Porter County, IN

2025 Fair Market Rents

Tags: 2025 SAFMRS Gary, IN HUD Metro FMR Area

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The top four largest cities in Porter County are Valparaiso, Portage, Chesterton, and Kouts. 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 Porter County use?

Porter 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 Porter County compare?

Porter 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.

Porter 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. Porter County is the 19th most expensive county in terms of FMRs.

Rent Tables Porter 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
46301 $790 $930 $1,130 $1,410 $1,590
46302 $850 $980 $1,190 $1,470 $1,580
46304 $940 $1,080 $1,310 $1,610 $1,740
46347 $800 $920 $1,130 $1,380 $1,510
46368 $870 $1,000 $1,210 $1,490 $1,600
46384 $880 $1,010 $1,230 $1,520 $1,630
46385 $960 $1,100 $1,340 $1,650 $1,780
46393 $910 $1,040 $1,260 $1,550 $1,680
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46301 $711 $837 $1,017 $1,269 $1,431
46302 $765 $882 $1,071 $1,323 $1,422
46304 $846 $972 $1,179 $1,449 $1,566
46347 $720 $828 $1,017 $1,242 $1,359
46368 $783 $900 $1,089 $1,341 $1,440
46384 $792 $909 $1,107 $1,368 $1,467
46385 $864 $990 $1,206 $1,485 $1,602
46393 $819 $936 $1,134 $1,395 $1,512
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46301 $869 $1,023 $1,243 $1,551 $1,749
46302 $935 $1,078 $1,309 $1,617 $1,738
46304 $1,034 $1,188 $1,441 $1,771 $1,914
46347 $880 $1,012 $1,243 $1,518 $1,661
46368 $957 $1,100 $1,331 $1,639 $1,760
46384 $968 $1,111 $1,353 $1,672 $1,793
46385 $1,056 $1,210 $1,474 $1,815 $1,958
46393 $1,001 $1,144 $1,386 $1,705 $1,848

Fair Market Rents on this page apply to the following cities in Porter County, Indiana: Valparaiso, Portage, Chesterton, Kouts, Beverly Shores, Boone Grove, and Wheeler.

These Fair Market Rents also apply to the following ZIP codes in Porter County, Indiana: 46385, 46368, 46304, 46347, 46301, 46384, 46302, and 46393.

Porter 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: Lake County, IN, and Newton County, IN.

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