Rent by ZIP · Lake County
Rent in Gary, IN 46409
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,490 (+5.7% vs FY2026). Renters in this ZIP code pay a median $1,195 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,160 | $1,030 | +12.6% | $1,044–1,276 | – |
| 1 bedroom | $1,230 | $1,160 | +6% | $1,107–1,353 | – |
| 2 bedrooms | $1,490 | $1,410 | +5.7% | $1,341–1,639 | $1,121 ±$34 |
| 3 bedrooms | $1,810 | $1,730 | +4.6% | $1,629–1,991 | $1,291 ±$138 |
| 4 bedrooms | $1,980 | $1,870 | +5.9% | $1,782–2,178 | $1,237 ±$138 |
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 46409
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 |
|---|---|---|---|
| 46408 | Gary | $1,330 | $960 |
| 46410 | Merrillville | $1,760 | $1,422 |
| 46407 | Gary | $1,150 | $867 |
| 46406 | Gary | $1,260 | $939 |
| 46405 | Lake Station | $1,460 | $1,032 |
| 46404 | Gary | $1,300 | $916 |
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.