Rent by ZIP · Spencer County
Rent in Evanston, IN 47531
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (+5.3% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $860 | $800 | +7.5% | $774–946 | – |
| 1 bedroom | $910 | $870 | +4.6% | $819–1,001 | – |
| 2 bedrooms | $1,200 | $1,140 | +5.3% | $1,080–1,320 | – |
| 3 bedrooms | $1,550 | $1,530 | +1.3% | $1,395–1,705 | – |
| 4 bedrooms | $1,760 | $1,750 | +0.6% | $1,584–1,936 | – |
Small Area FMRs for the Spencer 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 Spencer County, IN, 2 bedrooms: $1,014.
What renters pay in 47531
Median gross rent–all sizes
Renter households257% of occupied homes
No cash rent12households
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 47532 | Ferdinand | $1,070 | $906 |
| 47529 | Elnora | $1,020 | – |
| 47528 | Edwardsport | $1,140 | – |
| 47527 | Dubois | $1,040 | – |
| 47535 | Freelandville | $1,080 | – |
| 47525 | Derby | $1,030 | – |
Fair Market Rents across Spencer 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.