Rent by ZIP · Jefferson County
Rent in Madison, IN 47250
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,030 (+7.3% vs FY2026). Renters in this ZIP code pay a median $892 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $750 | $660 | +13.6% | $675–825 | – |
| 1 bedroom | $850 | $810 | +4.9% | $765–935 | $565 ±$242 |
| 2 bedrooms | $1,030 | $960 | +7.3% | $927–1,133 | $904 ±$58 |
| 3 bedrooms | $1,300 | $1,200 | +8.3% | $1,170–1,430 | $1,032 ±$105 |
| 4 bedrooms | $1,610 | $1,500 | +7.3% | $1,449–1,771 | $1,313 ±$554 |
Small Area FMRs for the Jefferson County, IN. 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 Jefferson County, IN, 2 bedrooms: $1,041.
What renters pay in 47250
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 |
|---|---|---|---|
| 47247 | Jonesville | $1,280 | – |
| 47246 | Hope | $1,400 | $1,015 |
| 47244 | Hartsville | $1,510 | – |
| 47243 | Hanover | $1,090 | $884 |
| 47240 | Greensburg | $1,120 | $936 |
| 47260 | Medora | $1,040 | $838 |
Fair Market Rents across Jefferson 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.