Fair Market Rent · Indiana
Fair Market Rent in Tippecanoe 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 Tippecanoe County is $1,273 a month, +2.5% from FY2026. Tippecanoe 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
| Size | FY2027 | FY2026 | Change | Typical 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 Tippecanoe 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 |
|---|---|---|---|---|
| 47901 | Lafayette | $1,160 | $951 | $1,036 |
| 47904 | Lafayette | $1,150 | $1,079 | $996 |
| 47905 | Lafayette | $1,320 | $1,111 | $1,107 |
| 47906 | West Lafayette | $1,350 | $1,240 | $1,217 |
| 47907 | West Lafayette | $1,280 | – | – |
| 47909 | Lafayette | $1,290 | $1,130 | $1,127 |
| 47920 | Battle Ground | $1,190 | $883 | $883 |
| 47924 | Buck Creek | $1,320 | – | – |
| 47930 | Clarks Hill | $1,190 | $641 | $649 |
| 47941 | Dayton | $1,130 | $638 | $947 |
| 47981 | Romney | $1,250 | – | – |
| 47983 | Stockwell | $1,290 | – | – |
| 47992 | Westpoint | $1,210 | – | $1,060 |
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.