Grant County, IN

2025 Fair Market Rents

Tags: 2025 Indiana

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The top four largest cities in Grant County are Elwood, Gas City, Fairmount, and Jonesboro. 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 Grant County use?

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

Grant County ($928) has a 10.9% lower FMR for 2-Bedroom housing than the average of Indiana ($1,042) and therefore has a lower gross rent.

Grant County is rank 62nd out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 61 other counties. Grant County is the 31st cheapest county in terms of FMRs.

Rent Tables Grant County, IN

Fair Market Rent (40th Percentile)

$654
studio
$742
1-Bedroom
$928
2-Bedroom
$1,206
3-Bedroom
$1,371
4-Bedroom

Median Rent (50th Percentile)

$691
studio
$784
1-Bedroom
$981
2-Bedroom
$1,275
3-Bedroom
$1,450
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
46036 $890 $1,040 $1,220 $1,590 $1,920
46928 $720 $790 $1,030 $1,330 $1,400
46036 $890 $1,040 $1,220 $1,590 $1,920
46919 $710 $740 $930 $1,180 $1,380
46928 $720 $790 $1,030 $1,330 $1,400
46036 $890 $1,040 $1,220 $1,590 $1,920
46919 $710 $740 $930 $1,180 $1,380
46928 $720 $790 $1,030 $1,330 $1,400
46930 $700 $790 $990 $1,290 $1,460
46933 $690 $780 $980 $1,270 $1,450
46938 $740 $840 $1,050 $1,360 $1,550
46940 $720 $780 $1,020 $1,240 $1,390
46957 $730 $830 $1,040 $1,350 $1,540
46986 $650 $740 $930 $1,210 $1,370
46987 $720 $820 $1,020 $1,330 $1,510
46991 $720 $820 $1,020 $1,330 $1,510
46940 $720 $780 $1,020 $1,240 $1,390
46991 $720 $820 $1,020 $1,330 $1,510
46919 $710 $740 $930 $1,180 $1,380
46036 $890 $1,040 $1,220 $1,590 $1,920
46919 $710 $740 $930 $1,180 $1,380
46940 $720 $780 $1,020 $1,240 $1,390
46991 $720 $820 $1,020 $1,330 $1,510
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46036 $801 $936 $1,098 $1,431 $1,728
46928 $648 $711 $927 $1,197 $1,260
46036 $801 $936 $1,098 $1,431 $1,728
46919 $639 $666 $837 $1,062 $1,242
46928 $648 $711 $927 $1,197 $1,260
46036 $801 $936 $1,098 $1,431 $1,728
46919 $639 $666 $837 $1,062 $1,242
46928 $648 $711 $927 $1,197 $1,260
46930 $630 $711 $891 $1,161 $1,314
46933 $621 $702 $882 $1,143 $1,305
46938 $666 $756 $945 $1,224 $1,395
46940 $648 $702 $918 $1,116 $1,251
46957 $657 $747 $936 $1,215 $1,386
46986 $585 $666 $837 $1,089 $1,233
46987 $648 $738 $918 $1,197 $1,359
46991 $648 $738 $918 $1,197 $1,359
46940 $648 $702 $918 $1,116 $1,251
46991 $648 $738 $918 $1,197 $1,359
46919 $639 $666 $837 $1,062 $1,242
46036 $801 $936 $1,098 $1,431 $1,728
46919 $639 $666 $837 $1,062 $1,242
46940 $648 $702 $918 $1,116 $1,251
46991 $648 $738 $918 $1,197 $1,359
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46036 $979 $1,144 $1,342 $1,749 $2,112
46928 $792 $869 $1,133 $1,463 $1,540
46036 $979 $1,144 $1,342 $1,749 $2,112
46919 $781 $814 $1,023 $1,298 $1,518
46928 $792 $869 $1,133 $1,463 $1,540
46036 $979 $1,144 $1,342 $1,749 $2,112
46919 $781 $814 $1,023 $1,298 $1,518
46928 $792 $869 $1,133 $1,463 $1,540
46930 $770 $869 $1,089 $1,419 $1,606
46933 $759 $858 $1,078 $1,397 $1,595
46938 $814 $924 $1,155 $1,496 $1,705
46940 $792 $858 $1,122 $1,364 $1,529
46957 $803 $913 $1,144 $1,485 $1,694
46986 $715 $814 $1,023 $1,331 $1,507
46987 $792 $902 $1,122 $1,463 $1,661
46991 $792 $902 $1,122 $1,463 $1,661
46940 $792 $858 $1,122 $1,364 $1,529
46991 $792 $902 $1,122 $1,463 $1,661
46919 $781 $814 $1,023 $1,298 $1,518
46036 $979 $1,144 $1,342 $1,749 $2,112
46919 $781 $814 $1,023 $1,298 $1,518
46940 $792 $858 $1,122 $1,364 $1,529
46991 $792 $902 $1,122 $1,463 $1,661

Fair Market Rents on this page apply to the following cities in Grant County, Indiana: Elwood, Gas City, Fairmount, Jonesboro, La Fontaine, Converse, Swayzee, Van Buren, Sweetser, Fowlerton, and Matthews.

These Fair Market Rents also apply to the following ZIP codes in Grant County, Indiana: 46036, 46933, 46928, 46938, 46940, 46919, 46986, 46991, 46987, 46930, and 46957.

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