Fair Market Rent · Indiana
Fair Market Rent in Vanderburgh 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 Vanderburgh County is $1,127 a month, +1.3% from FY2026. Vanderburgh County is part of the Evansville, IN MSA (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 | $866 | $853 | +1.5% | $779–953 |
| 1 bedroom | $872 | $860 | +1.4% | $785–959 |
| 2 bedrooms | $1,127 | $1,113 | +1.3% | $1,014–1,240 |
| 3 bedrooms | $1,387 | $1,370 | +1.2% | $1,248–1,526 |
| 4 bedrooms | $1,534 | $1,539 | -0.3% | $1,381–1,687 |
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 Vanderburgh 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 |
|---|---|---|---|---|
| 47708 | Evansville | $1,320 | $1,202 | $1,194 |
| 47710 | Evansville | $1,070 | $965 | $907 |
| 47711 | Evansville | $1,140 | $945 | $985 |
| 47712 | Evansville | $1,090 | $1,011 | $937 |
| 47713 | Evansville | $1,110 | $963 | $928 |
| 47714 | Evansville | $1,180 | $1,072 | $970 |
| 47715 | Evansville | $1,270 | $1,160 | $1,058 |
| 47720 | Evansville | $1,200 | $1,059 | $1,042 |
| 47725 | Evansville | $1,650 | $2,514 | $1,861 |
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.