Location: Dubois County, IN | Metro: Dubois County, IN
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,420 | $331,959 | 0.43% | F |
U.S. Census Bureau data (2024)
Dubois County, IN, specifically ZIP code 47575, can serve as a valuable addition to a Section 8 portfolio strategy due to its characteristics as a cash-flow anchor. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $980, which aligns closely with the median home value of $302,610 in this region. Although the market-specific figures are currently unavailable, the alignment between the FMR and the general housing values suggests a stable rental environment.
The median income in ZIP 47575 is $125,625, indicating a relatively affluent population. However, this does not necessarily mean that the majority of residents can afford market-rate homes. The renter share stands at 19.4%, suggesting a significant portion of the population relies on rental properties, including those supported by Section 8 vouchers.
As a cash-flow anchor, ZIP 47575 provides consistent and predictable income streams for landlords and small-portfolio investors. The guaranteed rent payments through Section 8 vouchers reduce the risk of vacancies and late payments, stabilizing cash flow. This is particularly important given the high median home value, which implies that the cost of living in the area is also elevated. Landlords can rely on the steady income provided by Section 8 tenants to cover mortgage payments and maintenance costs without the uncertainty of market fluctuations.
In conclusion, ZIP 47575 in Dubois County, IN, is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The $980 FMR for the metro area in fiscal year 2026, combined with the median home value of $302,610, ensures that rental properties remain financially viable and provide a reliable source of income. The affluent median income of $125,625 further supports the stability of the rental market, making this an ideal location for securing long-term, dependable returns on investment.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.