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Owen County, IN

CountySAFMR
Found 15 ZIPs

County Median Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$760 – $1,020$760 – $1,120
1 BR$780 – $1,120$780 – $1,220
2 BR$1,010 – $1,280$1,010 – $1,400
3 BR$1,210 – $1,650$1,210 – $1,780
4 BR$1,410 – $2,030$1,410 – $2,160
5 BR$1,874Not available
6 BR$2,156Not available
7 BR$2,479Not available
8 BR$2,851Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.82
1 BR
0.85
2 BR
0.86
3 BR
0.85
4 BR
0.83
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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Owen County, IN fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 15 ZIP codes in Owen County, IN ranges from $1,010 to $1,280 a month, with a median of $1,050. That is up 2.9% from $1,020 in FY 2026. Owen County is in the Owen County, IN HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,014. The median county two-bedroom FMR in Indiana is $1,086, so Owen County is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Owen County, IN
BedroomsFY 2027Change90–110% range
Studio$820+2.5%$738–$902
1BR$900+8.4%$810–$990
2BR$1,050+2.9%$945–$1,155
3BR$1,300+2.4%$1,170–$1,430
4BR$1,630+7.2%$1,467–$1,793

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Owen County, IN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$820$900$1,050$1,300$1,630
FY 2026$800$830$1,020$1,270$1,520
FY 2025$760$790$1,000$1,290$1,580
FY 2024$730$740$950$1,200$1,500
FY 2023$650$710$880$1,240$1,500

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
46166$1,280+21.9%
47404$1,270+21.0%
47456$1,100+4.8%
47459$1,090+3.8%
47460$1,090+3.8%
47424$1,080+2.9%
47833$1,060+1.0%
47868$1,0500.0%
46120$1,010−3.8%
47427$1,010−3.8%
47431$1,010−3.8%
47433$1,010−3.8%
47455$1,010−3.8%
47471$1,010−3.8%
47841$1,010−3.8%

Questions about Owen County, IN rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. 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 Owen County, IN in?

Owen County, IN is in the Owen County, IN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,014.

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

The two-bedroom FMR rose 2.9%, from $1,020 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 19.3%.

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