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Rent by ZIP · Newton County

Rent in Morocco, IN 47963

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,070 (+10.3% vs FY2026). Renters in this ZIP code pay a median $871 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$840$710+18.3%$756–924–
1 bedroom$880$800+10%$792–968$400 ±$316
2 bedrooms$1,070$970+10.3%$963–1,177$867 ±$28
3 bedrooms$1,300$1,190+9.2%$1,170–1,430$975 ±$211
4 bedrooms$1,420$1,280+10.9%$1,278–1,562–

Small Area FMRs for the Gary, IN HUD Metro FMR Area. 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 47963

Median gross rent$871±$80 · all sizes
Renter households16919% of occupied homes
No cash rent18households

How rents are spread

Under $1,00066%
$1,000–1,49928%
$1,500–1,9995%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
47964Mount Ayr$1,120–
47965New Market$1,100$880
47960Monticello$1,110$1,066
47966Newport$1,040–
47959Monon$1,180$927
47967New Richmond$1,170–

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.