Official HUD Fair Market Rents for all 24 Indiana metro FMR areas. Median 3-bedroom benchmark across the state's metros: $1,350/mo. FMRs are 40th-percentile gross rents — treat them as floor benchmarks, not asking rents.
| Metro | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| Anderson | $759 | $803 | $1,054 | $1,379 | $1,397 |
| Bloomington | $958 | $1,080 | $1,223 | $1,618 | $1,926 |
| Carroll County | $696 | $709 | $928 | $1,191 | $1,230 |
| Columbus | $1,103 | $1,145 | $1,268 | $1,537 | $1,776 |
| Elkhart | $853 | $869 | $1,055 | $1,374 | $1,399 |
| Evansville | $780 | $821 | $1,054 | $1,300 | $1,473 |
| Fort Wayne | $943 | $991 | $1,199 | $1,512 | $1,632 |
| Franklin County | $727 | $802 | $1,052 | $1,389 | $1,395 |
| Gary | $860 | $985 | $1,197 | $1,475 | $1,587 |
| Indianapolis | $955 | $1,097 | $1,283 | $1,669 | $2,028 |
| Jasper County | $878 | $883 | $1,159 | $1,517 | $1,537 |
| Kokomo | $807 | $812 | $1,019 | $1,283 | $1,433 |
| Lafayette | $831 | $971 | $1,161 | $1,399 | $1,750 |
| Michigan City | $711 | $857 | $1,036 | $1,311 | $1,515 |
| Muncie | $736 | $802 | $982 | $1,289 | $1,492 |
| Owen County | $722 | $727 | $954 | $1,185 | $1,583 |
| Parke County | $751 | $756 | $992 | $1,310 | $1,315 |
| Putnam County | $745 | $816 | $1,049 | $1,397 | $1,636 |
| South Bend | $751 | $936 | $1,095 | $1,350 | $1,452 |
| Sullivan County | $645 | $717 | $941 | $1,134 | $1,460 |
| Terre Haute | $783 | $788 | $995 | $1,199 | $1,393 |
| Union County | $709 | $782 | $1,026 | $1,344 | $1,641 |
| Warren County | $664 | $824 | $928 | $1,300 | $1,475 |
| Washington County | $755 | $759 | $996 | $1,200 | $1,321 |
Source: U.S. Department of Housing & Urban Development, FY2025 Fair Market Rents for Indiana metro FMR areas. Compiled by AgenticREI.ai. Free to cite with a link.
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