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RentData.org Logo Columbus Fair Market Rent FY 2014 Columbus, IN MSA Rental Data

Fair Market Rent Prices in Columbus, IN :
$608 $665 $827 $1,087 $1,122
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Columbus are high compared to the national average. This FMR area is more expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Columbus is $827 per month.

The previous year, rent for a two-bedroom home was $730 per month. This is a 13.29% increase year-over-year.

This FMR rate applies to Clifford, IN, Grammer, IN, Jonesville, IN, Hartsville, IN, Taylorsville, IN, Flat Rock, IN, Scipio, IN, Elizabethtown, IN, Westport, IN, Hope, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO18020M18020.

Additionally, This Fair Market Rent (FMR) area Columbus, IN MSA spans one county or city in Indiana which is listed in the table below. Estimated population of Columbus, IN MSA FMR area is 76,794 people based on latest Census data.

Compared to the rest of Indiana, the Columbus FMR area is more expensive than 98% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Columbus. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Columbus

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 650
1-BR 1-Bedroom $ 711
2-BR 2-Bedroom $ 885
3-BR 3-Bedroom $ 1164
4-BR 4-Bedroom $ 1201
Change Year:

There is just one county (listed below) within the Columbus, IN MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Indianapolis and Louisville.

County / Region Est. Population
Columbus, IN Metro 76,794
Zip Codes in Columbus, IN MSA

There are 16 unique zip codes in this Fair Market Rent (FMR) area:

46124, 47201, 47202, 47203, 47226, 47232, 47234, 47236, 47244, 47246, 47247, 47273, 47274, 47280, 47283 and 47448

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