Rent by ZIP · Hendricks County
Rent in Clayton, IN 46118
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,220 (-1.6% vs FY2026). Renters in this ZIP code pay a median $982 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $940 | $940 | 0% | $846–1,034 | – |
| 1 bedroom | $1,060 | $1,070 | -0.9% | $954–1,166 | $943 ±$22 |
| 2 bedrooms | $1,220 | $1,240 | -1.6% | $1,098–1,342 | $944 ±$245 |
| 3 bedrooms | $1,580 | $1,610 | -1.9% | $1,422–1,738 | $1,301 ±$396 |
| 4 bedrooms | $1,930 | $1,970 | -2% | $1,737–2,123 | – |
Small Area FMRs for the Indianapolis-Carmel, 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 Indianapolis-Carmel, IN HUD Metro FMR Area, 2 bedrooms: $1,536.
What renters pay in 46118
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46117 | Charlottesville | $1,230 | – |
| 46120 | Cloverdale | $1,010 | $835 |
| 46115 | Carthage | $1,010 | $667 |
| 46121 | Coatesville | $1,480 | – |
| 46122 | Danville | $1,500 | $1,217 |
| 46113 | Camby | $1,860 | $1,455 |
Fair Market Rents across Hendricks 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.