Knox County, IN

2025 Fair Market Rents

Tags: 2025 Indiana

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The top four largest cities in Knox County are Vincennes, Bicknell, Carlisle, and Oaktown. 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 Knox County use?

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

Knox 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.

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

Rent Tables Knox County, IN

Fair Market Rent (40th Percentile)

$652
studio
$707
1-Bedroom
$928
2-Bedroom
$1,145
3-Bedroom
$1,230
4-Bedroom

Median Rent (50th Percentile)

$673
studio
$730
1-Bedroom
$958
2-Bedroom
$1,182
3-Bedroom
$1,270
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
47528 $650 $710 $930 $1,150 $1,230
47561 $650 $710 $930 $1,140 $1,230
47838 $640 $710 $930 $1,120 $1,440
47838 $640 $710 $930 $1,120 $1,440
47512 $650 $710 $930 $1,140 $1,230
47516 $650 $710 $930 $1,140 $1,230
47524 $690 $730 $940 $1,170 $1,250
47528 $650 $710 $930 $1,150 $1,230
47535 $650 $710 $930 $1,150 $1,230
47557 $820 $890 $1,170 $1,440 $1,550
47561 $650 $710 $930 $1,140 $1,230
47573 $650 $710 $930 $1,140 $1,230
47591 $670 $720 $950 $1,170 $1,260
47596 $650 $710 $930 $1,150 $1,230
47597 $650 $710 $930 $1,140 $1,230
47838 $640 $710 $930 $1,120 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47528 $585 $639 $837 $1,035 $1,107
47561 $585 $639 $837 $1,026 $1,107
47838 $576 $639 $837 $1,008 $1,296
47838 $576 $639 $837 $1,008 $1,296
47512 $585 $639 $837 $1,026 $1,107
47516 $585 $639 $837 $1,026 $1,107
47524 $621 $657 $846 $1,053 $1,125
47528 $585 $639 $837 $1,035 $1,107
47535 $585 $639 $837 $1,035 $1,107
47557 $738 $801 $1,053 $1,296 $1,395
47561 $585 $639 $837 $1,026 $1,107
47573 $585 $639 $837 $1,026 $1,107
47591 $603 $648 $855 $1,053 $1,134
47596 $585 $639 $837 $1,035 $1,107
47597 $585 $639 $837 $1,026 $1,107
47838 $576 $639 $837 $1,008 $1,296
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47528 $715 $781 $1,023 $1,265 $1,353
47561 $715 $781 $1,023 $1,254 $1,353
47838 $704 $781 $1,023 $1,232 $1,584
47838 $704 $781 $1,023 $1,232 $1,584
47512 $715 $781 $1,023 $1,254 $1,353
47516 $715 $781 $1,023 $1,254 $1,353
47524 $759 $803 $1,034 $1,287 $1,375
47528 $715 $781 $1,023 $1,265 $1,353
47535 $715 $781 $1,023 $1,265 $1,353
47557 $902 $979 $1,287 $1,584 $1,705
47561 $715 $781 $1,023 $1,254 $1,353
47573 $715 $781 $1,023 $1,254 $1,353
47591 $737 $792 $1,045 $1,287 $1,386
47596 $715 $781 $1,023 $1,265 $1,353
47597 $715 $781 $1,023 $1,254 $1,353
47838 $704 $781 $1,023 $1,232 $1,584

Fair Market Rents on this page apply to the following cities in Knox County, Indiana: Vincennes, Bicknell, Carlisle, Oaktown, Monroe City, Bruceville, Wheatland, Edwardsport, Decker, Freelandville, Ragsdale, and Westphalia.

These Fair Market Rents also apply to the following ZIP codes in Knox County, Indiana: 47591, 47512, 47838, 47561, 47557, 47516, 47597, 47528, 47524, 47535, 47573, and 47596.

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