Rent by ZIP · Franklin County
Rent in Cedar Grove, IN 47016
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (-8.2% vs FY2026). Renters in this ZIP code pay a median $763 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $740 | $780 | -5.1% | $666–814 | – |
| 1 bedroom | $840 | $850 | -1.2% | $756–924 | $538 ±$120 |
| 2 bedrooms | $1,010 | $1,100 | -8.2% | $909–1,111 | $721 ±$50 |
| 3 bedrooms | $1,340 | $1,450 | -7.6% | $1,206–1,474 | – |
| 4 bedrooms | $1,340 | $1,460 | -8.2% | $1,206–1,474 | – |
Small Area FMRs for the Franklin County, 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 Franklin County, IN HUD Metro FMR Area, 2 bedrooms: $1,148.
What renters pay in 47016
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 |
|---|---|---|---|
| 47017 | Cross Plains | $1,070 | – |
| 47018 | Dillsboro | $1,220 | $973 |
| 47012 | Brookville | $1,070 | $849 |
| 47020 | Florence | $1,050 | – |
| 47011 | Bennington | $1,070 | – |
| 47022 | Guilford | $1,180 | – |
Fair Market Rents across Franklin 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.