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Johnson County, IN

CountySAFMR
Found 13 ZIPs
Zillow

County Median Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$850 – $1,760$850 – $1,420
1 BR$940 – $1,980$940 – $1,460
2 BR$1,080 – $2,280$1,080 – $1,630
3 BR$1,380 – $2,960$1,380 – $1,990
4 BR$1,680 – $3,600$1,680 – $2,430
5 BR$2,634Not available
6 BR$3,029Not available
7 BR$3,483Not available
8 BR$4,005Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
1
1
1
1
0.85-1.24
1 BR
2
0.95-1.36
2 BR
1
1
1
1
1
1
0.91-1.44
3 BR
3
1.07-1.79
4 BR
3
1.13-1.68
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Johnson County, IN fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 13 ZIP codes in Johnson County, IN ranges from $1,080 to $2,280 a month, with a median of $1,450. That is up 1.4% from $1,430 in FY 2026. Johnson County is in the Indianapolis-Carmel, IN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Indiana is $1,086, so Johnson County is 34% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Johnson County, IN
BedroomsFY 2027Change90–110% range
Studio$1,120+2.8%$1,008–$1,232
1BR$1,260+2.4%$1,134–$1,386
2BR$1,450+1.4%$1,305–$1,595
3BR$1,880+1.6%$1,692–$2,068
4BR$2,290+0.9%$2,061–$2,519

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Johnson County, IN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,260$1,450$1,880$2,290
FY 2026$1,090$1,230$1,430$1,850$2,270
FY 2025$940$1,080$1,280$1,670$2,020
FY 2024$980$1,140$1,350$1,750$2,120
FY 2023$780$900$1,070$1,400$1,680

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
46184$2,280+57.2%
46106$2,040+40.7%
46143$1,870+29.0%
46259$1,590+9.7%
46162$1,540+6.2%
46131$1,500+3.4%
46142$1,4500.0%
46181$1,410−2.8%
46151$1,300−10.3%
46110$1,190−17.9%
46160$1,160−20.0%
46164$1,140−21.4%
46124$1,080−25.5%

Questions about Johnson County, IN rents

How much will Section 8 pay for a two-bedroom in Johnson County, IN?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,450, that basic range is $1,305 to $1,595 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Johnson County, IN in?

Johnson County, IN is in the Indianapolis-Carmel, IN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Johnson County, IN for FY 2027?

The two-bedroom FMR rose 1.4%, from $1,430 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 35.5%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

IN statewide rentsWhat is SAFMR?Data sources