Vigo County, IN

2024 Fair Market Rents

Tags: 2024 Terre Haute, 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 Vigo County are Terre Haute, Fontanet, New Goshen, and Pimento. 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 Vigo County use?

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

Vigo County ($964) has a 3.7% lower FMR for 2-Bedroom housing than the average of Indiana ($1,001) and therefore has a lower gross rent.

Vigo County is rank 37th out of 92 counties. This means the FMRs, or in other words, the gross rent is higher than 55 other counties. Vigo County is the 37th most expensive county in terms of FMRs.

Rent Tables Vigo County, IN

Fair Market Rent (40th Percentile)

$741
studio
$766
1-Bedroom
$964
2-Bedroom
$1,166
3-Bedroom
$1,398
4-Bedroom

Median Rent (50th Percentile)

$792
studio
$820
1-Bedroom
$1,031
2-Bedroom
$1,247
3-Bedroom
$1,495
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
47801 $750 $780 $980 $1,180 $1,420
47803 $830 $860 $1,080 $1,310 $1,570
47804 $750 $770 $970 $1,170 $1,410
47807 $740 $760 $960 $1,160 $1,390
47809 $740 $760 $960 $1,160 $1,390
47851 $750 $780 $980 $1,180 $1,420
47863 $670 $690 $870 $1,050 $1,260
47866 $730 $770 $980 $1,190 $1,400
47869 $700 $780 $1,010 $1,220 $1,370
47870 $750 $780 $980 $1,180 $1,420
47871 $900 $930 $1,170 $1,410 $1,700
47876 $670 $690 $870 $1,050 $1,260
47878 $750 $780 $980 $1,180 $1,420
47880 $670 $690 $870 $1,050 $1,270
47866 $730 $770 $980 $1,190 $1,400
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47801 $675 $702 $882 $1,062 $1,278
47803 $747 $774 $972 $1,179 $1,413
47804 $675 $693 $873 $1,053 $1,269
47807 $666 $684 $864 $1,044 $1,251
47809 $666 $684 $864 $1,044 $1,251
47851 $675 $702 $882 $1,062 $1,278
47863 $603 $621 $783 $945 $1,134
47866 $657 $693 $882 $1,071 $1,260
47869 $630 $702 $909 $1,098 $1,233
47870 $675 $702 $882 $1,062 $1,278
47871 $810 $837 $1,053 $1,269 $1,530
47876 $603 $621 $783 $945 $1,134
47878 $675 $702 $882 $1,062 $1,278
47880 $603 $621 $783 $945 $1,143
47866 $657 $693 $882 $1,071 $1,260
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
47801 $825 $858 $1,078 $1,298 $1,562
47803 $913 $946 $1,188 $1,441 $1,727
47804 $825 $847 $1,067 $1,287 $1,551
47807 $814 $836 $1,056 $1,276 $1,529
47809 $814 $836 $1,056 $1,276 $1,529
47851 $825 $858 $1,078 $1,298 $1,562
47863 $737 $759 $957 $1,155 $1,386
47866 $803 $847 $1,078 $1,309 $1,540
47869 $770 $858 $1,111 $1,342 $1,507
47870 $825 $858 $1,078 $1,298 $1,562
47871 $990 $1,023 $1,287 $1,551 $1,870
47876 $737 $759 $957 $1,155 $1,386
47878 $825 $858 $1,078 $1,298 $1,562
47880 $737 $759 $957 $1,155 $1,397
47866 $803 $847 $1,078 $1,309 $1,540

Fair Market Rents on this page apply to the following cities in Vigo County, Indiana: Terre Haute, Fontanet, New Goshen, Pimento, Prairie Creek, Prairieton, Riley, Saint Mary Of The Woods, Seelyville, and Shepardsville.

These Fair Market Rents also apply to the following ZIP codes in Vigo County, Indiana: 47803, 47804, 47807, 47801, 47809, 47851, 47863, 47866, 47869, 47870, 47871, 47876, 47878, and 47880.

Vigo County, IN is considered part of the following metro FMR area: TERRE HAUTE, IN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Clay County, IN, and Vermillion County, IN.

More on Vigo 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.