Logo Jay County Fair Market Rent FY 2020 Jay County, IN Rental Data

Fair Market Rent Prices in Jay County, IN :
$500 $542 $714 $906 $967
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 Jay County are very low compared to the national average. This FMR area is less expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jay County is $714 per month.

The previous year, rent for a two-bedroom home was $688 per month. This is a 3.78% increase year-over-year.

This FMR rate applies to Salamonia, IN, Ridgeville, IN, Redkey, IN, Union City, IN, Portland, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18075N18075.

Additionally, This Fair Market Rent (FMR) area Jay County, IN spans one county or city in Indiana which is listed in the table below. Estimated population of Jay County, IN FMR area is 0 people based on 2000 Census data.

Compared to the rest of Indiana, the Jay County FMR area is less expensive than 98% of the state.

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

Median Rent Prices in Jay 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 $ 500
1-BR 1-Bedroom $ 542
2-BR 2-Bedroom $ 714
3-BR 3-Bedroom $ 906
4-BR 4-Bedroom $ 967
Change Year:

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

County / Region Est. Population
Jay County, IN 0
Zip Codes in Jay County, IN

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

47371, 47373, 47380, 47381 and 47390

Lookup Fair Market Rent by Zip Code