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RentData.org Logo Indiana Fair Market Rent for 2021 Accurate Rental Price Data

Average Fair Market Rent Prices in Indiana:
$548 $608 $775 $1,014 $1,150
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Indiana (14) has the 37th highest rent in the country out of 56 states and territories. The Fair Market Rent in Indiana ranges from $732 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 2021, the Indianapolis-Carmel, IN HUD Metro FMR Area (Boone County) rent for a studio or efficiency is $678 per month and $1,455 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 $775 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Indiana is around 3,938,135 people. So, there are around 590,720 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 $512 $560 $732 $1,048 $1,267 35,020
Fort Wayne, IN MSA Metro $526 $632 $784 $1,003 $1,108 367,745
Columbus, IN MSA Metro $760 $764 $901 $1,181 $1,331 81,025
Lafayette-West Lafayette, IN HUD Metro FMR Area Metro $653 $753 $872 $1,156 $1,452 8,685
Blackford County, IN $512 $611 $732 $948 $1,178 12,215
Indianapolis-Carmel, IN HUD Metro FMR Area Metro $678 $781 $946 $1,248 $1,455 63,015
Carroll County, IN HUD Metro FMR Area Metro $551 $555 $732 $910 $993 19,995
Cass County, IN $550 $582 $732 $960 $995 38,250
Louisville, KY-IN HUD Metro FMR Area Metro $649 $760 $918 $1,229 $1,408 114,895
Terre Haute, IN HUD Metro FMR Area Metro $546 $636 $795 $1,010 $1,229 26,375
Clinton County, IN $516 $593 $782 $990 $1,060 32,455
Crawford County, IN $512 $555 $732 $910 $993 10,600
Daviess County, IN $530 $575 $758 $956 $1,028 32,775
Cincinnati, OH-KY-IN HUD Metro FMR Area Metro $604 $698 $916 $1,244 $1,425 49,565
Decatur County, IN $598 $649 $855 $1,063 $1,159 26,480
DeKalb County, IN $527 $572 $754 $962 $1,022 42,525
Muncie, IN MSA Metro $562 $578 $742 $973 $1,103 115,940
Dubois County, IN $512 $566 $732 $991 $1,267 42,380
Elkhart-Goshen, IN MSA Metro $545 $640 $825 $1,047 $1,119 202,925
Fayette County, IN $522 $562 $733 $912 $1,052 23,425
Fountain County, IN $512 $566 $732 $910 $993 16,620
Franklin County, IN $499 $574 $756 $966 $1,068 22,835
Fulton County, IN $512 $626 $732 $910 $993 20,295
Gibson County, IN $607 $611 $732 $989 $993 33,595
Grant County, IN $574 $598 $732 $961 $1,099 67,615
Greene County, IN $504 $567 $732 $937 $1,129 32,430
Henry County, IN $490 $595 $742 $989 $1,006 48,650
Kokomo, IN MSA Metro $576 $579 $732 $1,019 $1,121 82,455
Huntington County, IN $498 $604 $732 $980 $1,036 36,520
Jackson County, IN $559 $614 $799 $994 $1,204 43,780
Jasper County, IN HUD Metro FMR Area Metro $680 $685 $890 $1,138 $1,317 33,450
Jay County, IN $512 $555 $732 $913 $993 21,105
Jefferson County, IN $609 $613 $767 $1,049 $1,150 32,295
Jennings County, IN $569 $572 $750 $1,039 $1,067 27,840
Knox County, IN $587 $591 $779 $992 $1,056 37,765
Kosciusko County, IN $569 $657 $794 $1,030 $1,083 78,720
LaGrange County, IN $512 $564 $732 $1,033 $1,176 38,720
Gary, IN HUD Metro FMR Area Metro $609 $749 $923 $1,148 $1,301 488,695
Michigan City-La Porte, IN MSA Metro $505 $602 $766 $1,015 $1,055 110,840
Lawrence County, IN $507 $584 $769 $956 $1,223 45,670
Anderson, IN HUD Metro FMR Area Metro $558 $619 $804 $1,038 $1,104 129,640
Marshall County, IN $512 $607 $732 $996 $1,267 46,750
Martin County, IN $512 $565 $732 $910 $1,267 10,220
Miami County, IN $512 $622 $732 $1,005 $1,206 36,035
Bloomington, IN HUD Metro FMR Area Metro $681 $748 $927 $1,274 $1,605 144,435
Montgomery County, IN $507 $584 $769 $1,015 $1,070 38,290
Noble County, IN $537 $605 $768 $993 $1,203 47,420
Orange County, IN $512 $563 $732 $999 $1,267 19,625
Owen County, IN HUD Metro FMR Area Metro $578 $581 $732 $1,041 $1,267 20,955
Parke County, IN $542 $588 $775 $964 $1,058 17,060
Perry County, IN $512 $555 $732 $1,004 $1,267 19,230
Pike County, IN $512 $630 $732 $1,015 $1,149 12,470
Evansville, IN-KY MSA Metro $597 $670 $845 $1,107 $1,222 25,600
Pulaski County, IN $512 $595 $732 $932 $1,128 12,760
Putnam County, IN HUD Metro FMR Area Metro $572 $590 $762 $1,091 $1,156 37,545
Randolph County, IN $512 $557 $732 $935 $1,115 25,205
Ripley County, IN $493 $576 $732 $979 $1,050 28,370
Rush County, IN $502 $560 $738 $918 $1,001 16,765
South Bend-Mishawaka, IN HUD Metro FMR Area Metro $616 $706 $851 $1,100 $1,154 268,615
Scott County, IN HUD Metro FMR Area Metro $600 $645 $850 $1,068 $1,153 23,720
Spencer County, IN $483 $555 $732 $969 $1,196 20,610
Starke County, IN $512 $562 $732 $975 $993 22,965
Steuben County, IN $594 $621 $819 $1,019 $1,111 34,460
Sullivan County, IN HUD Metro FMR Area Metro $545 $599 $789 $981 $1,366 20,900
Switzerland County, IN $483 $560 $732 $1,048 $1,116 10,615
Tipton County, IN $578 $646 $827 $1,029 $1,121 15,290
Union County, IN HUD Metro FMR Area Metro $495 $571 $747 $958 $1,057 7,225
Wabash County, IN $520 $565 $744 $925 $1,009 31,850
Warren County, IN $512 $555 $732 $1,048 $1,267 8,270
Washington County, IN HUD Metro FMR Area Metro $517 $555 $732 $1,039 $1,055 27,805
Wayne County, IN $483 $555 $732 $930 $1,039 66,970
White County, IN $526 $571 $752 $1,016 $1,020 24,280

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