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RentData.org Logo Randolph County Fair Market Rent FY 2023 Randolph County, IN Rental Data

Fair Market Rent Prices in Randolph County, IN :
$576 $628 $826 $1,099 $1,110
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Randolph County are very low compared to the national average. This FMR area is less expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Randolph County is $826 per month.

The previous year, rent for a two-bedroom home was $738 per month. This is a 11.92% increase year-over-year.

This FMR rate applies to Saratoga, IN, Modoc, IN, Williamsburg, IN, Fountain City, IN, Lynn, IN, Farmland, IN, Winchester, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18135N18135.

Additionally, This Fair Market Rent (FMR) area Randolph County, IN spans one county or city in Indiana which is listed in the table below. Estimated population of Randolph County, IN FMR area is 24,694 people based on latest Census data.

Compared to the rest of Indiana, the Randolph County FMR area is less expensive than 89% 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 Randolph County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Randolph 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 $ 612
1-BR 1-Bedroom $ 666
2-BR 2-Bedroom $ 877
3-BR 3-Bedroom $ 1167
4-BR 4-Bedroom $ 1178
Change Year:

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

County / Region Est. Population
Randolph County, IN 24,694
Zip Codes in Randolph County, IN

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

47340, 47341, 47355, 47358, 47382, 47393 and 47394

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