Logo Jennings County Fair Market Rent FY 2014 Jennings County, IN Rental Data

Fair Market Rent Prices in Jennings County, IN :
$402 $506 $676 $872 $968
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 Jennings County are low compared to the national average. This FMR area is less expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jennings County is $676 per month.

The previous year, rent for a two-bedroom home was $646 per month. This is a 4.64% increase year-over-year.

This FMR rate applies to Hayden, IN, Vernon, IN, Paris Crossing, IN, Butlerville, IN, North Vernon, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18079N18079.

Additionally, This Fair Market Rent (FMR) area Jennings County, IN spans one county or city in Indiana which is listed in the table below. Estimated population of Jennings County, IN FMR area is 28,525 people based on 2010 Census data.

Compared to the rest of Indiana, the Jennings County FMR area is more expensive than 57% 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 Jennings County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jennings 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 $ 418
1-BR 1-Bedroom $ 526
2-BR 2-Bedroom $ 703
3-BR 3-Bedroom $ 907
4-BR 4-Bedroom $ 1007
Change Year:

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

County / Region Est. Population
Jennings County, IN 28,525
Zip Codes in Jennings County, IN

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

47223, 47245, 47265, 47270 and 47282

Lookup Fair Market Rent by Zip Code