Lake County, IN

2025 Fair Market Rents

Tags: 2025 SAFMRS Gary, 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 Lake County are Crown Point, Valparaiso, Merrillville, and Hobart. 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 Lake County use?

Lake County is determined by the HUD to use Small Area Fair Market Rents. 40th percentile FMRs still exist for this county but they are not 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 Lake County compare?

Lake County ($1,197) has a 14.9% higher FMR for 2-Bedroom housing than the average of Indiana ($1,042) and therefore a higher gross rent.

Lake County is rank 19th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 73 other counties. Lake County is the 19th most expensive county in terms of FMRs.

Rent Tables Lake County, IN

Fair Market Rent (40th Percentile)

$860
studio
$985
1-Bedroom
$1,197
2-Bedroom
$1,475
3-Bedroom
$1,587
4-Bedroom

Median Rent (50th Percentile)

$925
studio
$1,059
1-Bedroom
$1,287
2-Bedroom
$1,586
3-Bedroom
$1,706
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
46303 $910 $1,050 $1,270 $1,570 $1,680
46307 $990 $1,140 $1,380 $1,700 $1,830
46308 $850 $980 $1,190 $1,470 $1,580
46311 $1,010 $1,190 $1,450 $1,790 $1,940
46312 $670 $770 $930 $1,150 $1,230
46319 $860 $990 $1,200 $1,480 $1,590
46320 $720 $820 $1,000 $1,230 $1,330
46321 $1,040 $1,190 $1,450 $1,790 $1,920
46322 $1,000 $1,140 $1,390 $1,710 $1,840
46323 $940 $1,080 $1,310 $1,610 $1,740
46324 $890 $1,020 $1,240 $1,530 $1,640
46327 $840 $960 $1,170 $1,440 $1,550
46342 $880 $1,000 $1,220 $1,500 $1,620
46355 $850 $980 $1,190 $1,470 $1,580
46356 $1,000 $1,140 $1,390 $1,710 $1,840
46373 $760 $880 $1,070 $1,310 $1,420
46375 $980 $1,120 $1,360 $1,680 $1,800
46376 $790 $910 $1,100 $1,360 $1,460
46377 $1,000 $1,140 $1,390 $1,710 $1,840
46383 $900 $1,030 $1,250 $1,540 $1,660
46394 $760 $870 $1,060 $1,310 $1,410
46401 $850 $980 $1,190 $1,470 $1,580
46402 $700 $810 $980 $1,210 $1,300
46403 $750 $860 $1,050 $1,290 $1,390
46404 $800 $920 $1,120 $1,380 $1,480
46405 $890 $1,020 $1,240 $1,530 $1,640
46406 $780 $890 $1,080 $1,330 $1,430
46407 $710 $810 $990 $1,220 $1,310
46408 $790 $910 $1,100 $1,360 $1,460
46409 $930 $1,060 $1,290 $1,590 $1,710
46410 $1,030 $1,190 $1,440 $1,770 $1,910
46411 $850 $980 $1,190 $1,470 $1,580
46383 $900 $1,030 $1,250 $1,540 $1,660
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46303 $819 $945 $1,143 $1,413 $1,512
46307 $891 $1,026 $1,242 $1,530 $1,647
46308 $765 $882 $1,071 $1,323 $1,422
46311 $909 $1,071 $1,305 $1,611 $1,746
46312 $603 $693 $837 $1,035 $1,107
46319 $774 $891 $1,080 $1,332 $1,431
46320 $648 $738 $900 $1,107 $1,197
46321 $936 $1,071 $1,305 $1,611 $1,728
46322 $900 $1,026 $1,251 $1,539 $1,656
46323 $846 $972 $1,179 $1,449 $1,566
46324 $801 $918 $1,116 $1,377 $1,476
46327 $756 $864 $1,053 $1,296 $1,395
46342 $792 $900 $1,098 $1,350 $1,458
46355 $765 $882 $1,071 $1,323 $1,422
46356 $900 $1,026 $1,251 $1,539 $1,656
46373 $684 $792 $963 $1,179 $1,278
46375 $882 $1,008 $1,224 $1,512 $1,620
46376 $711 $819 $990 $1,224 $1,314
46377 $900 $1,026 $1,251 $1,539 $1,656
46383 $810 $927 $1,125 $1,386 $1,494
46394 $684 $783 $954 $1,179 $1,269
46401 $765 $882 $1,071 $1,323 $1,422
46402 $630 $729 $882 $1,089 $1,170
46403 $675 $774 $945 $1,161 $1,251
46404 $720 $828 $1,008 $1,242 $1,332
46405 $801 $918 $1,116 $1,377 $1,476
46406 $702 $801 $972 $1,197 $1,287
46407 $639 $729 $891 $1,098 $1,179
46408 $711 $819 $990 $1,224 $1,314
46409 $837 $954 $1,161 $1,431 $1,539
46410 $927 $1,071 $1,296 $1,593 $1,719
46411 $765 $882 $1,071 $1,323 $1,422
46383 $810 $927 $1,125 $1,386 $1,494
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46303 $1,001 $1,155 $1,397 $1,727 $1,848
46307 $1,089 $1,254 $1,518 $1,870 $2,013
46308 $935 $1,078 $1,309 $1,617 $1,738
46311 $1,111 $1,309 $1,595 $1,969 $2,134
46312 $737 $847 $1,023 $1,265 $1,353
46319 $946 $1,089 $1,320 $1,628 $1,749
46320 $792 $902 $1,100 $1,353 $1,463
46321 $1,144 $1,309 $1,595 $1,969 $2,112
46322 $1,100 $1,254 $1,529 $1,881 $2,024
46323 $1,034 $1,188 $1,441 $1,771 $1,914
46324 $979 $1,122 $1,364 $1,683 $1,804
46327 $924 $1,056 $1,287 $1,584 $1,705
46342 $968 $1,100 $1,342 $1,650 $1,782
46355 $935 $1,078 $1,309 $1,617 $1,738
46356 $1,100 $1,254 $1,529 $1,881 $2,024
46373 $836 $968 $1,177 $1,441 $1,562
46375 $1,078 $1,232 $1,496 $1,848 $1,980
46376 $869 $1,001 $1,210 $1,496 $1,606
46377 $1,100 $1,254 $1,529 $1,881 $2,024
46383 $990 $1,133 $1,375 $1,694 $1,826
46394 $836 $957 $1,166 $1,441 $1,551
46401 $935 $1,078 $1,309 $1,617 $1,738
46402 $770 $891 $1,078 $1,331 $1,430
46403 $825 $946 $1,155 $1,419 $1,529
46404 $880 $1,012 $1,232 $1,518 $1,628
46405 $979 $1,122 $1,364 $1,683 $1,804
46406 $858 $979 $1,188 $1,463 $1,573
46407 $781 $891 $1,089 $1,342 $1,441
46408 $869 $1,001 $1,210 $1,496 $1,606
46409 $1,023 $1,166 $1,419 $1,749 $1,881
46410 $1,133 $1,309 $1,584 $1,947 $2,101
46411 $935 $1,078 $1,309 $1,617 $1,738
46383 $990 $1,133 $1,375 $1,694 $1,826

Fair Market Rents on this page apply to the following cities in Lake County, Indiana: Crown Point, Valparaiso, Merrillville, Hobart, Highland, Schererville, Munster, East Chicago, Dyer, Hammond, Griffith, Lowell, Saint John, Gary, Cedar Lake, Whiting, Lake Station, Shelby, Schneider, and Leroy.

These Fair Market Rents also apply to the following ZIP codes in Lake County, Indiana: 46307, 46383, 46410, 46342, 46322, 46375, 46321, 46312, 46311, 46323, 46324, 46319, 46356, 46373, 46408, 46404, 46303, 46394, 46320, and 46405.

Lake County, IN is considered part of the following metro FMR area: GARY, IN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Newton County, IN, and Porter County, IN.

More on Lake County, IN

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Data Source

HUD Seal

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