What is the Fair Market Rent in Charlestown Township, IN?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,100 to $1,150 a month across the 2 ZIP codes that cover Charlestown Township.

By ZIP code: 47111 $1,150, 47163 $1,100.

Across the whole Louisville, KY-IN HUD Metro FMR Area the two-bedroom figure is $1,276.

The Census Bureau’s median gross rent for a two-bedroom home in Charlestown Township is $981 (±$178), within its margin of the Small Area figure for ZIP 47111.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,276
2 bedrooms, ZIP 47111: $1,150
2 bedrooms, ZIP 47163: $1,100

Fair Market Rents for Charlestown Township, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Louisville, KY-IN HUD Metro FMR Area (whole area)	$976	$1,058	$1,276	$1,629	$1,874	—
ZIP 47111 (67% of the ZIP’s land is in this place)	$880	$950	$1,150	$1,470	$1,690	$1,012
ZIP 47163 (32% of the ZIP’s land is in this place)	$850	$910	$1,100	$1,410	$1,620	—

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Charlestown Township

What is the Section 8 payment standard in Charlestown Township?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Louisville, KY-IN HUD Metro FMR Area is $1,276, and the Small Area figure for 47111 is $1,150.

What is the Fair Market Rent for a two-bedroom in ZIP 47111?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47111 is $1,150 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,012 (±$109).

What is the Fair Market Rent for a two-bedroom in ZIP 47163?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47163 is $1,100 a month.

What is the Fair Market Rent for a one-bedroom in Charlestown Township?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 47111 is $950 a month, against $1,058 across the Louisville, KY-IN HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.