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RentData.org Logo Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in :
$549 $620 $782 $1,027 $1,165
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
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
Change Year:
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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