How much does Section 8 pay for a 2-bedroom in ZIP 47240?

For ZIP 47240 in Decatur County, IN, the FY2026 two-bedroom Small Area Fair Market Rent is $1,100 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $990 to $1,210 before the tenant's utility allowance.

What are the FY2026 Section 8 rent limits for ZIP 47240?

HUD's FY2026 Small Area Fair Market Rent for ZIP 47240, by bedroom size: studio $810, 1-bedroom $940, 2-bedroom $1,100, 3-bedroom $1,440, 4-bedroom $1,730. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.

Which housing authority covers ZIP 47240?

Vouchers for Decatur County are administered by Housing Authority of the City of Greensburg. The authority whose jurisdiction covers ZIP 47240 handles the application, the waitlist, the HAP contract, and the unit inspection.

Section 8 Rent in ZIP 47240

FY2026 Small Area Fair Market Rent for ZIP 47240 in Decatur County, Indiana: the exact per-bedroom rents HUD publishes for this ZIP, the estimated payment-standard range, the housing authorities that administer vouchers here, and whether a landlord can legally decline a voucher in Indiana.

Studio

$810

1 BR

$940

2 BR

$1,100

3 BR

$1,440

4 BR

$1,730

Estimated payment standard range (2 BR)

Local PHAs set payment standards between 90% and 110% of FMR. Exact figures vary by PHA. The numbers below are the modeled range.

Low (90%)

$990

FMR (100%)

$1,100

High (110%)

$1,210

Gross rent before the tenant utility allowance. The PHA's published payment standard is the number that actually applies; verify with the PHA before signing a lease or HAP contract.

ZIP vs county FMR (2 BR)

ZIP 47240 at $1,100 is $29 higher than the Decatur County county-wide 2 BR FMR of $1,071. In SAFMR metros the ZIP number is what actually applies to an address here, so a voucher stretches further in this ZIP than the county average suggests.

Can a landlord refuse Section 8 in ZIP 47240?

Yes. Indiana law blocks local governments from requiring voucher acceptance, so landlords in ZIP 47240 can legally decline Section 8 applicants. Listing on a voucher-friendly marketplace is the fastest way to find the landlords who do accept.

Indiana preempts local SOI protections. No statewide law. Landlords can refuse vouchers.

Informational only, not legal advice. Laws change, so verify current status before acting on a rejection or making a leasing decision.

Housing authorities serving Decatur County

Housing Authority of the City of Greensburg
Greensburg · PHA code IN078
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The PHA whose jurisdiction covers ZIP 47240 handles the application, the HAP contract, and the unit inspection.

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in ZIP 47240?: For ZIP 47240 in Decatur County, IN, the FY2026 two-bedroom Small Area Fair Market Rent is $1,100 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $990 to $1,210 before the tenant's utility allowance.
What are the FY2026 Section 8 rent limits for ZIP 47240?: HUD's FY2026 Small Area Fair Market Rent for ZIP 47240, by bedroom size: studio $810, 1-bedroom $940, 2-bedroom $1,100, 3-bedroom $1,440, 4-bedroom $1,730. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.
Which housing authority covers ZIP 47240?: Vouchers for Decatur County are administered by Housing Authority of the City of Greensburg. The authority whose jurisdiction covers ZIP 47240 handles the application, the waitlist, the HAP contract, and the unit inspection.

Find Section 8 apartments in ZIP 47240

VoucherMatch connects voucher holders with landlords who accept Section 8, and it is free for renters. Landlords: listings here reach applicants whose voucher already covers the rent above.

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Decatur County overview All of Indiana

SAFMR data published by HUD for FY2026. ZIP 47240 maps to Decatur County, IN · FIPS 18031. Investors can run these numbers in the RentalCalcs voucher analyzer.