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Rent by ZIP · Tipton County

Rent in Hobbs, IN 46047

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,230 (+11.8% vs FY2026).

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$930$830+12%$837–1,023–
1 bedroom$940$840+11.9%$846–1,034–
2 bedrooms$1,230$1,100+11.8%$1,107–1,353–
3 bedrooms$1,470$1,320+11.4%$1,323–1,617–
4 bedrooms$1,620$1,710-5.3%$1,458–1,782–

Small Area FMRs for the Tipton County, IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Tipton County, IN HUD Metro FMR Area, 2 bedrooms: $1,239.

What renters pay in 46047

Median gross rent–all sizes
Renter households1456% of occupied homes
No cash rent0households

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
46048Ingalls$1,900–
46049Kempton$1,240$690
46044Frankton$1,440$1,042
46050Kirklin$1,150$950
46051Lapel$1,700$1,013
46052Lebanon$1,280$1,120

Fair Market Rents across Tipton County, IN · All IN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.