Indiana Fair Market Rents

2025 Fair Market Rents

2025 FMRs in Indiana by county. Click on the map below to view FMRs for a particular county.

Indiana Map

Minimum FMR
Maximum FMR

FMRs vary across Indiana based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Indiana is $1,042.

The highest average FMR for a two-bedroom apartment in the United States is $2,314 in District of Columbia. The lowest for a two-bedroom apartment is $579 in Puerto Rico.

FMRs in Indiana are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for detailed information on how FMRs are calculated. Click on a specific county on the map or from the table below for detailed FMR information including Small Area FMRs.

How does Indiana compare?

The highest FMR for a two-bedroom apartment in Indiana is $1,330 in Clark County, Floyd County, and 1 others. The lowest FMR for a two-bedroom apartment is $928 in Adams County, Blackford County, and 29 others.

Indiana ($1,042) has a 17% lower FMR for 2-Bedroom housing than the average of the US ($1,255) and therefore has a lower gross rent.

Indiana is rank 37th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than 36 other States and territories. Indiana is the 20th cheapest State or territory in terms of FMRs.

Average FMRs for Indiana

37th
Rank
$764
Studio
$836
1-person
$1,042
2-person
$1,327
3-person
$1,510
4-person
Counties in Indiana (92)

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.