Elkhart County, IN

2024 Fair Market Rents

Tags: 2024 Elkhart-Goshen, 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 Elkhart County are Elkhart, Granger, Goshen, and Osceola. 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 Elkhart County use?

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

Elkhart County ($1,102) has a 10.1% higher FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore a higher gross rent.

Elkhart County is rank 23rd out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 69 other counties. Elkhart County is the 23rd most expensive county in terms of FMRs.

Rent Tables Elkhart County, IN

Fair Market Rent (40th Percentile)

$849
studio
$879
1-Bedroom
$1,102
2-Bedroom
$1,415
3-Bedroom
$1,468
4-Bedroom

Median Rent (50th Percentile)

$903
studio
$934
1-Bedroom
$1,172
2-Bedroom
$1,505
3-Bedroom
$1,561
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
46507 $870 $900 $1,130 $1,450 $1,500
46514 $930 $960 $1,210 $1,550 $1,610
46515 $850 $880 $1,100 $1,410 $1,460
46516 $810 $840 $1,050 $1,350 $1,400
46517 $760 $840 $990 $1,270 $1,330
46526 $870 $900 $1,130 $1,450 $1,500
46527 $850 $880 $1,100 $1,410 $1,460
46528 $880 $910 $1,140 $1,460 $1,520
46530 $990 $1,220 $1,440 $1,830 $1,930
46540 $920 $960 $1,200 $1,540 $1,600
46542 $740 $770 $960 $1,230 $1,280
46543 $890 $920 $1,150 $1,480 $1,530
46550 $840 $870 $1,090 $1,400 $1,450
46553 $800 $830 $1,040 $1,340 $1,390
46561 $760 $930 $1,100 $1,380 $1,470
46567 $840 $870 $1,090 $1,400 $1,450
46573 $730 $840 $990 $1,260 $1,330
46767 $780 $810 $1,010 $1,300 $1,350
46517 $760 $840 $990 $1,270 $1,330
46530 $990 $1,220 $1,440 $1,830 $1,930
46550 $840 $870 $1,090 $1,400 $1,450
46561 $760 $930 $1,100 $1,380 $1,470
46573 $730 $840 $990 $1,260 $1,330
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46507 $783 $810 $1,017 $1,305 $1,350
46514 $837 $864 $1,089 $1,395 $1,449
46515 $765 $792 $990 $1,269 $1,314
46516 $729 $756 $945 $1,215 $1,260
46517 $684 $756 $891 $1,143 $1,197
46526 $783 $810 $1,017 $1,305 $1,350
46527 $765 $792 $990 $1,269 $1,314
46528 $792 $819 $1,026 $1,314 $1,368
46530 $891 $1,098 $1,296 $1,647 $1,737
46540 $828 $864 $1,080 $1,386 $1,440
46542 $666 $693 $864 $1,107 $1,152
46543 $801 $828 $1,035 $1,332 $1,377
46550 $756 $783 $981 $1,260 $1,305
46553 $720 $747 $936 $1,206 $1,251
46561 $684 $837 $990 $1,242 $1,323
46567 $756 $783 $981 $1,260 $1,305
46573 $657 $756 $891 $1,134 $1,197
46767 $702 $729 $909 $1,170 $1,215
46517 $684 $756 $891 $1,143 $1,197
46530 $891 $1,098 $1,296 $1,647 $1,737
46550 $756 $783 $981 $1,260 $1,305
46561 $684 $837 $990 $1,242 $1,323
46573 $657 $756 $891 $1,134 $1,197
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46507 $957 $990 $1,243 $1,595 $1,650
46514 $1,023 $1,056 $1,331 $1,705 $1,771
46515 $935 $968 $1,210 $1,551 $1,606
46516 $891 $924 $1,155 $1,485 $1,540
46517 $836 $924 $1,089 $1,397 $1,463
46526 $957 $990 $1,243 $1,595 $1,650
46527 $935 $968 $1,210 $1,551 $1,606
46528 $968 $1,001 $1,254 $1,606 $1,672
46530 $1,089 $1,342 $1,584 $2,013 $2,123
46540 $1,012 $1,056 $1,320 $1,694 $1,760
46542 $814 $847 $1,056 $1,353 $1,408
46543 $979 $1,012 $1,265 $1,628 $1,683
46550 $924 $957 $1,199 $1,540 $1,595
46553 $880 $913 $1,144 $1,474 $1,529
46561 $836 $1,023 $1,210 $1,518 $1,617
46567 $924 $957 $1,199 $1,540 $1,595
46573 $803 $924 $1,089 $1,386 $1,463
46767 $858 $891 $1,111 $1,430 $1,485
46517 $836 $924 $1,089 $1,397 $1,463
46530 $1,089 $1,342 $1,584 $2,013 $2,123
46550 $924 $957 $1,199 $1,540 $1,595
46561 $836 $1,023 $1,210 $1,518 $1,617
46573 $803 $924 $1,089 $1,386 $1,463

Fair Market Rents on this page apply to the following cities in Elkhart County, Indiana: Elkhart, Granger, Goshen, Osceola, Nappanee, Middlebury, Syracuse, Bristol, Ligonier, Milford, Wakarusa, New Paris, and Millersburg.

These Fair Market Rents also apply to the following ZIP codes in Elkhart County, Indiana: 46514, 46530, 46526, 46516, 46528, 46517, 46561, 46550, 46540, 46567, 46507, 46767, 46542, 46573, 46553, 46543, 46515, and 46527.

Elkhart County, IN is considered part of the following metro FMR area: ELKHART-GOSHEN, IN MSA.

More on Elkhart 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.