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2025 FMR And Section 8 Rents For Parke 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 parke-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
71670$745$752$988$1311$1316
71671$860$870$1140$1490$1530
71667$790$800$1050$1390$1400
71674$745$752$988$1311$1316
71659$745$752$988$1311$1330
71666$745$752$988$1311$1316
71675$745$752$988$1311$1316
71661$745$752$988$1311$1360
71663$750$770$990$1311$1370
71655$820$840$1110$1480$1710
71662$860$870$1140$1490$1530
71660$830$840$1100$1460$1460
71658$880$910$1190$1590$1800
71665$960$970$1270$1690$1690

Zip Code:

71670

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1316

Zip Code:

71671

Studio Rent:

$860

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1490

4 Bedroom Rent:

$1530

Zip Code:

71667

Studio Rent:

$790

1 Bedroom Rent:

$800

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1390

4 Bedroom Rent:

$1400

Zip Code:

71674

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1316

Zip Code:

71659

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1330

Zip Code:

71666

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1316

Zip Code:

71675

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1316

Zip Code:

71661

Studio Rent:

$745

1 Bedroom Rent:

$752

2 Bedroom Rent:

$988

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1360

Zip Code:

71663

Studio Rent:

$750

1 Bedroom Rent:

$770

2 Bedroom Rent:

$990

3 Bedroom Rent:

$1311

4 Bedroom Rent:

$1370

Zip Code:

71655

Studio Rent:

$820

1 Bedroom Rent:

$840

2 Bedroom Rent:

$1110

3 Bedroom Rent:

$1480

4 Bedroom Rent:

$1710

Zip Code:

71662

Studio Rent:

$860

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1490

4 Bedroom Rent:

$1530

Zip Code:

71660

Studio Rent:

$830

1 Bedroom Rent:

$840

2 Bedroom Rent:

$1100

3 Bedroom Rent:

$1460

4 Bedroom Rent:

$1460

Zip Code:

71658

Studio Rent:

$880

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1800

Zip Code:

71665

Studio Rent:

$960

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1270

3 Bedroom Rent:

$1690

4 Bedroom Rent:

$1690

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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.