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Section 8 rent in Pike County, IN

FY2025 HUD Small Area Fair Market Rents for the Pike County, IN, covering 12 ZIP codes.

$978Avg 2BR FMR / mo
$1,076Avg 2BR at 110% Standard
12ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$650$704$780$775
1 Bedroom$710$784$900$863
2 Bedrooms$930$978$1,080$1,076
3 Bedrooms$1,160$1,285$1,460$1,414
4 Bedrooms$1,230$1,406$1,580$1,546

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$1,956$23,472
Triplex3 × 2BR$2,934$35,208
Fourplex4 × 2BR$3,912$46,944
Fourplex4 × 3BR$5,140$61,680

Gross scheduled rent before vacancy, maintenance and management. Run any Indiana multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 12 of 12 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
47541 $860 $1,080 $1,360 $1,580
47584 $900 $1,080 $1,460 $1,470
47660 $860 $1,080 $1,360 $1,560
47564 $770 $980 $1,290 $1,440
47619 $770 $970 $1,230 $1,410
47585 $750 $950 $1,260 $1,400
47590 $750 $940 $1,290 $1,440
47598 $790 $940 $1,270 $1,280
47542 $710 $930 $1,300 $1,560
47567 $780 $930 $1,260 $1,260
47640 $740 $930 $1,180 $1,240
47666 $730 $930 $1,160 $1,230

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
Est. mortgage payment (PITI)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Pike County, IN?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Pike County, IN is $978 per month, ranging from $930 to $1,080 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,076.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Pike County, IN, 2-bedroom SAFMRs run from $930 to $1,080 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Indiana?
RealG searches live listings across Indiana, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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These are the rents. RealG finds the properties.

Every Indiana listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

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