Rent by ZIP · Delaware County
Rent in Albany, IN 47320
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,120 (+16.7% vs FY2026). Renters in this ZIP code pay a median $667 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $850 | $730 | +16.4% | $765–935 | – |
| 1 bedroom | $910 | $780 | +16.7% | $819–1,001 | $498 ±$316 |
| 2 bedrooms | $1,120 | $960 | +16.7% | $1,008–1,232 | $537 ±$436 |
| 3 bedrooms | $1,430 | $1,240 | +15.3% | $1,287–1,573 | $775 ±$562 |
| 4 bedrooms | $1,700 | $1,530 | +11.1% | $1,530–1,870 | – |
Small Area FMRs for the Muncie, IN MSA. 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 Muncie, IN MSA, 2 bedrooms: $1,145.
What renters pay in 47320
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 |
|---|---|---|---|
| 47324 | Boston | $1,090 | – |
| 47325 | Brownsville | $1,030 | – |
| 47326 | Bryant | $1,010 | $728 |
| 47327 | Cambridge City | $1,010 | $780 |
| 47330 | Centerville | $1,060 | $814 |
| 47331 | Connersville | $1,010 | $812 |
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.