2025 FMR And Section 8 Rents For Putnam 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 putnam-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
33176$827$855$1124$1503$1729
33174$930$1070$1280$1670$2010
33180$827$855$1124$1503$1729
33183$827$855$1124$1503$1729
33169$850$880$1150$1530$1780
33172$930$970$1270$1700$1950
33181$827$855$1124$1503$1729
33179$827$860$1124$1503$1729
33168$827$855$1124$1503$1729
33184$827$855$1124$1503$1729
33177$930$960$1260$1680$1940
33185$827$855$1124$1503$1729
33178$880$910$1190$1590$1800
33182$827$855$1124$1503$1729
33173$827$855$1124$1503$1729
33175$827$855$1124$1503$1729
33170$1020$1110$1390$1840$2160

Zip Code:

33176

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33174

Studio Rent:

$930

1 Bedroom Rent:

$1070

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1670

4 Bedroom Rent:

$2010

Zip Code:

33180

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33183

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33169

Studio Rent:

$850

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1150

3 Bedroom Rent:

$1530

4 Bedroom Rent:

$1780

Zip Code:

33172

Studio Rent:

$930

1 Bedroom Rent:

$970

2 Bedroom Rent:

$1270

3 Bedroom Rent:

$1700

4 Bedroom Rent:

$1950

Zip Code:

33181

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33179

Studio Rent:

$827

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33168

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33184

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33177

Studio Rent:

$930

1 Bedroom Rent:

$960

2 Bedroom Rent:

$1260

3 Bedroom Rent:

$1680

4 Bedroom Rent:

$1940

Zip Code:

33185

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33178

Studio Rent:

$880

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1590

4 Bedroom Rent:

$1800

Zip Code:

33182

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33173

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33175

Studio Rent:

$827

1 Bedroom Rent:

$855

2 Bedroom Rent:

$1124

3 Bedroom Rent:

$1503

4 Bedroom Rent:

$1729

Zip Code:

33170

Studio Rent:

$1020

1 Bedroom Rent:

$1110

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1840

4 Bedroom Rent:

$2160

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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.