Rent by ZIP · Franklin County
Rent in Laurel, IN 47024
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,320 (-0.8% vs FY2026). Renters in this ZIP code pay a median $961 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $970 | $950 | +2.1% | $873–1,067 | – |
| 1 bedroom | $1,090 | $1,030 | +5.8% | $981–1,199 | – |
| 2 bedrooms | $1,320 | $1,330 | -0.8% | $1,188–1,452 | $947 ±$8 |
| 3 bedrooms | $1,730 | $1,750 | -1.1% | $1,557–1,903 | $1,138 ±$125 |
| 4 bedrooms | $1,730 | $1,760 | -1.7% | $1,557–1,903 | – |
Small Area FMRs for the Franklin County, IN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 47024
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 |
|---|---|---|---|
| 47023 | Holton | $1,210 | $990 |
| 47025 | Lawrenceburg | $1,200 | $913 |
| 47022 | Guilford | $1,180 | – |
| 47020 | Florence | $1,050 | – |
| 47018 | Dillsboro | $1,220 | $973 |
| 47030 | Metamora | $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.