Putnam County, IN

2024 Fair Market Rents

Tags: 2024 Putnam 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 Putnam County are Roachdale, Fillmore, Bainbridge, and Putnamville. 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 Putnam County use?

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

Putnam County ($1,124) has a 12.3% higher FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore a higher gross rent.

Putnam County is rank 20th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 72 other counties. Putnam County is the 20th most expensive county in terms of FMRs.

Rent Tables Putnam County, IN

Fair Market Rent (40th Percentile)

$827
studio
$855
1-Bedroom
$1,124
2-Bedroom
$1,503
3-Bedroom
$1,729
4-Bedroom

Median Rent (50th Percentile)

$860
studio
$890
1-Bedroom
$1,169
2-Bedroom
$1,563
3-Bedroom
$1,798
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
46105 $0 $800 $1,050 $1,400 $1,610
46128 $0 $970 $1,270 $1,700 $1,950
46170 $0 $850 $1,120 $1,500 $1,720
46172 $0 $960 $1,260 $1,680 $1,940
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46105 $693 $720 $945 $1,260 $1,449
46128 $837 $873 $1,143 $1,530 $1,755
46170 $738 $765 $1,008 $1,350 $1,548
46172 $837 $864 $1,134 $1,512 $1,746
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
46105 $847 $880 $1,155 $1,540 $1,771
46128 $1,023 $1,067 $1,397 $1,870 $2,145
46170 $902 $935 $1,232 $1,650 $1,892
46172 $1,023 $1,056 $1,386 $1,848 $2,134

Fair Market Rents on this page apply to the following cities in Putnam County, Indiana: Roachdale, Fillmore, Bainbridge, and Putnamville.

These Fair Market Rents also apply to the following ZIP codes in Putnam County, Indiana: 46172, 46128, 46105, and 46170.

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

More on Putnam 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.