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Rent by ZIP · Montgomery County

Rent in New Market, IN 47965

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,100 (+2.8% vs FY2026). Renters in this ZIP code pay a median $931 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$940$890+5.6%$846–1,034–
1 bedroom$950$890+6.7%$855–1,045–
2 bedrooms$1,100$1,070+2.8%$990–1,210$880 ±$210
3 bedrooms$1,420$1,4200%$1,278–1,562–
4 bedrooms$1,530$1,550-1.3%$1,377–1,683–

Small Area FMRs for the Montgomery 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 Montgomery County, IN, 2 bedrooms: $1,046.

What renters pay in 47965

Median gross rent$931±$50 · all sizes
Renter households4117% of occupied homes
No cash rent2households

How rents are spread

Under $1,00087%
$1,000–1,49913%
$1,500–1,9990%
$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–
47966Newport$1,040–
47963Morocco$1,070$867
47967New Richmond$1,170–
47968New Ross$1,250–
47969Newtown$1,020–

Fair Market Rents across Montgomery 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.