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RentData.org Logo Gibson County Fair Market Rent FY 2014 Gibson County, IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Gibson County, IN :
$452 $474 $626 $838 $841
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Gibson County are very low compared to the national average. This FMR area is less expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gibson County is $626 per month.

The previous year, rent for a two-bedroom home was $650 per month. This is a 3.69% decrease year-over-year.

This FMR rate applies to Griffin, IN, Somerville, IN, Buckskin, IN, Mackey, IN, Cynthiana, IN, Hazleton, IN, Francisco, IN, Patoka, IN, Lynnville, IN, Elberfeld, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO21780N18051.

Additionally, This Fair Market Rent (FMR) area Gibson County, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Gibson County, IN HUD Metro FMR Area FMR area is 33,503 people based on latest Census data.

Compared to the rest of Indiana, the Gibson County FMR area is less expensive than 83% 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 Gibson County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gibson County

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 $ 479
1-BR 1-Bedroom $ 503
2-BR 2-Bedroom $ 664
3-BR 3-Bedroom $ 889
4-BR 4-Bedroom $ 892
Change Year:

There is just one county (listed below) within the Gibson County, IN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Evansville.

County / Region Est. Population
Gibson County, IN Metro 33,503
Zip Codes in Gibson County, IN HUD Metro FMR Area

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

47612, 47613, 47616, 47619, 47633, 47639, 47640, 47647, 47648, 47649, 47654, 47660, 47665, 47666, 47670, 47683 and 47725

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