Rent by ZIP · Floyd County
Rent in New Albany, IN 47150
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (0% vs FY2026). Renters in this ZIP code pay a median $1,036 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $960 | $950 | +1.1% | $864–1,056 | $904 ±$131 |
| 1 bedroom | $1,040 | $1,030 | +1% | $936–1,144 | $885 ±$60 |
| 2 bedrooms | $1,250 | $1,250 | 0% | $1,125–1,375 | $1,070 ±$29 |
| 3 bedrooms | $1,600 | $1,600 | 0% | $1,440–1,760 | $1,215 ±$149 |
| 4 bedrooms | $1,840 | $1,860 | -1.1% | $1,656–2,024 | $785 ±$533 |
Small Area FMRs for the Louisville, KY-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 Louisville, KY-IN HUD Metro FMR Area, 2 bedrooms: $1,276.
What renters pay in 47150
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 |
|---|---|---|---|
| 47147 | Nabb | $1,170 | – |
| 47145 | Milltown | $1,040 | – |
| 47143 | Memphis | $1,910 | – |
| 47142 | Mauckport | $1,030 | – |
| 47141 | Marysville | $1,160 | – |
| 47140 | Marengo | $1,060 | $677 |
Fair Market Rents across Floyd 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.