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Rent by ZIP · Tippecanoe County

Rent in West Lafayette, IN 47906

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,350 (+6.3% vs FY2026). Renters in this ZIP code pay a median $1,217 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,000$910+9.9%$900–1,100$1,069 ±$113
1 bedroom$1,130$1,060+6.6%$1,017–1,243$1,157 ±$93
2 bedrooms$1,350$1,270+6.3%$1,215–1,485$1,240 ±$70
3 bedrooms$1,610$1,520+5.9%$1,449–1,771$1,350 ±$252
4 bedrooms$2,260$2,040+10.8%$2,034–2,486$1,821 ±$326

Small Area FMRs for the Lafayette-West Lafayette, 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 Lafayette-West Lafayette, IN HUD Metro FMR Area, 2 bedrooms: $1,273.

What renters pay in 47906

Median gross rent$1,217±$49 · all sizes
Renter households15,38957% of occupied homes
No cash rent304households

How rents are spread

Under $1,00034%
$1,000–1,49935%
$1,500–1,99918%
$2,000–2,4998%
$2,500–2,9993%
$3,000–3,4991%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
47905Lafayette$1,320$1,111
47904Lafayette$1,150$1,079
47909Lafayette$1,290$1,130
47901Lafayette$1,160$951
47916Alamo$1,110–
47917Ambia$1,120–

Fair Market Rents across Tippecanoe 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.