Fair Market Rent · Indiana
Fair Market Rent in Spencer 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 Spencer County is $1,014 a month, +6.1% from FY2026. Spencer County is part of the Spencer 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 | $775 | $729 | +6.3% | $698–853 |
| 2 bedrooms | $1,014 | $956 | +6.1% | $913–1,115 |
| 3 bedrooms | $1,351 | $1,330 | +1.6% | $1,216–1,486 |
| 4 bedrooms | $1,356 | $1,382 | -1.9% | $1,220–1,492 |
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 Spencer 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 |
|---|---|---|---|---|
| 47531 | Evanston | $1,200 | – | – |
| 47537 | Gentryville | $1,010 | $636 | $717 |
| 47550 | Lamar | $1,010 | – | – |
| 47552 | Lincoln City | $1,090 | – | – |
| 47577 | Saint Meinrad | $1,140 | – | $623 |
| 47579 | Santa Claus | $1,470 | $1,130 | $1,115 |
| 47588 | Troy | $1,240 | $1,028 | $939 |
| 47611 | Chrisney | $1,040 | $1,014 | $625 |
| 47615 | Grandview | $1,210 | $829 | $856 |
| 47634 | Richland | $1,290 | $838 | $889 |
| 47635 | Rockport | $1,010 | $696 | $679 |
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.