Section 8 rent in Terre Haute, IN

FY2025 HUD Small Area Fair Market Rents for the Terre Haute, IN HUD Metro FMR Area, covering 45 ZIP codes.

$990Avg 2BR FMR / mo
$1,089Avg 2BR at 110% Standard
45ZIP 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$670$761$890$837
1 Bedroom$710$774$890$852
2 Bedrooms$930$990$1,130$1,089
3 Bedrooms$1,120$1,215$1,370$1,337
4 Bedrooms$1,300$1,423$1,730$1,565

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$1,980$23,760
Triplex3 × 2BR$2,970$35,640
Fourplex4 × 2BR$3,960$47,520
Fourplex4 × 3BR$4,860$58,320

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 15 of 45 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
47853 $890 $1,130 $1,360 $1,580
47871 $880 $1,110 $1,340 $1,550
47850 $850 $1,100 $1,330 $1,690
47869 $850 $1,100 $1,330 $1,690
47803 $850 $1,080 $1,300 $1,510
47928 $840 $1,060 $1,280 $1,480
47966 $840 $1,060 $1,280 $1,480
47868 $810 $1,050 $1,360 $1,730
47874 $810 $1,050 $1,370 $1,410
47837 $800 $1,030 $1,280 $1,410
47866 $810 $1,030 $1,250 $1,510
46171 $780 $1,020 $1,360 $1,560
47834 $770 $1,020 $1,360 $1,560
47840 $770 $1,020 $1,360 $1,560
47801 $800 $1,010 $1,220 $1,410

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)
Est. monthly cash flow

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.

Analyze Real Indiana Listings Free

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Terre Haute, IN?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Terre Haute, IN HUD Metro FMR Area is $990 per month, ranging from $930 to $1,130 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 $1,089.
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 Terre Haute, IN, 2-bedroom SAFMRs run from $930 to $1,130 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.

More Indiana markets

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.

Start Free