Parke County, IN

2024 Fair Market Rents

Tags: 2024 Parke County, IN HUD Metro FMR Area

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 Parke County are Greencastle, Terre Haute, Rockville, and Montezuma. 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 Parke County use?

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

Parke County ($988) has a 1.3% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Parke County is rank 34th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 58 other counties. Parke County is the 34th most expensive county in terms of FMRs.

Rent Tables Parke County, IN

Fair Market Rent (40th Percentile)

$745
studio
$752
1-Bedroom
$988
2-Bedroom
$1,311
3-Bedroom
$1,316
4-Bedroom

Median Rent (50th Percentile)

$785
studio
$792
1-Bedroom
$1,041
2-Bedroom
$1,381
3-Bedroom
$1,386
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
46135 $820 $840 $1,110 $1,480 $1,710
47872 $690 $700 $920 $1,220 $1,270
46135 $820 $840 $1,110 $1,480 $1,710
47805 $710 $730 $920 $1,110 $1,330
47832 $830 $840 $1,100 $1,460 $1,460
47836 $860 $870 $1,140 $1,490 $1,530
47859 $960 $970 $1,270 $1,690 $1,690
47860 $650 $660 $860 $1,150 $1,150
47862 $790 $800 $1,050 $1,390 $1,400
47872 $690 $700 $920 $1,220 $1,270
47805 $710 $730 $920 $1,110 $1,330
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46135 $738 $756 $999 $1,332 $1,539
47872 $621 $630 $828 $1,098 $1,143
46135 $738 $756 $999 $1,332 $1,539
47805 $639 $657 $828 $999 $1,197
47832 $747 $756 $990 $1,314 $1,314
47836 $774 $783 $1,026 $1,341 $1,377
47859 $864 $873 $1,143 $1,521 $1,521
47860 $585 $594 $774 $1,035 $1,035
47862 $711 $720 $945 $1,251 $1,260
47872 $621 $630 $828 $1,098 $1,143
47805 $639 $657 $828 $999 $1,197
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46135 $902 $924 $1,221 $1,628 $1,881
47872 $759 $770 $1,012 $1,342 $1,397
46135 $902 $924 $1,221 $1,628 $1,881
47805 $781 $803 $1,012 $1,221 $1,463
47832 $913 $924 $1,210 $1,606 $1,606
47836 $946 $957 $1,254 $1,639 $1,683
47859 $1,056 $1,067 $1,397 $1,859 $1,859
47860 $715 $726 $946 $1,265 $1,265
47862 $869 $880 $1,155 $1,529 $1,540
47872 $759 $770 $1,012 $1,342 $1,397
47805 $781 $803 $1,012 $1,221 $1,463

Fair Market Rents on this page apply to the following cities in Parke County, Indiana: Greencastle, Terre Haute, Rockville, Montezuma, Bloomingdale, Marshall, Bridgeton, and Mecca.

These Fair Market Rents also apply to the following ZIP codes in Parke County, Indiana: 46135, 47805, 47872, 47862, 47832, 47859, 47836, and 47860.

Parke County, IN is considered part of the following metro FMR area: PARKE COUNTY, IN HUD METRO FMR AREA.

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