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2025 FMR And Section 8 Rents For Jasper County IN

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of jasper-county, IN.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
16563$869$874$1149$1495$1530
16508$910$910$1200$1560$1600
16510$869$874$1149$1495$1530
16509$869$874$1149$1495$1530
16503$880$880$1160$1510$1540
16504$870$880$1150$1500$1530
16601$869$874$1149$1495$1530
16502$869$874$1149$1495$1530
16505$900$910$1190$1550$1580
16507$869$880$1149$1495$1530
16511$870$880$1150$1500$1530
16546$869$874$1149$1495$1530
16506$869$880$1149$1495$1530
16501$869$880$1149$1495$1530

Zip Code:

16563

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16508

Studio Rent:

$910

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1200

3 Bedroom Rent:

$1560

4 Bedroom Rent:

$1600

Zip Code:

16510

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16509

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16503

Studio Rent:

$880

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1160

3 Bedroom Rent:

$1510

4 Bedroom Rent:

$1540

Zip Code:

16504

Studio Rent:

$870

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1500

4 Bedroom Rent:

$1530

Zip Code:

16601

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16502

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16505

Studio Rent:

$900

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1550

4 Bedroom Rent:

$1580

Zip Code:

16507

Studio Rent:

$869

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16511

Studio Rent:

$870

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1500

4 Bedroom Rent:

$1530

Zip Code:

16546

Studio Rent:

$869

1 Bedroom Rent:

$874

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16506

Studio Rent:

$869

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

Zip Code:

16501

Studio Rent:

$869

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1149

3 Bedroom Rent:

$1495

4 Bedroom Rent:

$1530

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.