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Fair Market Rent · Indiana

Fair Market Rent in Benton County, IN

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$942studio
$1,0701 bedroom
$1,2732 bedrooms
$1,5173 bedrooms
$2,1284 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Benton County is $1,273 a month, +2.5% from FY2026. Benton County is part of the Lafayette-West Lafayette, IN HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$942$894+5.4%$848–1,036
1 bedroom$1,070$1,032+3.7%$963–1,177
2 bedrooms$1,273$1,242+2.5%$1,146–1,400
3 bedrooms$1,517$1,489+1.9%$1,365–1,669
4 bedrooms$2,128$1,992+6.8%$1,915–2,341

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Benton County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
47921Boswell$1,120$710$864
47942Earl Park$1,010–$955
47944Fowler$1,120$725$736
47971Oxford$1,120$890$758
47986Templeton$1,120––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.