Rent by ZIP · Delaware County
Rent in Selma, IN 47383
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,190 (+7.2% vs FY2026). Renters in this ZIP code pay a median $824 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $930 | $860 | +8.1% | $837–1,023 | – |
| 1 bedroom | $950 | $900 | +5.6% | $855–1,045 | – |
| 2 bedrooms | $1,190 | $1,110 | +7.2% | $1,071–1,309 | $821 ±$740 |
| 3 bedrooms | $1,490 | $1,440 | +3.5% | $1,341–1,639 | $745 ±$325 |
| 4 bedrooms | $1,960 | $1,790 | +9.5% | $1,764–2,156 | – |
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 47383
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 |
|---|---|---|---|
| 47382 | Saratoga | $1,010 | $755 |
| 47384 | Shirley | $1,140 | $722 |
| 47381 | Salamonia | $1,010 | – |
| 47385 | Spiceland | $1,010 | $759 |
| 47380 | Ridgeville | $1,010 | $590 |
| 47386 | Springport | $1,070 | – |
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.