Rent by ZIP · Hamilton County
Rent in Indianapolis, IN 46290
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,940 (+5.4% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,500 | $1,400 | +7.1% | $1,350–1,650 | – |
| 1 bedroom | $1,690 | $1,580 | +7% | $1,521–1,859 | – |
| 2 bedrooms | $1,940 | $1,840 | +5.4% | $1,746–2,134 | – |
| 3 bedrooms | $2,510 | $2,380 | +5.5% | $2,259–2,761 | – |
| 4 bedrooms | $3,060 | $2,920 | +4.8% | $2,754–3,366 | – |
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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 46280 | Indianapolis | $2,180 | $1,975 |
| 46278 | Indianapolis | $2,300 | – |
| 46268 | Indianapolis | $1,570 | $1,377 |
| 46260 | Indianapolis | $1,560 | $1,179 |
| 46259 | Indianapolis | $1,590 | – |
| 46256 | Indianapolis | $1,500 | $1,314 |
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.