Fair Market Rent · Indiana
Fair Market Rent in Fayette County, IN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Fayette County is $1,014 a month, +6.1% from FY2026. Fayette County is part of the Fayette County, IN (a non-metro county 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $706 | $659 | +7.1% | $635–777 |
| 1 bedroom | $843 | $754 | +11.8% | $759–927 |
| 2 bedrooms | $1,014 | $956 | +6.1% | $913–1,115 |
| 3 bedrooms | $1,261 | $1,184 | +6.5% | $1,135–1,387 |
| 4 bedrooms | $1,350 | $1,266 | +6.6% | $1,215–1,485 |
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 Fayette County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 47331 | Connersville | $1,010 | $812 | $789 |
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.