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Rent by ZIP · Montgomery County

Rent in Waynetown, IN 47990

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (+14.3% vs FY2026). Renters in this ZIP code pay a median $1,116 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,020$870+17.2%$918–1,122–
1 bedroom$1,030$880+17%$927–1,133$1,115 ±$58
2 bedrooms$1,200$1,050+14.3%$1,080–1,320$925 ±$356
3 bedrooms$1,550$1,390+11.5%$1,395–1,705–
4 bedrooms$1,680$1,520+10.5%$1,512–1,848–

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

What renters pay in 47990

Median gross rent$1,116±$142 · all sizes
Renter households8816% of occupied homes
No cash rent4households

How rents are spread

Under $1,00035%
$1,000–1,49948%
$1,500–1,9990%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+18%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
47989Waveland$1,010–
47991West Lebanon$1,010$671
47992Westpoint$1,210–
47987Veedersburg$1,010$732
47993Williamsport$1,080$835
47994Wingate$1,100$613

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.