Section 8 Fair Market Rent (FMR) for ZIP 47525 - 2027

Location: Perry County, IN | Metro: Perry County, IN

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$770
1 Bedroom$790
2 Bedrooms$1,030
3 Bedrooms$1,280
4 Bedrooms$1,720
5 Bedrooms$1,995
6 Bedrooms$2,234
7 Bedrooms$2,413
8 Bedrooms$2,534

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
235
Median Household Income
$N/A
Housing Units
154
Renter Percentage
13.2%
Occupancy Rate
74.0%
Renter Occupied
15

ZIP 47525, located in Perry County, Indiana, offers a unique opportunity for inclusion within a Section 8 portfolio strategy, particularly as a cash-flow anchor. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $990, which provides a stable baseline for rental income. This figure is critical for landlords seeking predictable and reliable cash flow.

The median home value in ZIP 47525 stands at $228,674. While there isn't specific market data available to compare against the FMR, the significant gap between the rental income potential and the home values suggests that properties in this area can be effectively managed to generate steady cash flow. The lack of detailed market data means that landlords should focus on the guaranteed rental income provided by the Section 8 program rather than speculative market trends.

The renter share in ZIP 47525 is 13.2%, indicating a moderate demand for rental properties. Although the median income data is not provided, the combination of affordable housing and a stable rental program makes this area attractive for landlords who prioritize consistent returns over rapid appreciation or high-risk investment opportunities.

Defending ZIP 47525 as a Cash-Flow Anchor:

In conclusion, ZIP 47525 serves as an ideal cash-flow anchor within a Section 8 portfolio strategy. With a clear FMR of $990 and a median home value of $228,674, landlords can expect stable and reliable returns, making it a solid choice for those looking to secure their investment portfolios against market volatility.

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.