Blackford County, IN

2024 Fair Market Rents

Tags: 2024 Indiana

Return to the state page to see where Indiana ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Blackford County are Marion, Muncie, Hartford City, and Upland. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Blackford County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Blackford County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Blackford County compare?

Blackford County ($863) has a 13.8% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Blackford County is rank 63rd out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 62 other counties. Blackford County is the 30th cheapest county in terms of FMRs.

Rent Tables Blackford County, IN

Fair Market Rent (40th Percentile)

$600
studio
$761
1-Bedroom
$863
2-Bedroom
$1,114
3-Bedroom
$1,391
4-Bedroom

Median Rent (50th Percentile)

$600
studio
$761
1-Bedroom
$863
2-Bedroom
$1,114
3-Bedroom
$1,391
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46989 $710 $780 $950 $1,280 $1,380
47303 $700 $770 $940 $1,260 $1,370
47336 $650 $720 $880 $1,180 $1,280
47338 $640 $710 $860 $1,160 $1,250
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46989 $639 $702 $855 $1,152 $1,242
47303 $630 $693 $846 $1,134 $1,233
47336 $585 $648 $792 $1,062 $1,152
47338 $576 $639 $774 $1,044 $1,125
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46989 $781 $858 $1,045 $1,408 $1,518
47303 $770 $847 $1,034 $1,386 $1,507
47336 $715 $792 $968 $1,298 $1,408
47338 $704 $781 $946 $1,276 $1,375

Fair Market Rents on this page apply to the following cities in Blackford County, Indiana: Marion, Muncie, Hartford City, Upland, Dunkirk, Montpelier, Eaton, and Pennville.

These Fair Market Rents also apply to the following ZIP codes in Blackford County, Indiana: 46952, 46953, 47303, 47348, 46989, 47336, 47359, 47338, and 47369.

More on Blackford County, IN

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.