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Rent by ZIP · Hamilton County

Rent in Sheridan, IN 46069

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,120 (-5.1% vs FY2026). Renters in this ZIP code pay a median $742 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$860$890-3.4%$774–946–
1 bedroom$970$1,010-4%$873–1,067$718 ±$29
2 bedrooms$1,120$1,180-5.1%$1,008–1,232$864 ±$272
3 bedrooms$1,450$1,520-4.6%$1,305–1,595$1,203 ±$136
4 bedrooms$1,760$1,860-5.4%$1,584–1,936–

Small Area FMRs for the Indianapolis-Carmel, IN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 Indianapolis-Carmel, IN HUD Metro FMR Area, 2 bedrooms: $1,536.

What renters pay in 46069

Median gross rent$742±$212 · all sizes
Renter households65621% of occupied homes
No cash rent91households

How rents are spread

Under $1,00061%
$1,000–1,49932%
$1,500–1,9998%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
46068Sharpsville$1,380$965
46070Summitville$1,210$757
46071Thorntown$1,280$919
46072Tipton$1,240$844
46065Rossville$1,170$974
46064Pendleton$1,570$1,079

Fair Market Rents across Hamilton 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.