Home/IN/Morgan County
Morgan County, IN
CountySAFMR
Found 15 ZIPs
BRFMR
Eff. Rent
0 BR$810 – $1,540$810 – $1,370
1 BR$940 – $1,750$940 – $1,500
2 BR$1,100 – $2,030$1,100 – $1,630
3 BR$1,440 – $2,630$1,440 – $1,690
4 BR$1,730 – $3,220$1,730 – $2,190
5 BR$2,243
6 BR$2,579
7 BR$2,966
8 BR$3,411

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.60ratio
FMR$940
Market$1,560
vs market-$620

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.77ratio
FMR$1,040
Market$1,350
vs market-$310

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.78ratio
FMR$1,030
Market$1,320
vs market-$290

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.93ratio
FMR$1,330
Market$1,430
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
Studio· 1 ZIP
1.05ratio
FMR$1,220
Market$1,160
vs market+$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
Studio· 1 ZIP
1.12ratio
FMR$1,540
Market$1,370
vs market+$170

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.60–1.12
1 BR
1 BR· 1 ZIP
0.79ratio
FMR$1,070
Market$1,360
vs market-$290

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
1 BR· 2 ZIPs
0.82–0.84ratio range
Median FMR$1,175
Median Market$1,415
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2
1 BR· 1 ZIP
1.01ratio
FMR$1,510
Market$1,500
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
1.12ratio
FMR$1,380
Market$1,230
vs market+$150

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1 BR· 1 ZIP
1.26ratio
FMR$1,750
Market$1,390
vs market+$360

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.79–1.26
2 BR
2 BR· 1 ZIP
0.59ratio
FMR$1,100
Market$1,870
vs market-$770

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.73ratio
FMR$1,240
Market$1,700
vs market-$460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.83ratio
FMR$1,370
Market$1,650
vs market-$280

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.89ratio
FMR$1,360
Market$1,520
vs market-$160

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
2 BR· 1 ZIP
0.99ratio
FMR$1,610
Market$1,630
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.07ratio
FMR$1,750
Market$1,630
vs market+$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.29ratio
FMR$2,030
Market$1,570
vs market+$460

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.59–1.29
3 BR
3 BR· 1 ZIP
0.77ratio
FMR$1,440
Market$1,880
vs market-$440

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
3 BR· 1 ZIP
0.91ratio
FMR$1,610
Market$1,770
vs market-$160

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.04ratio
FMR$1,770
Market$1,700
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.07ratio
FMR$1,760
Market$1,650
vs market+$110

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.17ratio
FMR$2,080
Market$1,780
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 2 ZIPs
1.35–1.56ratio range
Median FMR$2,450
Median Market$1,685
vs market+$765

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.77–1.56
4 BR
4 BR· 1 ZIP
0.88ratio
FMR$1,970
Market$2,240
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
4 BR· 1 ZIP
1.07ratio
FMR$2,170
Market$2,020
vs market+$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 2 ZIPs
1.15–1.20ratio range
Median FMR$2,360
Median Market$2,010
vs market+$350

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
4 BR· 2 ZIPs
1.43–1.47ratio range
Median FMR$3,000
Median Market$2,070
vs market+$930

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
0.88–1.47
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Morgan County, IN (IN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.