Jay County, IN

2025 Fair Market Rents

Tags: 2025 Indiana

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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 Jay County are Portland, Union City, Redkey, and Ridgeville. 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 Jay County use?

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

Jay 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.

Jay 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. Jay County is the 31st cheapest county in terms of FMRs.

Rent Tables Jay County, IN

Fair Market Rent (40th Percentile)

$657
studio
$708
1-Bedroom
$928
2-Bedroom
$1,215
3-Bedroom
$1,230
4-Bedroom

Median Rent (50th Percentile)

$661
studio
$713
1-Bedroom
$934
2-Bedroom
$1,223
3-Bedroom
$1,238
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
47371 $660 $710 $930 $1,220 $1,230
47373 $660 $710 $930 $1,220 $1,230
47380 $680 $730 $930 $1,230 $1,230
47381 $660 $710 $930 $1,220 $1,230
47390 $680 $730 $930 $1,230 $1,230
47373 $660 $710 $930 $1,220 $1,230
47380 $680 $730 $930 $1,230 $1,230
47390 $680 $730 $930 $1,230 $1,230
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47371 $594 $639 $837 $1,098 $1,107
47373 $594 $639 $837 $1,098 $1,107
47380 $612 $657 $837 $1,107 $1,107
47381 $594 $639 $837 $1,098 $1,107
47390 $612 $657 $837 $1,107 $1,107
47373 $594 $639 $837 $1,098 $1,107
47380 $612 $657 $837 $1,107 $1,107
47390 $612 $657 $837 $1,107 $1,107
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47371 $726 $781 $1,023 $1,342 $1,353
47373 $726 $781 $1,023 $1,342 $1,353
47380 $748 $803 $1,023 $1,353 $1,353
47381 $726 $781 $1,023 $1,342 $1,353
47390 $748 $803 $1,023 $1,353 $1,353
47373 $726 $781 $1,023 $1,342 $1,353
47380 $748 $803 $1,023 $1,353 $1,353
47390 $748 $803 $1,023 $1,353 $1,353

Fair Market Rents on this page apply to the following cities in Jay County, Indiana: Portland, Union City, Redkey, Ridgeville, and Salamonia.

These Fair Market Rents also apply to the following ZIP codes in Jay County, Indiana: 47371, 47390, 47373, 47380, and 47381.

More on Jay County, IN

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Data Source

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