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

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus 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

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 .

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