Ripley County, IN

2025 Fair Market Rents

Tags: 2025 Indiana

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 Ripley County are Versailles, Osgood, Holton, and Friendship. 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 Ripley County use?

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

Ripley County ($944) has a 9.4% lower FMR for 2-Bedroom housing than the average of Indiana ($1,042) and therefore has a lower gross rent.

Ripley County is rank 56th out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 55 other counties. Ripley County is the 37th cheapest county in terms of FMRs.

Rent Tables Ripley County, IN

Fair Market Rent (40th Percentile)

$677
studio
$720
1-Bedroom
$944
2-Bedroom
$1,323
3-Bedroom
$1,335
4-Bedroom

Median Rent (50th Percentile)

$736
studio
$783
1-Bedroom
$1,027
2-Bedroom
$1,439
3-Bedroom
$1,452
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
47037 $670 $710 $930 $1,300 $1,320
47021 $670 $720 $940 $1,320 $1,330
47023 $870 $930 $1,220 $1,710 $1,720
47034 $800 $850 $1,110 $1,560 $1,570
47037 $670 $710 $930 $1,300 $1,320
47042 $670 $710 $930 $1,300 $1,310
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47037 $603 $639 $837 $1,170 $1,188
47021 $603 $648 $846 $1,188 $1,197
47023 $783 $837 $1,098 $1,539 $1,548
47034 $720 $765 $999 $1,404 $1,413
47037 $603 $639 $837 $1,170 $1,188
47042 $603 $639 $837 $1,170 $1,179
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47037 $737 $781 $1,023 $1,430 $1,452
47021 $737 $792 $1,034 $1,452 $1,463
47023 $957 $1,023 $1,342 $1,881 $1,892
47034 $880 $935 $1,221 $1,716 $1,727
47037 $737 $781 $1,023 $1,430 $1,452
47042 $737 $781 $1,023 $1,430 $1,441

Fair Market Rents on this page apply to the following cities in Ripley County, Indiana: Versailles, Osgood, Holton, Friendship, Morris, Napoleon, and Pierceville.

These Fair Market Rents also apply to the following ZIP codes in Ripley County, Indiana: 47042, 47037, 47023, 47021, 47033, 47034, and 47039.

More on Ripley 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.