Rent by ZIP · Hancock County
Rent in New Palestine, IN 46163
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,430 (+3.6% vs FY2026). Renters in this ZIP code pay a median $1,060 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,110 | $1,050 | +5.7% | $999–1,221 | – |
| 1 bedroom | $1,240 | $1,190 | +4.2% | $1,116–1,364 | $866 ±$196 |
| 2 bedrooms | $1,430 | $1,380 | +3.6% | $1,287–1,573 | $1,158 ±$285 |
| 3 bedrooms | $1,850 | $1,780 | +3.9% | $1,665–2,035 | $995 ±$757 |
| 4 bedrooms | $2,260 | $2,190 | +3.2% | $2,034–2,486 | $720 ±$570 |
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 46163
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 |
|---|---|---|---|
| 46164 | Nineveh | $1,140 | – |
| 46161 | Morristown | $1,340 | $909 |
| 46165 | North Salem | $2,070 | – |
| 46160 | Morgantown | $1,160 | $896 |
| 46166 | Paragon | $1,280 | $1,069 |
| 46167 | Pittsboro | $1,410 | – |
Fair Market Rents across Hancock 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.