Rent by ZIP · Henry County
Rent in Sulphur Springs, IN 47388
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 $971 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $940 | $890 | +5.6% | $846–1,034 | – |
| 1 bedroom | $950 | $900 | +5.6% | $855–1,045 | – |
| 2 bedrooms | $1,190 | $1,110 | +7.2% | $1,071–1,309 | – |
| 3 bedrooms | $1,420 | $1,330 | +6.8% | $1,278–1,562 | $980 ±$172 |
| 4 bedrooms | $1,560 | $1,470 | +6.1% | $1,404–1,716 | – |
Small Area FMRs for the Henry 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 Henry County, IN, 2 bedrooms: $1,014.
What renters pay in 47388
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 47387 | Straughn | $1,520 | – |
| 47386 | Springport | $1,070 | – |
| 47390 | Union City | $1,010 | $565 |
| 47385 | Spiceland | $1,010 | $759 |
| 47384 | Shirley | $1,140 | $722 |
| 47383 | Selma | $1,190 | $821 |
Fair Market Rents across Henry 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.