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Rent by ZIP · Warren County

Rent in Otterbein, IN 47970

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,120 (+6.7% vs FY2026). Renters in this ZIP code pay a median $915 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$810$750+8%$729–891–
1 bedroom$930$880+5.7%$837–1,023$358 ±$239
2 bedrooms$1,120$1,050+6.7%$1,008–1,232$989 ±$102
3 bedrooms$1,350$1,270+6.3%$1,215–1,485$938 ±$99
4 bedrooms$1,800$1,580+13.9%$1,620–1,980–

Small Area FMRs for the Warren County, 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 Warren County, IN HUD Metro FMR Area, 2 bedrooms: $1,014.

What renters pay in 47970

Median gross rent$915±$74 · all sizes
Renter households26825% of occupied homes
No cash rent51households

How rents are spread

Under $1,00070%
$1,000–1,49928%
$1,500–1,9990%
$2,000–2,4992%
$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
47969Newtown$1,020–
47971Oxford$1,120$890
47968New Ross$1,250–
47967New Richmond$1,170–
47966Newport$1,040–
47974Perrysville$1,070$881

Fair Market Rents across Warren 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.