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RentData.org Logo Fountain County Fair Market Rent FY 2016 Fountain County, IN Rental Data

Fair Market Rent Prices in Fountain County, IN :
$476 $554 $678 $863 $929
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 Fountain County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fountain County is $678 per month.

The previous year, rent for a two-bedroom home was $656 per month. This is a 3.35% increase year-over-year.

This FMR rate applies to Mellott, IN, Newtown, IN, Wingate, IN, Hillsboro, IN, Waynetown, IN, Kingman, IN, Veedersburg, IN, Covington, IN, Attica, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18045N18045.

Additionally, This Fair Market Rent (FMR) area Fountain County, IN spans one county or city in which is listed in the table below. Estimated population of Fountain County, IN FMR area is 17,240 people based on latest Census data.

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

Median Rent Prices in Fountain 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 $ 503
1-BR 1-Bedroom $ 585
2-BR 2-Bedroom $ 716
3-BR 3-Bedroom $ 912
4-BR 4-Bedroom $ 981
Change Year:

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

County / Region Est. Population
Fountain County, IN 17,240
Zip Codes in Fountain County, IN

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

47918, 47932, 47949, 47952, 47958, 47969, 47987, 47990 and 47994

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