What is the Fair Market Rent in Lafayette Township (Floyd County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47119, which covers Lafayette Township (Floyd County), is $1,470 a month.
Across the whole Louisville, KY-IN HUD Metro FMR Area the two-bedroom figure is $1,276.
Figures last updated on .
- 2 bedrooms, whole area
- $1,276
- 2 bedrooms, ZIP 47119
- $1,470
Fair Market Rents for Lafayette Township (Floyd County), fiscal year 2027
| 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 47119 (60% of the ZIP’s land is in this place) | $1,120 | $1,220 | $1,470 | $1,880 | $2,160 | $1,089 |
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.
The figures for Lafayette Township (Floyd County) include the places inside it that have pages of their own: Floyds Knobs.
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Questions about Lafayette Township (Floyd County)
What is the Section 8 payment standard in Lafayette Township (Floyd County)?
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 47119 is $1,470.
What is the Fair Market Rent for a two-bedroom in ZIP 47119?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47119 is $1,470 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,089 (±$193).
What is the Fair Market Rent for a one-bedroom in Lafayette Township (Floyd County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 47119 is $1,220 a month, against $1,058 across the Louisville, KY-IN HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Louisville, KY-IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Louisville, KY-IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
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.
Figures last updated on .
Related
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- Types of homes in Lafayette Township (Floyd County)
- Bedrooms in Lafayette Township (Floyd County)
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