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Rent by ZIP · Shelby County

Rent in Fairland, IN 46126

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,040 (-5.5% vs FY2026). Renters in this ZIP code pay a median $988 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$800$810-1.2%$720–880–
1 bedroom$900$940-4.3%$810–990$1,106 ±$69
2 bedrooms$1,040$1,100-5.5%$936–1,144$974 ±$86
3 bedrooms$1,350$1,440-6.3%$1,215–1,485$1,303 ±$456
4 bedrooms$1,640$1,730-5.2%$1,476–1,804$725 ±$4

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 46126

Median gross rent$988±$156 · all sizes
Renter households26315% of occupied homes
No cash rent31households

How rents are spread

Under $1,00052%
$1,000–1,49948%
$1,500–1,9990%
$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
46127Falmouth$1,020–
46124Edinburgh$1,080$780
46128Fillmore$1,270$1,110
46123Avon$1,910$1,389
46122Danville$1,500$1,217
46130Fountaintown$1,280$1,018

Fair Market Rents across Shelby 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.