply: median family income $86,600, low-income (80%) limit $69,300 for a family of four.