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RentData.org Logo Indiana Fair Market Rent for 2007 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$421 $464 $573 $737 $810
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Indiana (IN) has the 53rd highest rent in the country out of 108 states and territories. The Fair Market Rent in Indiana ranges from $519 for a 2-bedroom apartment in Adams County, IN to $755 for a 2-bedroom unit in Gary, IN HUD Metro FMR Area.

For FY 2007, the Gary, IN HUD Metro FMR Area (Lake County) rent for a studio or efficiency is $497 per month and $931 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 $573 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Indiana is around 3,772,441 people. So, there are around 565,866 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 $431 $468 $519 $679 $801 33,625
Fort Wayne, IN MSA Metro $459 $488 $610 $761 $782 331,849
Columbus, IN MSA Metro $582 $583 $700 $858 $918 71,435
Lafayette, IN HUD Metro FMR Area Metro $480 $567 $696 $906 $1,036 9,421
Blackford County, IN $443 $445 $534 $679 $734 14,048
Indianapolis, IN HUD Metro FMR Area Metro $504 $584 $693 $897 $949 46,107
Carroll County, IN HUD Metro FMR Area Metro $366 $430 $564 $742 $764 20,165
Cass County, IN $377 $406 $534 $680 $702 40,930
Louisville, KY-IN HUD Metro FMR Area Metro $426 $492 $584 $816 $867 96,472
Terre Haute, IN HUD Metro FMR Area Metro $370 $422 $543 $670 $771 26,556
Clinton County, IN $460 $488 $596 $744 $781 33,866
Crawford County, IN $370 $422 $519 $641 $680 10,743
Daviess County, IN $431 $434 $519 $675 $828 29,820
Cincinnati-Middleton, OH-KY-IN HUD Metro FMR Area Metro $436 $516 $668 $894 $929 46,109
Decatur County, IN $502 $504 $605 $784 $808 24,555
DeKalb County, IN $428 $458 $581 $799 $821 40,285
Muncie, IN MSA Metro $498 $509 $616 $830 $871 118,769
Dubois County, IN $348 $418 $536 $732 $753 39,674
Elkhart-Goshen, IN MSA Metro $479 $534 $660 $830 $869 182,791
Fayette County, IN $355 $440 $546 $723 $744 25,588
Fountain County, IN $381 $458 $519 $694 $726 17,954
Fulton County, IN $443 $460 $534 $754 $778 20,511
Gibson County, IN HUD Metro FMR Area Metro $435 $436 $521 $666 $916 32,500
Grant County, IN $454 $455 $550 $694 $810 73,403
Greene County, IN HUD Metro FMR Area Metro $403 $404 $519 $753 $779 33,157
Henry County, IN $472 $474 $568 $730 $817 48,508
Kokomo, IN MSA Metro $483 $489 $620 $791 $813 84,964
Huntington County, IN $407 $485 $573 $715 $866 38,075
Jackson County, IN $485 $486 $591 $759 $921 41,335
Jasper County, IN HUD Metro FMR Area Metro $499 $500 $621 $810 $835 30,043
Jay County, IN $337 $413 $519 $703 $726 21,806
Jefferson County, IN $386 $414 $545 $652 $807 31,705
Jennings County, IN $375 $442 $578 $700 $964 27,554
Knox County, IN $361 $411 $519 $643 $802 39,256
Kosciusko County, IN $394 $460 $605 $770 $896 74,057
LaGrange County, IN $479 $480 $576 $694 $771 34,909
Gary, IN HUD Metro FMR Area Metro $497 $619 $755 $902 $931 484,564
Michigan City-La Porte, IN MSA Metro $416 $481 $610 $810 $833 110,106
Lawrence County, IN $378 $446 $582 $695 $716 45,922
Anderson, IN MSA Metro $502 $503 $604 $777 $809 133,358
Marshall County, IN $411 $474 $589 $776 $800 45,128
Martin County, IN $370 $408 $519 $639 $747 10,369
Miami County, IN $337 $396 $519 $756 $815 36,082
Bloomington, IN HUD Metro FMR Area Metro $473 $548 $668 $949 $981 120,563
Montgomery County, IN $384 $452 $575 $783 $825 37,629
Noble County, IN $510 $512 $615 $735 $756 46,275
Orange County, IN $335 $394 $519 $653 $713 19,306
Owen County, IN HUD Metro FMR Area Metro $445 $447 $535 $677 $939 21,786
Parke County, IN $432 $434 $519 $654 $823 17,241
Perry County, IN $337 $395 $519 $674 $695 18,899
Pike County, IN $337 $398 $519 $672 $693 12,837
Evansville, IN-KY HUD Metro FMR Area Metro $386 $450 $560 $691 $751 27,061
Pulaski County, IN $448 $450 $541 $718 $741 13,755
Putnam County, IN HUD Metro FMR Area Metro $501 $502 $604 $722 $814 36,019
Randolph County, IN $431 $432 $519 $740 $763 27,401
Ripley County, IN $496 $497 $599 $721 $825 26,523
Rush County, IN $469 $470 $565 $677 $742 18,261
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $478 $532 $640 $821 $845 265,559
Scott County, IN $382 $427 $541 $699 $809 22,960
Spencer County, IN $337 $398 $519 $672 $693 20,391
Starke County, IN $450 $475 $543 $718 $755 23,556
Steuben County, IN $434 $495 $651 $785 $808 33,214
Sullivan County, IN HUD Metro FMR Area Metro $336 $394 $519 $621 $639 21,751
Switzerland County, IN $409 $444 $584 $731 $815 9,065
Union County, IN $368 $449 $567 $706 $729 7,349
Wabash County, IN $339 $395 $519 $709 $808 34,960
Warren County, IN $370 $454 $569 $700 $813 8,419
Washington County, IN HUD Metro FMR Area Metro $395 $442 $519 $638 $850 27,223
Wayne County, IN $372 $437 $548 $744 $767 71,097
White County, IN $394 $545 $605 $723 $1,021 25,267

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