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RentData.org Logo Indiana Fair Market Rent for 2016 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$474 $537 $694 $912 $1,039
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Indiana (14) has the 69th highest rent in the country out of 112 states and territories. The Fair Market Rent in Indiana ranges from $650 for a 2-bedroom apartment in Adams County, IN to $924 for a 2-bedroom unit in Bloomington, IN HUD Metro FMR Area.

For FY 2016, the Bloomington, IN HUD Metro FMR Area (Monroe County) rent for a studio or efficiency is $679 per month and $1,613 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Indiana is $694 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Indiana is around 3,926,347 people. So, there are around 588,952 people in Indiana who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Indiana. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Indiana Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Indiana
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Adams County, IN $457 $487 $650 $865 $1,072 34,387
Fort Wayne, IN MSA Metro $491 $556 $708 $911 $1,013 355,329
Columbus, IN MSA Metro $525 $659 $787 $992 $1,079 76,794
Lafayette-West Lafayette, IN HUD Metro FMR Area Metro $610 $678 $832 $1,131 $1,453 8,854
Blackford County, IN $457 $486 $650 $882 $1,037 12,766
Indianapolis-Carmel-Anderson, IN HUD Metro FMR Area Metro $552 $651 $809 $1,084 $1,230 56,640
Carroll County, IN HUD Metro FMR Area Metro $511 $514 $650 $888 $891 20,155
Cass County, IN $431 $486 $650 $807 $972 38,966
Louisville, KY-IN HUD Metro FMR Area Metro $551 $644 $817 $1,123 $1,275 110,232
Terre Haute, IN HUD Metro FMR Area Metro $430 $521 $697 $865 $955 26,890
Clinton County, IN $415 $511 $673 $888 $1,032 33,224
Crawford County, IN $457 $486 $650 $807 $922 10,713
Daviess County, IN $457 $486 $650 $891 $895 31,648
Cincinnati, OH-KY-IN HUD Metro FMR Area Metro $509 $600 $787 $1,102 $1,297 50,047
Decatur County, IN $455 $564 $737 $915 $1,010 25,740
DeKalb County, IN $452 $512 $650 $853 $1,034 42,223
Muncie, IN MSA Metro $546 $605 $790 $1,040 $1,316 117,671
Dubois County, IN $494 $497 $650 $947 $1,135 41,889
Elkhart-Goshen, IN MSA Metro $482 $585 $781 $971 $1,122 197,559
Fayette County, IN $441 $488 $653 $861 $930 24,277
Fountain County, IN $476 $554 $678 $863 $929 17,240
Franklin County, IN $413 $500 $669 $830 $917 23,087
Fulton County, IN $457 $497 $650 $807 $891 20,836
Gibson County, IN $457 $531 $650 $879 $988 33,503
Grant County, IN $457 $486 $650 $852 $946 70,061
Greene County, IN $401 $497 $650 $807 $1,073 33,165
Henry County, IN $481 $486 $650 $835 $893 49,462
Kokomo, IN MSA Metro $458 $503 $673 $909 $922 82,752
Huntington County, IN $436 $492 $659 $872 $903 37,124
Jackson County, IN $459 $538 $654 $940 $1,031 42,376
Jasper County, IN HUD Metro FMR Area Metro $561 $562 $752 $933 $1,297 33,478
Jay County, IN $457 $491 $650 $888 $891 21,253
Jefferson County, IN $406 $547 $658 $906 $934 32,428
Jennings County, IN $501 $533 $713 $895 $977 28,525
Knox County, IN $491 $494 $661 $877 $906 38,440
Kosciusko County, IN $427 $538 $693 $879 $950 77,358
LaGrange County, IN $457 $532 $650 $879 $906 37,128
Gary, IN HUD Metro FMR Area Metro $535 $707 $867 $1,107 $1,188 496,005
Michigan City-La Porte, IN MSA Metro $468 $567 $759 $985 $1,040 111,467
Lawrence County, IN $410 $497 $665 $825 $1,095 46,134
Anderson, IN HUD Metro FMR Area Metro $433 $524 $702 $919 $1,060 131,636
Marshall County, IN $513 $514 $688 $854 $943 47,051
Martin County, IN $457 $506 $650 $947 $1,135 10,334
Miami County, IN $457 $562 $650 $911 $1,135 36,903
Bloomington, IN HUD Metro FMR Area Metro $679 $718 $924 $1,256 $1,613 137,974
Montgomery County, IN $518 $529 $708 $929 $970 38,124
Noble County, IN $403 $534 $650 $842 $1,076 47,536
Orange County, IN $457 $486 $650 $848 $1,033 19,840
Owen County, IN HUD Metro FMR Area Metro $469 $589 $747 $987 $1,304 21,575
Parke County, IN $457 $504 $650 $854 $1,135 17,339
Perry County, IN $457 $486 $650 $888 $891 19,338
Pike County, IN $457 $486 $650 $848 $1,080 12,845
Evansville, IN-KY MSA Metro $544 $581 $752 $933 $1,031 25,910
Pulaski County, IN $401 $486 $650 $807 $891 13,402
Putnam County, IN HUD Metro FMR Area Metro $531 $534 $650 $947 $1,135 37,963
Randolph County, IN $457 $526 $650 $937 $1,031 26,171
Ripley County, IN $425 $501 $671 $873 $1,058 28,818
Rush County, IN $459 $489 $654 $812 $906 17,392
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $493 $628 $787 $994 $1,079 266,931
Scott County, IN HUD Metro FMR Area Metro $526 $564 $755 $1,040 $1,223 24,181
Spencer County, IN $401 $486 $650 $843 $891 20,952
Starke County, IN $417 $505 $676 $847 $1,168 23,363
Steuben County, IN $502 $534 $715 $907 $980 34,185
Sullivan County, IN HUD Metro FMR Area Metro $435 $591 $705 $875 $966 21,475
Switzerland County, IN $530 $564 $755 $1,100 $1,174 10,613
Tipton County, IN $490 $549 $697 $883 $955 15,936
Union County, IN HUD Metro FMR Area Metro $535 $562 $650 $807 $1,028 7,516
Wabash County, IN $476 $488 $650 $807 $891 32,888
Warren County, IN $458 $520 $652 $890 $894 8,508
Washington County, IN HUD Metro FMR Area Metro $459 $518 $659 $924 $958 28,262
Wayne County, IN $449 $504 $664 $841 $910 68,917
White County, IN $457 $547 $650 $888 $891 24,643

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