Logo Terre Haute Fair Market Rent FY 2018 Terre Haute, IN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Terre Haute, IN :
$491 $607 $769 $1,011 $1,047
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Terre Haute are average compared to the national average. This FMR area is more expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Terre Haute is $769 per month.

The previous year, rent for a two-bedroom home was $758 per month. This is a 1.45% increase year-over-year.

This FMR rate applies to Harmony, IN, Knightsville, IN, Staunton, IN, Coalmont, IN, Lewis, IN, Cory, IN, Coal City, IN, Bowling Green, IN, Carbon, IN, Centerpoint, IN and other cities within the region. The Metro Code or CBSA code for this region is METRO45460M45460.

Additionally, This Fair Market Rent (FMR) area Terre Haute, IN HUD Metro FMR Area spans one county or city in Indiana which is listed in the table below. Estimated population of Terre Haute, IN HUD Metro FMR Area FMR area is 26,890 people based on latest Census data.

Compared to the rest of Indiana, the Terre Haute FMR area is more expensive than 66% of the state.

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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 Terre Haute. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Terre Haute

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 520
1-BR 1-Bedroom $ 643
2-BR 2-Bedroom $ 815
3-BR 3-Bedroom $ 1071
4-BR 4-Bedroom $ 1110
Change Year:

There is just one county (listed below) within the Terre Haute, IN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Indianapolis and Terre Haute.

County / Region Est. Population
Terre Haute, IN Metro 26,890
Zip Codes in Terre Haute, IN HUD Metro FMR Area

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

46171, 47427, 47438, 47802, 47833, 47834, 47837, 47840, 47841, 47845, 47846, 47853, 47857, 47858, 47868, 47874 and 47881

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