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RentData.org Logo Indiana Fair Market Rent for 2022 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$561 $619 $787 $1,025 $1,162
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Indiana (14) has the 75th highest rent in the country out of 112 states and territories. The Fair Market Rent in Indiana ranges from $738 for a 2-bedroom apartment in Adams County, IN to $981 for a 2-bedroom unit in Lafayette-West Lafayette, IN HUD Metro FMR Area.

For FY 2022, the Lafayette-West Lafayette, IN HUD Metro FMR Area (Benton County) rent for a studio or efficiency is $734 per month and $1,552 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 $787 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Indiana is around 3,965,965 people. So, there are around 594,895 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 $515 $561 $738 $1,006 $1,141 35,020
Fort Wayne, IN MSA Metro $565 $665 $822 $1,048 $1,151 367,745
Columbus, IN MSA Metro $822 $825 $953 $1,237 $1,408 81,025
Lafayette-West Lafayette, IN HUD Metro FMR Area Metro $734 $842 $981 $1,264 $1,552 8,685
Blackford County, IN $515 $634 $738 $949 $1,200 12,215
Indianapolis-Carmel, IN HUD Metro FMR Area Metro $677 $782 $939 $1,231 $1,456 63,015
Carroll County, IN HUD Metro FMR Area Metro $603 $610 $802 $991 $1,088 19,995
Cass County, IN $593 $599 $738 $979 $1,001 38,250
Louisville, KY-IN HUD Metro FMR Area Metro $690 $800 $960 $1,279 $1,468 114,895
Terre Haute, IN HUD Metro FMR Area Metro $565 $629 $782 $976 $1,232 26,375
Clinton County, IN $518 $593 $780 $964 $1,058 32,455
Crawford County, IN $515 $561 $738 $912 $1,001 10,600
Daviess County, IN $532 $579 $762 $961 $1,033 32,775
Cincinnati, OH-KY-IN HUD Metro FMR Area Metro $643 $742 $968 $1,302 $1,483 49,565
Decatur County, IN $598 $651 $857 $1,059 $1,162 26,480
DeKalb County, IN $516 $562 $739 $914 $1,019 42,525
Muncie, IN MSA Metro $565 $598 $756 $1,016 $1,094 115,940
Dubois County, IN $515 $571 $738 $992 $1,263 42,380
Elkhart-Goshen, IN MSA Metro $597 $673 $865 $1,107 $1,173 202,925
Fayette County, IN $505 $561 $738 $912 $1,017 23,425
Fountain County, IN $515 $575 $738 $915 $1,001 16,620
Franklin County, IN HUD Metro FMR Area Metro $539 $617 $812 $1,070 $1,241 22,835
Fulton County, IN $515 $595 $738 $912 $1,001 20,295
Gibson County, IN $619 $623 $738 $997 $1,001 33,595
Grant County, IN $561 $595 $738 $969 $1,129 67,615
Greene County, IN $516 $563 $738 $989 $1,087 32,430
Henry County, IN $510 $591 $738 $977 $1,008 48,650
Kokomo, IN MSA Metro $584 $596 $738 $1,031 $1,127 82,455
Huntington County, IN $499 $609 $738 $958 $1,065 36,520
Jackson County, IN $621 $629 $815 $1,007 $1,107 43,780
Jasper County, IN HUD Metro FMR Area Metro $686 $691 $909 $1,168 $1,233 33,450
Jay County, IN $515 $561 $738 $921 $1,001 21,105
Jefferson County, IN $616 $620 $752 $1,023 $1,242 32,295
Jennings County, IN $569 $572 $748 $1,019 $1,178 27,840
Knox County, IN $569 $573 $754 $932 $1,022 37,765
Kosciusko County, IN $552 $669 $791 $999 $1,095 78,720
LaGrange County, IN $515 $561 $738 $1,018 $1,060 38,720
Gary, IN HUD Metro FMR Area Metro $637 $779 $959 $1,185 $1,338 488,695
Michigan City-La Porte, IN MSA Metro $535 $629 $794 $1,047 $1,139 110,840
Lawrence County, IN $512 $586 $771 $953 $1,262 45,670
Anderson, IN HUD Metro FMR Area Metro $559 $613 $796 $1,017 $1,079 129,640
Marshall County, IN $515 $608 $738 $1,013 $1,263 46,750
Martin County, IN $515 $561 $738 $912 $1,263 10,220
Miami County, IN $515 $611 $738 $997 $1,227 36,035
Bloomington, IN HUD Metro FMR Area Metro $706 $803 $971 $1,369 $1,662 144,435
Montgomery County, IN $520 $570 $745 $1,010 $1,151 38,290
Noble County, IN $513 $589 $772 $988 $1,190 47,420
Orange County, IN $515 $571 $738 $1,033 $1,188 19,625
Owen County, IN HUD Metro FMR Area Metro $578 $582 $757 $1,075 $1,296 20,955
Parke County, IN HUD Metro FMR Area Metro $552 $583 $767 $948 $1,040 17,060
Perry County, IN $515 $563 $738 $1,004 $1,263 19,230
Pike County, IN $515 $639 $738 $1,031 $1,035 12,470
Evansville, IN-KY MSA Metro $621 $706 $880 $1,153 $1,326 25,600
Pulaski County, IN $515 $605 $738 $913 $1,197 12,760
Putnam County, IN HUD Metro FMR Area Metro $589 $600 $769 $1,092 $1,197 37,545
Randolph County, IN $515 $561 $738 $960 $1,045 25,205
Ripley County, IN $497 $563 $741 $969 $1,041 28,370
Rush County, IN $499 $565 $743 $918 $1,008 16,765
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $708 $823 $981 $1,252 $1,330 268,615
Scott County, IN $573 $624 $821 $1,015 $1,113 23,720
Spencer County, IN $490 $561 $738 $962 $1,211 20,610
Starke County, IN $515 $577 $738 $976 $1,001 22,965
Steuben County, IN $579 $626 $824 $1,019 $1,117 34,460
Sullivan County, IN HUD Metro FMR Area Metro $555 $586 $771 $953 $1,230 20,900
Switzerland County, IN $515 $563 $738 $1,048 $1,234 10,615
Tipton County, IN $574 $625 $823 $1,017 $1,116 15,290
Union County, IN HUD Metro FMR Area Metro $524 $606 $788 $1,045 $1,181 7,225
Wabash County, IN $523 $569 $749 $926 $1,016 31,850
Warren County, IN HUD Metro FMR Area Metro $591 $597 $786 $1,117 $1,345 8,270
Washington County, IN HUD Metro FMR Area Metro $541 $573 $754 $1,019 $1,022 27,805
Wayne County, IN $490 $562 $738 $928 $1,041 66,970
Wells County, IN $516 $569 $739 $914 $1,038 27,830
White County, IN $530 $577 $759 $1,012 $1,029 24,280

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