Franklin County, IN

2025 Fair Market Rents

Tags: 2025 Franklin County, IN HUD Metro FMR Area

Return to the state page to see where Indiana ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Franklin County are Batesville, Liberty, Metamora, and Oldenburg. 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 Franklin County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Franklin 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 Franklin County compare?

Franklin County ($1,052) has a 1% higher FMR for 2-Bedroom housing than the average of Indiana ($1,042) and therefore a higher gross rent.

Franklin County is rank 34th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 58 other counties. Franklin County is the 34th most expensive county in terms of FMRs.

Rent Tables Franklin County, IN

Fair Market Rent (40th Percentile)

$727
studio
$802
1-Bedroom
$1,052
2-Bedroom
$1,389
3-Bedroom
$1,395
4-Bedroom

Median Rent (50th Percentile)

$761
studio
$840
1-Bedroom
$1,102
2-Bedroom
$1,456
3-Bedroom
$1,461
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
47003 $640 $710 $930 $1,220 $1,480
47006 $720 $780 $1,020 $1,400 $1,410
47010 $710 $790 $1,040 $1,360 $1,510
47016 $790 $870 $1,140 $1,510 $1,510
47030 $780 $860 $1,130 $1,500 $1,510
47035 $820 $910 $1,180 $1,570 $1,670
47036 $830 $910 $1,200 $1,580 $1,590
47353 $730 $800 $1,050 $1,380 $1,680
47003 $640 $710 $930 $1,220 $1,480
47010 $710 $790 $1,040 $1,360 $1,510
47353 $730 $800 $1,050 $1,380 $1,680
47006 $720 $780 $1,020 $1,400 $1,410
47006 $720 $780 $1,020 $1,400 $1,410
47353 $730 $800 $1,050 $1,380 $1,680
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47003 $576 $639 $837 $1,098 $1,332
47006 $648 $702 $918 $1,260 $1,269
47010 $639 $711 $936 $1,224 $1,359
47016 $711 $783 $1,026 $1,359 $1,359
47030 $702 $774 $1,017 $1,350 $1,359
47035 $738 $819 $1,062 $1,413 $1,503
47036 $747 $819 $1,080 $1,422 $1,431
47353 $657 $720 $945 $1,242 $1,512
47003 $576 $639 $837 $1,098 $1,332
47010 $639 $711 $936 $1,224 $1,359
47353 $657 $720 $945 $1,242 $1,512
47006 $648 $702 $918 $1,260 $1,269
47006 $648 $702 $918 $1,260 $1,269
47353 $657 $720 $945 $1,242 $1,512
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47003 $704 $781 $1,023 $1,342 $1,628
47006 $792 $858 $1,122 $1,540 $1,551
47010 $781 $869 $1,144 $1,496 $1,661
47016 $869 $957 $1,254 $1,661 $1,661
47030 $858 $946 $1,243 $1,650 $1,661
47035 $902 $1,001 $1,298 $1,727 $1,837
47036 $913 $1,001 $1,320 $1,738 $1,749
47353 $803 $880 $1,155 $1,518 $1,848
47003 $704 $781 $1,023 $1,342 $1,628
47010 $781 $869 $1,144 $1,496 $1,661
47353 $803 $880 $1,155 $1,518 $1,848
47006 $792 $858 $1,122 $1,540 $1,551
47006 $792 $858 $1,122 $1,540 $1,551
47353 $803 $880 $1,155 $1,518 $1,848

Fair Market Rents on this page apply to the following cities in Franklin County, Indiana: Batesville, Liberty, Metamora, Oldenburg, West College Corner, Cedar Grove, Bath, and New Trenton.

These Fair Market Rents also apply to the following ZIP codes in Franklin County, Indiana: 47006, 47353, 47030, 47036, 47003, 47016, 47010, and 47035.

Franklin County, IN is considered part of the following metro FMR area: FRANKLIN COUNTY, IN HUD METRO FMR AREA.

More on Franklin County, IN

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