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Rent by ZIP · Randolph County

Rent in Farmland, IN 47340

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,080 (+8% vs FY2026). Renters in this ZIP code pay a median $876 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$750$710+5.6%$675–825–
1 bedroom$990$880+12.5%$891–1,089$580 ±$107
2 bedrooms$1,080$1,000+8%$972–1,188$734 ±$107
3 bedrooms$1,410$1,320+6.8%$1,269–1,551$1,069 ±$101
4 bedrooms$1,420$1,320+7.6%$1,278–1,562–

Small Area FMRs for the Randolph County, IN. 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 Randolph County, IN, 2 bedrooms: $1,014.

What renters pay in 47340

Median gross rent$876±$152 · all sizes
Renter households31224% of occupied homes
No cash rent35households

How rents are spread

Under $1,00061%
$1,000–1,49938%
$1,500–1,9991%
$2,000–2,4990%
$2,500–2,9990%
$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
47339Economy$1,120–
47341Fountain City$1,010$694
47338Eaton$1,010$681
47342Gaston$1,090$691
47337Dunreith$1,440–
47336Dunkirk$1,070$817

Fair Market Rents across Randolph 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.