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RentData.org Logo Owen County Fair Market Rent FY 2014 Owen County, IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Owen County, IN :
$454 $487 $626 $802 $1,109
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Owen 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 Owen County is $626 per month.

The previous year, rent for a two-bedroom home was $619 per month. This is a 1.13% increase year-over-year.

This FMR rate applies to Patricksburg, IN, Freedom, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO14020N18119.

Additionally, This Fair Market Rent (FMR) area Owen County, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Owen County, IN HUD Metro FMR Area FMR area is 21,575 people based on 2010 Census data.

Compared to the rest of Indiana, the Owen County FMR area is more expensive than 66% 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 Owen County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Owen 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 $ 478
1-BR 1-Bedroom $ 512
2-BR 2-Bedroom $ 659
3-BR 3-Bedroom $ 844
4-BR 4-Bedroom $ 1167
Change Year:

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

County / Region Est. Population
Owen County, IN Metro 21,575
Zip Codes in Owen County, IN HUD Metro FMR Area

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

47431 and 47455

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