Rent by ZIP · Owen County
Rent in Spencer, IN 47460
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,090 (-1.8% vs FY2026). Renters in this ZIP code pay a median $853 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $870 | $870 | 0% | $783–957 | – |
| 1 bedroom | $970 | $980 | -1% | $873–1,067 | $633 ±$100 |
| 2 bedrooms | $1,090 | $1,110 | -1.8% | $981–1,199 | $791 ±$159 |
| 3 bedrooms | $1,420 | $1,460 | -2.7% | $1,278–1,562 | $1,083 ±$180 |
| 4 bedrooms | $1,720 | $1,740 | -1.1% | $1,548–1,892 | $1,023 ±$143 |
Small Area FMRs for the Owen County, IN HUD Metro FMR Area. 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 Owen County, IN HUD Metro FMR Area, 2 bedrooms: $1,014.
What renters pay in 47460
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 |
|---|---|---|---|
| 47459 | Solsberry | $1,090 | – |
| 47462 | Springville | $1,090 | – |
| 47456 | Quincy | $1,100 | – |
| 47464 | Stinesville | $1,090 | – |
| 47465 | Switz City | $1,010 | $669 |
| 47454 | Paoli | $1,050 | $793 |
Fair Market Rents across Owen 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.