Fountain 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 Fountain County are Attica, Covington, Veedersburg, and Kingman. 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 Fountain County use?

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

Fountain 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.

Fountain County is rank 73rd out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 72 other counties. Fountain County is the 20th cheapest county in terms of FMRs.

Rent Tables Fountain County, IN

Fair Market Rent (40th Percentile)

$600
studio
$657
1-Bedroom
$863
2-Bedroom
$1,053
3-Bedroom
$1,393
4-Bedroom

Median Rent (50th Percentile)

$600
studio
$657
1-Bedroom
$863
2-Bedroom
$1,053
3-Bedroom
$1,393
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
47918 $0 $830 $970 $1,200 $1,500
47932 $0 $710 $860 $1,130 $1,360
47918 $0 $830 $970 $1,200 $1,500
47952 $0 $700 $920 $1,220 $1,230
47932 $0 $710 $860 $1,130 $1,360
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47918 $648 $747 $873 $1,080 $1,350
47932 $585 $639 $774 $1,017 $1,224
47918 $648 $747 $873 $1,080 $1,350
47952 $621 $630 $828 $1,098 $1,107
47932 $585 $639 $774 $1,017 $1,224
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47918 $792 $913 $1,067 $1,320 $1,650
47932 $715 $781 $946 $1,243 $1,496
47918 $792 $913 $1,067 $1,320 $1,650
47952 $759 $770 $1,012 $1,342 $1,353
47932 $715 $781 $946 $1,243 $1,496

Fair Market Rents on this page apply to the following cities in Fountain County, Indiana: Attica, Covington, Veedersburg, Kingman, Waynetown, Hillsboro, Wingate, Mellott, and Newtown.

These Fair Market Rents also apply to the following ZIP codes in Fountain County, Indiana: 47918, 47932, 47987, 47952, 47990, 47949, 47994, 47958, and 47969.

More on Fountain County, IN

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Data Source

HUD Seal

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