Daviess County, IN

2025 Fair Market Rents

Tags: 2025 Indiana

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The top four largest cities in Daviess County are Washington, Loogootee, Odon, and Montgomery. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Daviess County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Daviess County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Daviess County compare?

Daviess County ($955) has a 8.3% lower FMR for 2-Bedroom housing than the average of Indiana ($1,042) and therefore has a lower gross rent.

Daviess County is rank 50th out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 49 other counties. Daviess County is the 43rd cheapest county in terms of FMRs.

Rent Tables Daviess County, IN

Fair Market Rent (40th Percentile)

$733
studio
$738
1-Bedroom
$955
2-Bedroom
$1,165
3-Bedroom
$1,266
4-Bedroom

Median Rent (50th Percentile)

$777
studio
$783
1-Bedroom
$1,013
2-Bedroom
$1,236
3-Bedroom
$1,343
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47501 $740 $750 $970 $1,180 $1,290
47519 $960 $970 $1,250 $1,520 $1,660
47529 $710 $720 $930 $1,130 $1,230
47553 $670 $710 $930 $1,120 $1,250
47558 $770 $770 $1,000 $1,220 $1,330
47562 $710 $720 $930 $1,130 $1,230
47568 $710 $720 $930 $1,130 $1,230
47529 $710 $720 $930 $1,130 $1,230
47562 $710 $720 $930 $1,130 $1,230
47553 $670 $710 $930 $1,120 $1,250
47562 $710 $720 $930 $1,130 $1,230
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47501 $666 $675 $873 $1,062 $1,161
47519 $864 $873 $1,125 $1,368 $1,494
47529 $639 $648 $837 $1,017 $1,107
47553 $603 $639 $837 $1,008 $1,125
47558 $693 $693 $900 $1,098 $1,197
47562 $639 $648 $837 $1,017 $1,107
47568 $639 $648 $837 $1,017 $1,107
47529 $639 $648 $837 $1,017 $1,107
47562 $639 $648 $837 $1,017 $1,107
47553 $603 $639 $837 $1,008 $1,125
47562 $639 $648 $837 $1,017 $1,107
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47501 $814 $825 $1,067 $1,298 $1,419
47519 $1,056 $1,067 $1,375 $1,672 $1,826
47529 $781 $792 $1,023 $1,243 $1,353
47553 $737 $781 $1,023 $1,232 $1,375
47558 $847 $847 $1,100 $1,342 $1,463
47562 $781 $792 $1,023 $1,243 $1,353
47568 $781 $792 $1,023 $1,243 $1,353
47529 $781 $792 $1,023 $1,243 $1,353
47562 $781 $792 $1,023 $1,243 $1,353
47553 $737 $781 $1,023 $1,232 $1,375
47562 $781 $792 $1,023 $1,243 $1,353

Fair Market Rents on this page apply to the following cities in Daviess County, Indiana: Washington, Loogootee, Odon, Montgomery, Elnora, Plainville, and Cannelburg.

These Fair Market Rents also apply to the following ZIP codes in Daviess County, Indiana: 47501, 47553, 47562, 47558, 47529, 47568, and 47519.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.