FY2027 Small Area FMR · State Line, IN

ZIP 47982 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 47982 (State Line, IN) is $1,050 a month, up 9.4% from FY2026. That is 4% above the Warren County, IN area-wide FMR of $1,014.

2-bedroom SAFMR$1,050per month ▲ 9.4%

Area-wide 2 BR FMR$1,014Warren County, IN

Rank in the area9thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$780▲ 13.0%

1 BR$870▲ 3.6%

2 BR$1,050▲ 9.4%

3 BR$1,350▲ 1.5%

4 BR$1,510▲ 9.4%

FY2027 FY2026

Where 47982 sits in the Warren County, IN area

Of the 11 ZIP codes HUD lists for the area, 47982 has the 9th highest two-bedroom Small Area FMR. Warren 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 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	$780	$702 – $858	$750	$690
1 bedroom	$870	$783 – $957	$892	$840
2 bedrooms	$1,050	$945 – $1,155	$1,014	$960
3 bedrooms	$1,350	$1,215 – $1,485	$1,328	$1,330
4 bedrooms	$1,510	$1,359 – $1,661	$1,333	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $110,900 and the 80% low-income limit for four people is $84,950. ZIP code 47982 lies mainly in Warren County. See the Warren County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
61814	Bismarck	3.3 mi	$1,020
47991	West Lebanon	6.9 mi	$1,010
61832	Danville	7.2 mi	$1,000
47932	Covington	7.3 mi	$1,010
61811	Alvin	8.3 mi	$1,000
61834	Danville	8.3 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 47982?

HUD's FY2027 Small Area Fair Market Rents for 47982 are $780 (studio), $870 (1 BR), $1,050 (2 BR), $1,350 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 47982?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 47982 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 47982?

The FY2026 income limits of the Warren County, IN area apply: median family income $110,900, low-income (80%) limit $84,950 for a family of four.