Indiana · FIPS 18071 · HUD FY 2027
Jackson County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Jackson County is $1,142 a month (rent plus utilities), 12% below the Indiana average of $1,302 and 35% below the U.S. average of $1,761. That is up $83 (7.8%) from FY 2026. At 30% of income, a household needs about $45,680 a year to afford it.
- $1,1422-bedroom FMR+$83 (+7.8%) vs FY 2026
- $8731-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $45,680Income for a 2-bedroom$22/hour full-time
- 37 of 922BR rank in Indiana1 = highest rent
| Unit | Jackson County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $867 | $802 | +$65 (+8.1%) | $1,005 | $1,379 | $34,680 |
| 1 bedroom | $873 | $807 | +$66 (+8.2%) | $1,082 | $1,478 | $34,920 |
| 2 bedrooms | $1,142 | $1,059 | +$83 (+7.8%) | $1,302 | $1,761 | $45,680 |
| 3 bedrooms | $1,445 | $1,328 | +$117 (+8.8%) | $1,642 | $2,266 | $57,800 |
| 4 bedrooms | $1,507 | $1,402 | +$105 (+7.5%) | $1,904 | $2,607 | $60,280 |
How Jackson County compares
- Jackson County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $867, $873, $1,142, $1,445, $1,507. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 7 ZIP codes mostly in Jackson County (by land area), the 2-bedroom figure ranges from $1,010 to $1,150.
Small Area FMRs by ZIP code in Jackson County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 47220 | $790 | $800 | $1,040 | $1,320 | $1,370 | +$80 (+8.3%) | 9% below |
| 47229 | $830 | $840 | $1,100 | $1,390 | $1,450 | +$50 (+4.8%) | 4% below |
| 47235 | $780 | $850 | $1,010 | $1,310 | $1,560 | −$90 (−8.2%) | 12% below |
| 47260 | $790 | $800 | $1,040 | $1,320 | $1,370 | +$40 (+4.0%) | 9% below |
| 47264 | $850 | $880 | $1,100 | $1,390 | $1,550 | +$60 (+5.8%) | 4% below |
| 47274 | $870 | $880 | $1,150 | $1,460 | $1,560 | +$50 (+4.5%) | 1% above |
| 47281 | $800 | $810 | $1,050 | $1,310 | $1,380 | +$50 (+5.0%) | 8% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.