Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Knox County Fair Market Rent FY 2018 Knox County, IN Rental Data

Fair Market Rent Prices in Knox County, IN :
$549 $553 $735 $992 $1,001
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 Knox County are average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Knox County is $735 per month.

The previous year, rent for a two-bedroom home was $689 per month. This is a 6.68% increase year-over-year.

This FMR rate applies to Decker, IN, Freelandville, IN, Ragsdale, IN, Westphalia, IN, Edwardsport, IN, Wheatland, IN, Bruceville, IN, Monroe City, IN, Oaktown, IN, Carlisle, IN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY18083N18083.

Additionally, This Fair Market Rent (FMR) area Knox County, IN spans one county or city in Indiana which is listed in the table below. Estimated population of Knox County, IN FMR area is 38,440 people based on latest Census data.

Compared to the rest of Indiana, the Knox County FMR area is less expensive than 54% 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 Knox County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Knox 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 $ 580
1-BR 1-Bedroom $ 584
2-BR 2-Bedroom $ 777
3-BR 3-Bedroom $ 1048
4-BR 4-Bedroom $ 1058
Change Year:

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

County / Region Est. Population
Knox County, IN 38,440
Zip Codes in Knox County, IN

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

47512, 47516, 47524, 47528, 47535, 47557, 47561, 47573, 47591, 47596, 47597 and 47838

Lookup Fair Market Rent by Zip Code
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