Rent by ZIP · Newton County
Rent in Fair Oaks, IN 47943
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,240 (+9.7% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $960 | $840 | +14.3% | $864–1,056 | – |
| 1 bedroom | $980 | $890 | +10.1% | $882–1,078 | – |
| 2 bedrooms | $1,240 | $1,130 | +9.7% | $1,116–1,364 | – |
| 3 bedrooms | $1,560 | $1,430 | +9.1% | $1,404–1,716 | – |
| 4 bedrooms | $1,640 | $1,490 | +10.1% | $1,476–1,804 | – |
Small Area FMRs for the Gary, 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 Gary, IN HUD Metro FMR Area, 2 bedrooms: $1,429.
What renters pay in 47943
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 |
|---|---|---|---|
| 47942 | Earl Park | $1,010 | – |
| 47944 | Fowler | $1,120 | $725 |
| 47941 | Dayton | $1,130 | $638 |
| 47940 | Darlington | $1,010 | $698 |
| 47946 | Francesville | $1,480 | – |
| 47948 | Goodland | $1,010 | – |
Fair Market Rents across Newton 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.