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Rent by ZIP · Delaware County

Rent in Muncie, IN 47304

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (+11.6% vs FY2026). Renters in this ZIP code pay a median $994 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$980$860+14%$882–1,078$760 ±$223
1 bedroom$1,000$910+9.9%$900–1,100$868 ±$92
2 bedrooms$1,250$1,120+11.6%$1,125–1,375$972 ±$51
3 bedrooms$1,570$1,450+8.3%$1,413–1,727$1,163 ±$105
4 bedrooms$2,060$1,810+13.8%$1,854–2,266$1,469 ±$297

Small Area FMRs for the Muncie, IN MSA. 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 Muncie, IN MSA, 2 bedrooms: $1,145.

What renters pay in 47304

Median gross rent$994±$61 · all sizes
Renter households4,69935% of occupied homes
No cash rent152households

How rents are spread

Under $1,00051%
$1,000–1,49939%
$1,500–1,9998%
$2,000–2,4992%
$2,500–2,9991%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
47303Muncie$1,170$952
47305Muncie$1,010$865
47302Muncie$1,110$863
47320Albany$1,120$537
47324Boston$1,090–
47325Brownsville$1,030–

Fair Market Rents across Delaware 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.