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RentData.org Logo Indiana Fair Market Rent for 2024 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$681 $747 $942 $1,211 $1,364
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Indiana (14) has the 37th highest rent in the country out of 56 states and territories. The Fair Market Rent in Indiana ranges from $863 for a 2-bedroom apartment in Adams County, IN to $1,349 for a 2-bedroom unit in Indianapolis-Carmel, IN HUD Metro FMR Area.

For FY 2024, the Indianapolis-Carmel, IN HUD Metro FMR Area (Boone County) rent for a studio or efficiency is $982 per month and $2,126 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 $942 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Indiana is around 3,978,197 people. So, there are around 596,730 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
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Adams County, IN $652 $657 $863 $1,108 $1,149 35,544
Fort Wayne, IN MSA Metro $826 $895 $1,089 $1,379 $1,499 375,520
Columbus, IN MSA Metro $1,037 $1,065 $1,196 $1,539 $1,669 83,280
Lafayette-West Lafayette, IN HUD Metro FMR Area Metro $778 $908 $1,069 $1,293 $1,604 8,695
Blackford County, IN $600 $761 $863 $1,114 $1,391 11,926
Indianapolis-Carmel, IN HUD Metro FMR Area Metro $982 $1,145 $1,349 $1,758 $2,126 66,875
Carroll County, IN HUD Metro FMR Area Metro $655 $657 $863 $1,105 $1,149 20,137
Cass County, IN $717 $721 $863 $1,145 $1,149 37,727
Louisville, KY-IN HUD Metro FMR Area Metro $976 $1,077 $1,301 $1,701 $1,955 117,410
Terre Haute, IN HUD Metro FMR Area Metro $741 $766 $964 $1,166 $1,398 26,231
Clinton County, IN $625 $707 $922 $1,139 $1,228 32,186
Crawford County, IN $600 $769 $863 $1,193 $1,297 10,582
Daviess County, IN $669 $673 $878 $1,088 $1,169 33,277
Cincinnati, OH-KY-IN HUD Metro FMR Area Metro $810 $919 $1,195 $1,588 $1,766 49,612
Decatur County, IN $686 $751 $987 $1,193 $1,327 26,587
DeKalb County, IN $600 $657 $863 $1,066 $1,149 43,193
Muncie, IN MSA Metro $708 $784 $952 $1,280 $1,383 114,461
Dubois County, IN $600 $657 $863 $1,216 $1,465 42,534
Elkhart-Goshen, IN MSA Metro $849 $879 $1,102 $1,415 $1,468 205,184
Fayette County, IN $585 $657 $863 $1,046 $1,149 23,068
Fountain County, IN $600 $657 $863 $1,053 $1,393 16,456
Franklin County, IN HUD Metro FMR Area Metro $636 $715 $939 $1,292 $1,330 22,750
Fulton County, IN $602 $658 $865 $1,046 $1,152 20,069
Gibson County, IN $723 $727 $883 $1,172 $1,176 33,711
Grant County, IN $585 $684 $863 $1,119 $1,285 66,055
Greene County, IN $631 $672 $863 $1,171 $1,303 32,174
Henry County, IN $678 $682 $863 $1,083 $1,204 48,158
Kokomo, IN MSA Metro $788 $793 $980 $1,299 $1,428 82,486
Huntington County, IN $600 $675 $863 $1,088 $1,373 36,351
Jackson County, IN $679 $712 $936 $1,132 $1,247 44,077
Jasper County, IN HUD Metro FMR Area Metro $869 $874 $1,149 $1,495 $1,530 33,433
Jay County, IN $611 $657 $863 $1,109 $1,149 20,697
Jefferson County, IN $643 $740 $865 $1,099 $1,468 32,167
Jennings County, IN $630 $657 $863 $1,216 $1,447 27,639
Knox County, IN $619 $677 $890 $1,076 $1,185 36,833
Kosciusko County, IN $785 $790 $942 $1,162 $1,351 79,156
LaGrange County, IN $652 $657 $863 $1,139 $1,149 39,537
Gary, IN HUD Metro FMR Area Metro $869 $1,027 $1,254 $1,539 $1,672 485,983
Michigan City-La Porte, IN MSA Metro $689 $823 $1,016 $1,299 $1,461 110,026
Lawrence County, IN $606 $663 $871 $1,057 $1,418 45,552
Anderson, IN HUD Metro FMR Area Metro $793 $868 $1,140 $1,468 $1,518 129,486
Marshall County, IN $616 $727 $886 $1,168 $1,293 46,336
Martin County, IN $600 $657 $863 $1,043 $1,267 10,169
Miami County, IN $600 $692 $863 $1,112 $1,383 35,684
Bloomington, IN HUD Metro FMR Area Metro $848 $979 $1,126 $1,549 $1,814 147,318
Montgomery County, IN $600 $684 $863 $1,176 $1,279 38,295
Noble County, IN $594 $667 $877 $1,077 $1,397 47,640
Orange County, IN $600 $657 $863 $1,216 $1,304 19,552
Owen County, IN HUD Metro FMR Area Metro $683 $684 $899 $1,146 $1,488 20,854
Parke County, IN HUD Metro FMR Area Metro $745 $752 $988 $1,311 $1,316 16,912
Perry County, IN $651 $671 $863 $1,110 $1,465 19,091
Pike County, IN $600 $769 $863 $1,182 $1,187 12,364
Evansville, IN-KY MSA Metro $766 $850 $1,070 $1,360 $1,558 25,480
Pulaski County, IN $600 $769 $863 $1,146 $1,465 12,482
Putnam County, IN HUD Metro FMR Area Metro $827 $855 $1,124 $1,503 $1,729 37,419
Randolph County, IN $600 $657 $863 $1,145 $1,149 24,694
Ripley County, IN $617 $673 $884 $1,216 $1,282 28,457
Rush County, IN $600 $670 $863 $1,044 $1,149 16,632
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $689 $862 $1,017 $1,267 $1,354 270,881
Scott County, IN $652 $732 $962 $1,203 $1,281 23,785
Spencer County, IN $585 $657 $863 $1,184 $1,407 20,364
Starke County, IN $600 $687 $863 $1,059 $1,175 22,996
Steuben County, IN $684 $726 $944 $1,172 $1,257 34,591
Sullivan County, IN HUD Metro FMR Area Metro $626 $703 $924 $1,117 $1,231 20,647
Switzerland County, IN $600 $657 $863 $1,216 $1,274 10,727
Tipton County, IN $644 $705 $926 $1,120 $1,288 15,154
Union County, IN HUD Metro FMR Area Metro $628 $714 $926 $1,245 $1,494 7,140
Wabash County, IN $602 $659 $866 $1,047 $1,153 31,198
Warren County, IN HUD Metro FMR Area Metro $628 $740 $863 $1,216 $1,465 8,219
Washington County, IN HUD Metro FMR Area Metro $745 $753 $989 $1,236 $1,317 27,942
Wayne County, IN $637 $657 $863 $1,071 $1,156 66,176
Wells County, IN $603 $660 $867 $1,048 $1,255 28,010
White County, IN $624 $683 $897 $1,085 $1,195 24,163

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