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Rent by ZIP · Lake County

Rent in Lake Station, IN 46405

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,460 (+8.1% vs FY2026). Renters in this ZIP code pay a median $1,144 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,140$980+16.3%$1,026–1,254–
1 bedroom$1,200$1,110+8.1%$1,080–1,320$935 ±$149
2 bedrooms$1,460$1,350+8.1%$1,314–1,606$1,032 ±$190
3 bedrooms$1,780$1,650+7.9%$1,602–1,958$1,537 ±$417
4 bedrooms$1,940$1,790+8.4%$1,746–2,134–

Small Area FMRs for the Gary, 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 Gary, IN HUD Metro FMR Area, 2 bedrooms: $1,429.

What renters pay in 46405

Median gross rent$1,144±$90 · all sizes
Renter households1,07525% of occupied homes
No cash rent30households

How rents are spread

Under $1,00027%
$1,000–1,49948%
$1,500–1,99925%
$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
46404Gary$1,300$916
46406Gary$1,260$939
46403Gary$1,220$865
46407Gary$1,150$867
46402Gary$1,260$953
46408Gary$1,330$960

Fair Market Rents across Lake 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.