Rent by ZIP · Brown County
Rent in Morgantown, IN 46160
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,160 (+4.5% vs FY2026). Renters in this ZIP code pay a median $915 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $900 | $840 | +7.1% | $810–990 | – |
| 1 bedroom | $1,010 | $950 | +6.3% | $909–1,111 | $735 ±$425 |
| 2 bedrooms | $1,160 | $1,110 | +4.5% | $1,044–1,276 | $896 ±$128 |
| 3 bedrooms | $1,500 | $1,440 | +4.2% | $1,350–1,650 | $681 ±$628 |
| 4 bedrooms | $1,830 | $1,760 | +4% | $1,647–2,013 | – |
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 46160
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 |
|---|---|---|---|
| 46161 | Morristown | $1,340 | $909 |
| 46158 | Mooresville | $1,390 | $990 |
| 46157 | Monrovia | $1,080 | $759 |
| 46163 | New Palestine | $1,430 | $1,158 |
| 46156 | Milroy | $1,010 | – |
| 46164 | Nineveh | $1,140 | – |
Fair Market Rents across Brown 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.