Lawrence 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 Lawrence County are Bedford, Mitchell, Orleans, and Campbellsburg. 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 Lawrence County use?

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

Lawrence County ($871) has a 13% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Lawrence County is rank 58th out of 92 counties. This means the FMRs, or in other words, the gross rent is lower than 57 other counties. Lawrence County is the 35th cheapest county in terms of FMRs.

Rent Tables Lawrence County, IN

Fair Market Rent (40th Percentile)

$606
studio
$663
1-Bedroom
$871
2-Bedroom
$1,057
3-Bedroom
$1,418
4-Bedroom

Median Rent (50th Percentile)

$627
studio
$686
1-Bedroom
$902
2-Bedroom
$1,095
3-Bedroom
$1,468
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
47421 $740 $870 $1,020 $1,420 $1,680
47436 $760 $880 $1,020 $1,420 $1,680
47108 $690 $700 $920 $1,150 $1,230
47452 $750 $750 $990 $1,240 $1,320
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47421 $666 $783 $918 $1,278 $1,512
47436 $684 $792 $918 $1,278 $1,512
47108 $621 $630 $828 $1,035 $1,107
47452 $675 $675 $891 $1,116 $1,188
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47421 $814 $957 $1,122 $1,562 $1,848
47436 $836 $968 $1,122 $1,562 $1,848
47108 $759 $770 $1,012 $1,265 $1,353
47452 $825 $825 $1,089 $1,364 $1,452

Fair Market Rents on this page apply to the following cities in Lawrence County, Indiana: Bedford, Mitchell, Orleans, Campbellsburg, Williams, Heltonville, Oolitic, Avoca, Huron, and Tunnelton.

These Fair Market Rents also apply to the following ZIP codes in Lawrence County, Indiana: 47421, 47446, 47452, 47108, 47470, 47436, 47451, 47420, 47437, and 47467.

More on Lawrence County, IN

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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