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Rent by ZIP · Blackford County

Rent in Montpelier, IN 47359

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,010 (+3.1% vs FY2026). Renters in this ZIP code pay a median $649 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$760$710+7%$684–836–
1 bedroom$780$7800%$702–858$496 ±$45
2 bedrooms$1,010$980+3.1%$909–1,111$643 ±$35
3 bedrooms$1,350$1,280+5.5%$1,215–1,485$836 ±$84
4 bedrooms$1,560$1,5600%$1,404–1,716$935 ±$204

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

What renters pay in 47359

Median gross rent$649±$113 · all sizes
Renter households31824% of occupied homes
No cash rent59households

How rents are spread

Under $1,00092%
$1,000–1,4998%
$1,500–1,9990%
$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
47358Modoc$1,010$547
47360Mooreland$1,210$913
47357Milton$1,010$670
47361Mount Summit$1,130–
47356Middletown$1,090$868
47362New Castle$1,010$852

Fair Market Rents across Blackford 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.