Delaware County, IN

2024 Fair Market Rents

Tags: 2024 Muncie, IN MSA

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 Delaware County are Muncie, Anderson, Alexandria, and Yorktown. 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 Delaware County use?

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

Delaware County ($952) has a 4.9% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Delaware County is rank 41st out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 51 other counties. Delaware County is the 41st most expensive county in terms of FMRs.

Rent Tables Delaware County, IN

Fair Market Rent (40th Percentile)

$708
studio
$784
1-Bedroom
$952
2-Bedroom
$1,280
3-Bedroom
$1,383
4-Bedroom

Median Rent (50th Percentile)

$746
studio
$825
1-Bedroom
$1,003
2-Bedroom
$1,348
3-Bedroom
$1,457
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
46001 $770 $840 $1,110 $1,430 $1,480
46012 $830 $910 $1,190 $1,530 $1,580
46017 $840 $920 $1,210 $1,560 $1,610
46070 $720 $780 $1,030 $1,330 $1,370
47342 $680 $750 $910 $1,220 $1,320
47356 $720 $780 $1,020 $1,320 $1,370
46001 $770 $840 $1,110 $1,430 $1,480
46012 $830 $910 $1,190 $1,530 $1,580
46017 $840 $920 $1,210 $1,560 $1,610
46070 $720 $780 $1,030 $1,330 $1,370
47302 $680 $760 $920 $1,240 $1,340
47304 $770 $850 $1,030 $1,380 $1,500
47305 $640 $710 $860 $1,160 $1,250
47306 $740 $820 $1,000 $1,340 $1,450
47307 $710 $780 $950 $1,280 $1,380
47308 $710 $780 $950 $1,280 $1,380
47320 $640 $710 $860 $1,160 $1,250
47334 $680 $760 $920 $1,240 $1,340
47342 $680 $750 $910 $1,220 $1,320
47354 $640 $710 $860 $1,160 $1,250
47356 $720 $780 $1,020 $1,320 $1,370
47367 $680 $760 $920 $1,240 $1,340
47368 $640 $710 $860 $1,160 $1,250
47383 $780 $860 $1,050 $1,410 $1,530
47386 $710 $780 $950 $1,280 $1,380
47396 $730 $810 $980 $1,320 $1,420
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46001 $693 $756 $999 $1,287 $1,332
46012 $747 $819 $1,071 $1,377 $1,422
46017 $756 $828 $1,089 $1,404 $1,449
46070 $648 $702 $927 $1,197 $1,233
47342 $612 $675 $819 $1,098 $1,188
47356 $648 $702 $918 $1,188 $1,233
46001 $693 $756 $999 $1,287 $1,332
46012 $747 $819 $1,071 $1,377 $1,422
46017 $756 $828 $1,089 $1,404 $1,449
46070 $648 $702 $927 $1,197 $1,233
47302 $612 $684 $828 $1,116 $1,206
47304 $693 $765 $927 $1,242 $1,350
47305 $576 $639 $774 $1,044 $1,125
47306 $666 $738 $900 $1,206 $1,305
47307 $639 $702 $855 $1,152 $1,242
47308 $639 $702 $855 $1,152 $1,242
47320 $576 $639 $774 $1,044 $1,125
47334 $612 $684 $828 $1,116 $1,206
47342 $612 $675 $819 $1,098 $1,188
47354 $576 $639 $774 $1,044 $1,125
47356 $648 $702 $918 $1,188 $1,233
47367 $612 $684 $828 $1,116 $1,206
47368 $576 $639 $774 $1,044 $1,125
47383 $702 $774 $945 $1,269 $1,377
47386 $639 $702 $855 $1,152 $1,242
47396 $657 $729 $882 $1,188 $1,278
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46001 $847 $924 $1,221 $1,573 $1,628
46012 $913 $1,001 $1,309 $1,683 $1,738
46017 $924 $1,012 $1,331 $1,716 $1,771
46070 $792 $858 $1,133 $1,463 $1,507
47342 $748 $825 $1,001 $1,342 $1,452
47356 $792 $858 $1,122 $1,452 $1,507
46001 $847 $924 $1,221 $1,573 $1,628
46012 $913 $1,001 $1,309 $1,683 $1,738
46017 $924 $1,012 $1,331 $1,716 $1,771
46070 $792 $858 $1,133 $1,463 $1,507
47302 $748 $836 $1,012 $1,364 $1,474
47304 $847 $935 $1,133 $1,518 $1,650
47305 $704 $781 $946 $1,276 $1,375
47306 $814 $902 $1,100 $1,474 $1,595
47307 $781 $858 $1,045 $1,408 $1,518
47308 $781 $858 $1,045 $1,408 $1,518
47320 $704 $781 $946 $1,276 $1,375
47334 $748 $836 $1,012 $1,364 $1,474
47342 $748 $825 $1,001 $1,342 $1,452
47354 $704 $781 $946 $1,276 $1,375
47356 $792 $858 $1,122 $1,452 $1,507
47367 $748 $836 $1,012 $1,364 $1,474
47368 $704 $781 $946 $1,276 $1,375
47383 $858 $946 $1,155 $1,551 $1,683
47386 $781 $858 $1,045 $1,408 $1,518
47396 $803 $891 $1,078 $1,452 $1,562

Fair Market Rents on this page apply to the following cities in Delaware County, Indiana: Muncie, Anderson, Alexandria, Yorktown, Middletown, Albany, Daleville, Selma, Parker City, Gaston, Summitville, Springport, Losantville, and Oakville.

These Fair Market Rents also apply to the following ZIP codes in Delaware County, Indiana: 47304, 47302, 46012, 46001, 47396, 46017, 47356, 47320, 47334, 47383, 47368, 47342, 47305, 46070, 47386, 47354, 47307, 47306, 47308, and 47367.

Delaware County, IN is considered part of the following metro FMR area: MUNCIE, IN MSA.

More on Delaware County, IN

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Data Source

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