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RentData.org Logo Parke County Fair Market Rent FY 2023 Parke County, IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Parke County, IN :
$641 $660 $869 $1,079 $1,167
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 Parke County are low compared to the national average. This FMR area is less expensive than 57% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Parke County is $869 per month.

The previous year, rent for a two-bedroom home was $767 per month. This is a 13.3% increase year-over-year.

This FMR rate applies to Bridgeton, IN, Mecca, IN, Marshall, IN, Bloomingdale, IN, Montezuma, IN, Rockville, IN, Terre Haute, IN, Greencastle, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO45460M18121.

Additionally, This Fair Market Rent (FMR) area Parke County, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Parke County, IN HUD Metro FMR Area FMR area is 16,912 people based on latest Census data.

Compared to the rest of Indiana, the Parke County FMR area is less expensive than 64% 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 Parke County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Parke 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 $ 670
1-BR 1-Bedroom $ 689
2-BR 2-Bedroom $ 907
3-BR 3-Bedroom $ 1126
4-BR 4-Bedroom $ 1218
Change Year:
2022 2023 2024 2025

There is just one county (listed below) within the Parke County, IN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Indianapolis and Terre Haute.

County / Region Est. Population
Parke County, IN Metro 16,912
Zip Codes in Parke County, IN HUD Metro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

46135, 47805, 47832, 47836, 47859, 47860, 47862 and 47872

Lookup Fair Market Rent by Zip Code

What's Next?

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