Rent by ZIP · Parke County
Rent in Montezuma, IN 47862
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,160 (+11.5% vs FY2026). Renters in this ZIP code pay a median $936 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $870 | $770 | +13% | $783–957 | – |
| 1 bedroom | $890 | $790 | +12.7% | $801–979 | – |
| 2 bedrooms | $1,160 | $1,040 | +11.5% | $1,044–1,276 | $911 ±$224 |
| 3 bedrooms | $1,520 | $1,370 | +10.9% | $1,368–1,672 | $792 ±$440 |
| 4 bedrooms | $1,520 | $1,380 | +10.1% | $1,368–1,672 | $1,111 ±$148 |
Small Area FMRs for the Parke 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 Parke County, IN, 2 bedrooms: $1,014.
What renters pay in 47862
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 |
|---|---|---|---|
| 47861 | Merom | $1,310 | – |
| 47860 | Mecca | $1,010 | $582 |
| 47859 | Marshall | $1,360 | – |
| 47858 | Lewis | $1,060 | – |
| 47866 | Pimento | $1,260 | – |
| 47857 | Knightsville | $1,010 | – |
Fair Market Rents across Parke 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.