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

Fair Market Rent Prices in Washington County, IN :
$625 $644 $848 $1,130 $1,139
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 Washington County are low compared to the national average. This FMR area is less expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Washington County is $848 per month.

The previous year, rent for a two-bedroom home was $754 per month. This is a 12.47% increase year-over-year.

This FMR rate applies to Salem, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO31140N18175.

Additionally, This Fair Market Rent (FMR) area Washington County, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Washington County, IN HUD Metro FMR Area FMR area is 27,942 people based on latest Census data.

Compared to the rest of Indiana, the Washington County FMR area is less expensive than 73% of the state.

Indiana Rents Map

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

Median Rent Prices in Washington 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 $ 653
1-BR 1-Bedroom $ 672
2-BR 2-Bedroom $ 885
3-BR 3-Bedroom $ 1179
4-BR 4-Bedroom $ 1189
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

County / Region Est. Population
Washington County, IN Metro 27,942
Zip Codes in Washington County, IN HUD Metro FMR Area

There is 1 unique zip code in this Fair Market Rent (FMR) area:

47167

Lookup Fair Market Rent by Zip Code

What's Next?

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