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RentData.org Logo Indiana Fair Market Rent for 2008 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$448 $493 $610 $784 $862
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 $555 for a 2-bedroom apartment in Adams County, IN to $745 for a 2-bedroom unit in Gary, IN HUD Metro FMR Area.

For FY 2008, the Gary, IN HUD Metro FMR Area (Lake County) rent for a studio or efficiency is $490 per month and $919 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 $610 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 $461 $500 $555 $726 $856 33,625
Fort Wayne, IN MSA Metro $479 $509 $636 $793 $815 331,849
Columbus, IN MSA Metro $618 $620 $744 $912 $976 71,435
Lafayette, IN HUD Metro FMR Area Metro $511 $604 $742 $966 $1,105 9,421
Blackford County, IN $472 $475 $569 $724 $782 14,048
Indianapolis, IN HUD Metro FMR Area Metro $528 $611 $726 $939 $994 46,107
Carroll County, IN HUD Metro FMR Area Metro $389 $458 $600 $790 $813 20,165
Cass County, IN $402 $433 $569 $725 $748 40,930
Louisville, KY-IN HUD Metro FMR Area Metro $483 $559 $663 $926 $984 96,472
Terre Haute, IN HUD Metro FMR Area Metro $396 $451 $580 $715 $823 26,556
Clinton County, IN $492 $521 $637 $796 $834 33,866
Crawford County, IN $396 $451 $555 $686 $727 10,743
Daviess County, IN $461 $464 $555 $722 $885 29,820
Cincinnati-Middleton, OH-KY-IN HUD Metro FMR Area Metro $473 $560 $726 $972 $1,009 46,109
Decatur County, IN $532 $535 $642 $832 $858 24,555
DeKalb County, IN $455 $487 $618 $850 $873 40,285
Muncie, IN MSA Metro $528 $540 $653 $880 $923 118,769
Dubois County, IN $371 $445 $571 $779 $802 39,674
Elkhart-Goshen, IN MSA Metro $511 $570 $704 $885 $927 182,791
Fayette County, IN $378 $468 $581 $769 $791 25,588
Fountain County, IN $408 $490 $555 $743 $776 17,954
Fulton County, IN $472 $490 $569 $803 $828 20,511
Gibson County, IN HUD Metro FMR Area Metro $465 $466 $558 $714 $982 32,500
Grant County, IN $483 $484 $585 $738 $861 73,403
Greene County, IN HUD Metro FMR Area Metro $431 $432 $555 $805 $833 33,157
Henry County, IN $502 $504 $604 $777 $869 48,508
Kokomo, IN MSA Metro $516 $522 $662 $844 $869 84,964
Huntington County, IN $432 $515 $609 $760 $920 38,075
Jackson County, IN $517 $518 $630 $810 $982 41,335
Jasper County, IN HUD Metro FMR Area Metro $541 $543 $674 $879 $906 30,043
Jay County, IN $360 $442 $555 $752 $776 21,806
Jefferson County, IN $411 $440 $580 $694 $859 31,705
Jennings County, IN $398 $470 $614 $744 $1,024 27,554
Knox County, IN $386 $440 $555 $687 $857 39,256
Kosciusko County, IN $419 $489 $642 $817 $951 74,057
LaGrange County, IN $509 $510 $612 $737 $819 34,909
Gary, IN HUD Metro FMR Area Metro $490 $611 $745 $890 $919 484,564
Michigan City-La Porte, IN MSA Metro $443 $511 $649 $862 $887 110,106
Lawrence County, IN $401 $474 $618 $739 $760 45,922
Anderson, IN MSA Metro $535 $536 $644 $828 $862 133,358
Marshall County, IN $437 $504 $626 $825 $851 45,128
Martin County, IN $396 $436 $555 $684 $799 10,369
Miami County, IN $360 $423 $555 $808 $871 36,082
Bloomington, IN HUD Metro FMR Area Metro $455 $527 $643 $914 $944 120,563
Montgomery County, IN $408 $480 $611 $832 $876 37,629
Noble County, IN $543 $544 $654 $782 $804 46,275
Orange County, IN $359 $421 $555 $698 $762 19,306
Owen County, IN HUD Metro FMR Area Metro $474 $476 $570 $722 $1,001 21,786
Parke County, IN $462 $464 $555 $699 $880 17,241
Perry County, IN $361 $422 $555 $720 $744 18,899
Pike County, IN $360 $426 $555 $718 $741 12,837
Evansville, IN-KY HUD Metro FMR Area Metro $415 $484 $602 $743 $807 27,061
Pulaski County, IN $477 $478 $575 $763 $788 13,755
Putnam County, IN HUD Metro FMR Area Metro $526 $528 $635 $759 $855 36,019
Randolph County, IN $461 $462 $555 $791 $816 27,401
Ripley County, IN $527 $529 $637 $767 $878 26,523
Rush County, IN $499 $500 $601 $720 $789 18,261
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $510 $568 $683 $876 $902 265,559
Scott County, IN $417 $467 $591 $764 $884 22,960
Spencer County, IN $360 $426 $555 $718 $741 20,391
Starke County, IN $479 $505 $578 $764 $803 23,556
Steuben County, IN $462 $527 $693 $836 $860 33,214
Sullivan County, IN HUD Metro FMR Area Metro $360 $422 $555 $664 $683 21,751
Switzerland County, IN $436 $473 $622 $779 $868 9,065
Union County, IN $391 $478 $603 $751 $775 7,349
Wabash County, IN $362 $422 $555 $759 $864 34,960
Warren County, IN $393 $483 $605 $744 $864 8,419
Washington County, IN HUD Metro FMR Area Metro $422 $472 $555 $683 $909 27,223
Wayne County, IN $395 $464 $582 $790 $814 71,097
White County, IN $419 $578 $642 $767 $1,084 25,267

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