Clark County, IN

2024 Fair Market Rents

Tags: 2024 Louisville, KY-IN HUD Metro FMR Area

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 Clark County are New Albany, Jeffersonville, Clarksville, and Sellersburg. 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 Clark County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Clark 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 Clark County compare?

Clark County ($1,301) has a 30% higher FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore a higher gross rent.

Clark County is rank 10th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 82 other counties. Clark County is the 10th most expensive county in terms of FMRs.

Rent Tables Clark County, IN

Fair Market Rent (40th Percentile)

$976
studio
$1,077
1-Bedroom
$1,301
2-Bedroom
$1,701
3-Bedroom
$1,955
4-Bedroom

Median Rent (50th Percentile)

$1,039
studio
$1,147
1-Bedroom
$1,385
2-Bedroom
$1,811
3-Bedroom
$2,081
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
47104 $960 $1,060 $1,280 $1,670 $1,920
47106 $870 $950 $1,160 $1,510 $1,730
47111 $900 $990 $1,200 $1,570 $1,800
47119 $1,080 $1,190 $1,440 $1,880 $2,160
47126 $900 $990 $1,200 $1,570 $1,800
47129 $910 $1,010 $1,220 $1,600 $1,830
47130 $990 $1,090 $1,320 $1,730 $1,980
47131 $960 $1,060 $1,280 $1,670 $1,920
47138 $960 $1,060 $1,280 $1,670 $1,920
47141 $960 $1,060 $1,280 $1,670 $1,920
47143 $990 $1,090 $1,320 $1,730 $1,980
47147 $960 $1,060 $1,280 $1,670 $1,920
47150 $940 $1,040 $1,260 $1,650 $1,890
47162 $960 $1,060 $1,280 $1,670 $1,920
47163 $900 $990 $1,200 $1,570 $1,800
47165 $760 $790 $1,010 $1,270 $1,450
47172 $1,120 $1,230 $1,490 $1,950 $2,240
47177 $890 $920 $1,180 $1,490 $1,630
47190 $960 $1,060 $1,280 $1,670 $1,920
47243 $960 $1,060 $1,280 $1,670 $1,920
47106 $870 $950 $1,160 $1,510 $1,730
47126 $900 $990 $1,200 $1,570 $1,800
47165 $760 $790 $1,010 $1,270 $1,450
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47104 $864 $954 $1,152 $1,503 $1,728
47106 $783 $855 $1,044 $1,359 $1,557
47111 $810 $891 $1,080 $1,413 $1,620
47119 $972 $1,071 $1,296 $1,692 $1,944
47126 $810 $891 $1,080 $1,413 $1,620
47129 $819 $909 $1,098 $1,440 $1,647
47130 $891 $981 $1,188 $1,557 $1,782
47131 $864 $954 $1,152 $1,503 $1,728
47138 $864 $954 $1,152 $1,503 $1,728
47141 $864 $954 $1,152 $1,503 $1,728
47143 $891 $981 $1,188 $1,557 $1,782
47147 $864 $954 $1,152 $1,503 $1,728
47150 $846 $936 $1,134 $1,485 $1,701
47162 $864 $954 $1,152 $1,503 $1,728
47163 $810 $891 $1,080 $1,413 $1,620
47165 $684 $711 $909 $1,143 $1,305
47172 $1,008 $1,107 $1,341 $1,755 $2,016
47177 $801 $828 $1,062 $1,341 $1,467
47190 $864 $954 $1,152 $1,503 $1,728
47243 $864 $954 $1,152 $1,503 $1,728
47106 $783 $855 $1,044 $1,359 $1,557
47126 $810 $891 $1,080 $1,413 $1,620
47165 $684 $711 $909 $1,143 $1,305
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47104 $1,056 $1,166 $1,408 $1,837 $2,112
47106 $957 $1,045 $1,276 $1,661 $1,903
47111 $990 $1,089 $1,320 $1,727 $1,980
47119 $1,188 $1,309 $1,584 $2,068 $2,376
47126 $990 $1,089 $1,320 $1,727 $1,980
47129 $1,001 $1,111 $1,342 $1,760 $2,013
47130 $1,089 $1,199 $1,452 $1,903 $2,178
47131 $1,056 $1,166 $1,408 $1,837 $2,112
47138 $1,056 $1,166 $1,408 $1,837 $2,112
47141 $1,056 $1,166 $1,408 $1,837 $2,112
47143 $1,089 $1,199 $1,452 $1,903 $2,178
47147 $1,056 $1,166 $1,408 $1,837 $2,112
47150 $1,034 $1,144 $1,386 $1,815 $2,079
47162 $1,056 $1,166 $1,408 $1,837 $2,112
47163 $990 $1,089 $1,320 $1,727 $1,980
47165 $836 $869 $1,111 $1,397 $1,595
47172 $1,232 $1,353 $1,639 $2,145 $2,464
47177 $979 $1,012 $1,298 $1,639 $1,793
47190 $1,056 $1,166 $1,408 $1,837 $2,112
47243 $1,056 $1,166 $1,408 $1,837 $2,112
47106 $957 $1,045 $1,276 $1,661 $1,903
47126 $990 $1,089 $1,320 $1,727 $1,980
47165 $836 $869 $1,111 $1,397 $1,595

Fair Market Rents on this page apply to the following cities in Clark County, Indiana: New Albany, Jeffersonville, Clarksville, Sellersburg, Charlestown, Floyds Knobs, Pekin, Hanover, Borden, Lexington, Henryville, Memphis, Marysville, Otisco, Underwood, New Washington, Nabb, and Bethlehem.

These Fair Market Rents also apply to the following ZIP codes in Clark County, Indiana: 47150, 47130, 47129, 47172, 47111, 47119, 47165, 47243, 47106, 47138, 47126, 47143, 47141, 47163, 47177, 47131, 47162, 47147, 47190, and 47104.

Clark County, IN is considered part of the following metro FMR area: LOUISVILLE, KY-IN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Floyd County, IN, and Harrison County, IN.

More on Clark County, IN

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Data Source

HUD Seal

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