Gibson County, IN

2024 Fair Market Rents

Tags: 2024 Indiana

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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 Gibson County are Evansville, Princeton, Oakland City, and Haubstadt. 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 Gibson County use?

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

Gibson County ($883) has a 11.8% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Gibson County is rank 55th out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 54 other counties. Gibson County is the 38th cheapest county in terms of FMRs.

Rent Tables Gibson County, IN

Fair Market Rent (40th Percentile)

$723
studio
$727
1-Bedroom
$883
2-Bedroom
$1,172
3-Bedroom
$1,176
4-Bedroom

Median Rent (50th Percentile)

$755
studio
$759
1-Bedroom
$922
2-Bedroom
$1,223
3-Bedroom
$1,228
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
47612 $670 $740 $930 $1,180 $1,350
47613 $860 $950 $1,200 $1,530 $1,740
47616 $700 $780 $980 $1,250 $1,430
47619 $670 $740 $930 $1,180 $1,350
47633 $680 $760 $950 $1,210 $1,380
47639 $720 $790 $1,000 $1,270 $1,460
47660 $850 $950 $1,190 $1,510 $1,730
47725 $1,150 $1,280 $1,610 $2,050 $2,340
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47612 $603 $666 $837 $1,062 $1,215
47613 $774 $855 $1,080 $1,377 $1,566
47616 $630 $702 $882 $1,125 $1,287
47619 $603 $666 $837 $1,062 $1,215
47633 $612 $684 $855 $1,089 $1,242
47639 $648 $711 $900 $1,143 $1,314
47660 $765 $855 $1,071 $1,359 $1,557
47725 $1,035 $1,152 $1,449 $1,845 $2,106
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47612 $737 $814 $1,023 $1,298 $1,485
47613 $946 $1,045 $1,320 $1,683 $1,914
47616 $770 $858 $1,078 $1,375 $1,573
47619 $737 $814 $1,023 $1,298 $1,485
47633 $748 $836 $1,045 $1,331 $1,518
47639 $792 $869 $1,100 $1,397 $1,606
47660 $935 $1,045 $1,309 $1,661 $1,903
47725 $1,265 $1,408 $1,771 $2,255 $2,574

Fair Market Rents on this page apply to the following cities in Gibson County, Indiana: Evansville, Princeton, Oakland City, Haubstadt, Fort Branch, Owensville, Poseyville, Elberfeld, Lynnville, Patoka, Francisco, Hazleton, Cynthiana, Buckskin, Mackey, Griffin, and Somerville.

These Fair Market Rents also apply to the following ZIP codes in Gibson County, Indiana: 47725, 47670, 47660, 47639, 47648, 47665, 47633, 47613, 47619, 47666, 47649, 47640, 47612, 47647, 47654, 47616, and 47683.

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Data Source

HUD Seal

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