What is the Fair Market Rent in Washington Township (Clark County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,160 to $1,250 a month across the 3 ZIP codes that cover Washington Township (Clark County).
By ZIP code: 47147 $1,170, 47162 $1,250, 47141 $1,160.
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 47147
- $1,170
- 2 bedrooms, ZIP 47162
- $1,250
- 2 bedrooms, ZIP 47141
- $1,160
Fair Market Rents for Washington Township (Clark 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 47147 (52% of the ZIP’s land is in this place) | $890 | $950 | $1,170 | $1,490 | $1,670 | $1,403 |
| ZIP 47162 (39% of the ZIP’s land is in this place) | $960 | $1,040 | $1,250 | $1,600 | $1,840 | $960 |
| ZIP 47141 (28% of the ZIP’s land is in this place) | $890 | $950 | $1,160 | $1,480 | $1,700 | $1,167 |
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 Washington Township (Clark County)
What is the Section 8 payment standard in Washington Township (Clark 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 47147 is $1,170.
What is the Fair Market Rent for a two-bedroom in ZIP 47147?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47147 is $1,170 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,403 (±$327).
What is the Fair Market Rent for a two-bedroom in ZIP 47162?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47162 is $1,250 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $960 (±$28).
What is the Fair Market Rent for a two-bedroom in ZIP 47141?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47141 is $1,160 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,167 (±$327).
What is the Fair Market Rent for a one-bedroom in Washington Township (Clark County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 47147 is $950 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 .
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