2020 Fair Market Rent in

Average Fair Market Rent Prices in :

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$549	$620	$782	$1,027	$1,165
0-BR	1-BR	2-BR	3-BR	4-BR

(IN) has the 39th highest rent in the country out of 56 states and territories. The Fair Market Rent in ranges from $714 for a 2-bedroom apartment in Adams County, IN to $946 for a 2-bedroom unit in Indianapolis-Carmel, IN HUD Metro FMR Area.

For FY 2020, the Indianapolis-Carmel, IN HUD Metro FMR Area (Boone County) rent for a studio or efficiency is $674 per month and $1,439 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in is $782 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in is around 6,614,425 people. So, there are around 992,164 people in 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 . Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in

County	0 BR	1 BR	2 BR	3 BR	4 BR	Est. Population
Adams County	$500	$588	$714	$1,030	$1,254	35,020
Allen County Metro	$511	$611	$767	$988	$1,084	367,745
Bartholomew County Metro	$724	$728	$876	$1,136	$1,216	81,025
Benton County Metro	$620	$721	$837	$1,127	$1,438	8,685
Blackford County	$500	$578	$714	$952	$1,092	12,215
Boone County Metro	$674	$778	$946	$1,256	$1,439	63,015
Brown County Metro	$674	$778	$946	$1,256	$1,439	15,005
Carroll County Metro	$532	$542	$714	$890	$967	19,995
Cass County	$505	$546	$714	$914	$1,002	38,250
Clark County Metro	$614	$713	$872	$1,174	$1,331	114,895
Clay County Metro	$513	$625	$788	$1,008	$1,183	26,375
Clinton County	$498	$585	$765	$988	$1,036	32,455
Crawford County	$500	$542	$714	$909	$967	10,600
Daviess County	$519	$563	$741	$948	$1,004	32,775
Dearborn County Metro	$568	$658	$865	$1,185	$1,362	49,565
Decatur County	$580	$631	$828	$1,048	$1,122	26,480
DeKalb County	$531	$585	$758	$998	$1,027	42,525
Delaware County Metro	$567	$573	$747	$965	$1,151	115,940
Dubois County	$500	$558	$714	$988	$1,254	42,380
Elkhart County Metro	$532	$630	$817	$1,029	$1,129	202,925
Fayette County	$501	$562	$715	$891	$1,045	23,425
Floyd County Metro	$614	$713	$872	$1,174	$1,331	76,480
Fountain County	$514	$557	$734	$915	$994	16,620
Franklin County	$469	$547	$720	$913	$1,031	22,835
Fulton County	$501	$627	$715	$891	$969	20,295
Gibson County	$597	$600	$714	$934	$967	33,595
Grant County	$544	$584	$714	$958	$1,056	67,615
Greene County	$491	$585	$714	$890	$1,254	32,430
Hamilton County Metro	$674	$778	$946	$1,256	$1,439	309,685
Hancock County Metro	$674	$778	$946	$1,256	$1,439	72,775
Harrison County Metro	$614	$713	$872	$1,174	$1,331	39,450
Hendricks County Metro	$674	$778	$946	$1,256	$1,439	158,170
Henry County	$502	$580	$717	$958	$1,009	48,650
Howard County Metro	$569	$573	$730	$1,025	$1,108	82,455
Huntington County	$495	$582	$714	$967	$991	36,520
Jackson County	$532	$594	$759	$974	$1,211	43,780
Jasper County Metro	$665	$669	$868	$1,117	$1,459	33,450
Jay County	$500	$542	$714	$906	$967	21,105
Jefferson County	$597	$601	$754	$1,029	$1,101	32,295
Jennings County	$516	$559	$736	$993	$997	27,840
Johnson County Metro	$674	$778	$946	$1,256	$1,439	149,360
Knox County	$578	$582	$766	$1,022	$1,038	37,765
Kosciusko County	$553	$630	$763	$995	$1,043	78,720
LaGrange County	$500	$571	$714	$1,009	$1,217	38,720
Lake County Metro	$597	$746	$917	$1,143	$1,292	488,695
LaPorte County Metro	$511	$607	$784	$1,018	$1,062	110,840
Lawrence County	$506	$570	$751	$936	$1,243	45,670
Madison County Metro	$543	$624	$806	$1,050	$1,144	129,640
Marion County Metro	$674	$778	$946	$1,256	$1,439	939,965
Marshall County	$500	$580	$714	$955	$1,163	46,750
Martin County	$500	$574	$714	$939	$1,254	10,220
Miami County	$500	$627	$714	$999	$1,238	36,035
Monroe County Metro	$646	$689	$879	$1,175	$1,543	144,435
Montgomery County	$501	$575	$757	$975	$1,025	38,290
Morgan County Metro	$674	$778	$946	$1,256	$1,439	69,535
Newton County Metro	$597	$746	$917	$1,143	$1,292	14,055
Noble County	$500	$589	$714	$946	$1,152	47,420
Ohio County Metro	$568	$658	$865	$1,185	$1,362	5,910
Orange County	$500	$560	$714	$966	$1,210	19,625
Owen County Metro	$566	$569	$714	$985	$1,254	20,955
Parke County	$525	$569	$750	$935	$1,069	17,060
Perry County	$500	$542	$714	$972	$979	19,230
Pike County	$465	$551	$714	$905	$1,117	12,470
Porter County Metro	$597	$746	$917	$1,143	$1,292	167,390
Posey County Metro	$565	$624	$793	$1,035	$1,097	25,600
Pulaski County	$500	$566	$714	$934	$1,079	12,760
Putnam County Metro	$570	$581	$754	$1,088	$1,101	37,545
Randolph County	$500	$558	$714	$922	$1,145	25,205
Ripley County	$471	$575	$714	$938	$1,017	28,370
Rush County	$500	$542	$714	$890	$994	16,765
St. Joseph County Metro	$598	$687	$840	$1,082	$1,138	268,615
Scott County Metro	$564	$607	$799	$1,025	$1,134	23,720
Shelby County Metro	$674	$778	$946	$1,256	$1,439	44,340
Spencer County	$465	$548	$714	$972	$1,121	20,610
Starke County	$500	$548	$714	$958	$967	22,965
Steuben County	$579	$599	$789	$999	$1,129	34,460
Sullivan County Metro	$521	$601	$791	$986	$1,318	20,900
Switzerland County	$469	$543	$714	$998	$1,002	10,615
Tippecanoe County Metro	$620	$721	$837	$1,127	$1,438	186,080
Tipton County	$567	$649	$810	$1,009	$1,097	15,290
Union County Metro	$471	$542	$714	$894	$1,006	7,225
Vanderburgh County Metro	$565	$624	$793	$1,035	$1,097	181,830
Vermillion County Metro	$513	$625	$788	$1,008	$1,183	15,645
Vigo County Metro	$513	$625	$788	$1,008	$1,183	107,725
Wabash County	$504	$550	$720	$897	$975	31,850
Warren County	$516	$559	$736	$1,028	$1,181	8,270
Warrick County Metro	$565	$624	$793	$1,035	$1,097	61,580
Washington County Metro	$504	$542	$714	$997	$1,091	27,805
Wayne County	$476	$550	$725	$933	$1,010	66,970
Wells County Metro	$511	$611	$767	$988	$1,084	27,830
White County	$514	$557	$733	$1,032	$1,049	24,280
Whitley County Metro	$511	$611	$767	$988	$1,084	33,480

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Fair Market Rent for 2020 Accurate Rental Price Data