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)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Clark County 1st $1,003 $1,094 $1,330 $1,714 $1,989
Floyd County 1st $1,003 $1,094 $1,330 $1,714 $1,989
Harrison County 1st $1,003 $1,094 $1,330 $1,714 $1,989
Dearborn County 4th $883 $993 $1,287 $1,707 $1,885
Ohio County 4th $883 $993 $1,287 $1,707 $1,885
Boone County 6th $955 $1,097 $1,283 $1,669 $2,028
Brown County 6th $955 $1,097 $1,283 $1,669 $2,028
Hamilton County 6th $955 $1,097 $1,283 $1,669 $2,028
Hancock County 6th $955 $1,097 $1,283 $1,669 $2,028
Hendricks County 6th $955 $1,097 $1,283 $1,669 $2,028
Johnson County 6th $955 $1,097 $1,283 $1,669 $2,028
Marion County 6th $955 $1,097 $1,283 $1,669 $2,028
Morgan County 6th $955 $1,097 $1,283 $1,669 $2,028
Shelby County 6th $955 $1,097 $1,283 $1,669 $2,028
Bartholomew County 15th $1,103 $1,145 $1,268 $1,537 $1,776
Monroe County 16th $958 $1,080 $1,223 $1,618 $1,926
Allen County 17th $943 $991 $1,199 $1,512 $1,632
Whitley County 17th $943 $991 $1,199 $1,512 $1,632
Lake County 19th $860 $985 $1,197 $1,475 $1,587
Newton County 19th $860 $985 $1,197 $1,475 $1,587
Porter County 19th $860 $985 $1,197 $1,475 $1,587
Benton County 22nd $831 $971 $1,161 $1,399 $1,750
Tippecanoe County 22nd $831 $971 $1,161 $1,399 $1,750
Jasper County 24th $878 $883 $1,159 $1,517 $1,537
St. Joseph County 25th $751 $936 $1,095 $1,350 $1,452
Kosciusko County 26th $866 $871 $1,076 $1,324 $1,510
Decatur County 27th $746 $809 $1,061 $1,278 $1,407
Elkhart County 28th $853 $869 $1,055 $1,374 $1,399
Madison County 29th $759 $803 $1,054 $1,379 $1,397
Posey County 29th $780 $821 $1,054 $1,300 $1,473
Vanderburgh County 29th $780 $821 $1,054 $1,300 $1,473
Warrick County 29th $780 $821 $1,054 $1,300 $1,473
Jackson County 33rd $797 $803 $1,053 $1,269 $1,396
Franklin County 34th $727 $802 $1,052 $1,389 $1,395
Putnam County 35th $745 $816 $1,049 $1,397 $1,636
LaPorte County 36th $711 $857 $1,036 $1,311 $1,515
Union County 37th $709 $782 $1,026 $1,344 $1,641
Howard County 38th $807 $812 $1,019 $1,283 $1,433
Scott County 39th $693 $770 $1,010 $1,331 $1,339
Steuben County 40th $764 $769 $1,009 $1,268 $1,338
Washington County 41st $755 $759 $996 $1,200 $1,321
Clay County 42nd $783 $788 $995 $1,199 $1,393
Vermillion County 42nd $783 $788 $995 $1,199 $1,393
Vigo County 42nd $783 $788 $995 $1,199 $1,393
Parke County 45th $751 $756 $992 $1,310 $1,315
Clinton County 46th $675 $778 $985 $1,266 $1,307
White County 46th $692 $751 $985 $1,187 $1,306
Delaware County 48th $736 $802 $982 $1,289 $1,492
Gibson County 49th $760 $764 $973 $1,218 $1,290
Daviess County 50th $733 $738 $955 $1,165 $1,266
Owen County 51st $722 $727 $954 $1,185 $1,583
Noble County 52nd $654 $726 $952 $1,150 $1,599
Tipton County 52nd $669 $726 $952 $1,147 $1,293
Marshall County 54th $668 $781 $950 $1,187 $1,260
LaGrange County 55th $716 $720 $945 $1,184 $1,253
Ripley County 56th $677 $720 $944 $1,323 $1,335
Sullivan County 57th $645 $717 $941 $1,134 $1,460
Wells County 58th $661 $717 $940 $1,133 $1,339
Montgomery County 59th $660 $758 $939 $1,250 $1,338
Wayne County 60th $710 $715 $938 $1,157 $1,244
Jefferson County 61st $638 $798 $931 $1,170 $1,563
Adams County 62nd $772 $776 $928 $1,186 $1,230
Blackford County 62nd $652 $785 $928 $1,176 $1,462
Carroll County 62nd $696 $709 $928 $1,191 $1,230
Cass County 62nd $770 $775 $928 $1,226 $1,230
Crawford County 62nd $652 $838 $928 $1,300 $1,448
DeKalb County 62nd $652 $707 $928 $1,163 $1,230
Dubois County 62nd $652 $707 $928 $1,300 $1,558
Fayette County 62nd $636 $708 $928 $1,155 $1,230
Fountain County 62nd $652 $707 $928 $1,134 $1,558
Fulton County 62nd $652 $707 $928 $1,118 $1,230
Grant County 62nd $654 $742 $928 $1,206 $1,371
Greene County 62nd $703 $707 $928 $1,206 $1,352
Henry County 62nd $729 $733 $928 $1,128 $1,248
Huntington County 62nd $652 $720 $928 $1,202 $1,501
Jay County 62nd $657 $708 $928 $1,215 $1,230
Jennings County 62nd $678 $707 $928 $1,300 $1,538
Knox County 62nd $652 $707 $928 $1,145 $1,230
Lawrence County 62nd $652 $707 $928 $1,123 $1,462
Martin County 62nd $652 $707 $928 $1,118 $1,260
Miami County 62nd $652 $740 $928 $1,139 $1,395
Orange County 62nd $652 $707 $928 $1,300 $1,500
Perry County 62nd $681 $707 $928 $1,170 $1,558
Pike County 62nd $652 $775 $928 $1,256 $1,260
Pulaski County 62nd $652 $838 $928 $1,289 $1,558
Randolph County 62nd $683 $730 $928 $1,226 $1,230
Rush County 62nd $652 $755 $928 $1,121 $1,230
Spencer County 62nd $636 $707 $928 $1,300 $1,444
Starke County 62nd $652 $707 $928 $1,118 $1,432
Switzerland County 62nd $652 $707 $928 $1,248 $1,252
Wabash County 62nd $652 $707 $928 $1,118 $1,230
Warren County 62nd $664 $824 $928 $1,300 $1,475

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Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.