Montgomery County, IN fair market rent
Montgomery County, IN · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $941–$1,151 · +8.3% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $895 | $802 | +11.6% |
| 1 bedroom | $900 | $807 | +11.5% |
| 2 bedrooms | $1,046 | $966 | +8.3% |
| 3 bedrooms | $1,351 | $1,281 | +5.5% |
| 4 bedrooms | $1,459 | $1,399 | +4.3% |
All Indiana areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$722
- FY18$754
- FY19$722
- FY20$757
- FY21$769
- FY22$745
- FY23$847
- FY24$863
- FY25$939
- FY26$966
- FY27$1,046
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
18 ZIPs in Montgomery County, IN- ZIP 46035Studio $890 · 1BR $900 · 3BR $1,480 · 4BR $1,560
- ZIP 46071Studio $990 · 1BR $1,110 · 3BR $1,660 · 4BR $2,020
- ZIP 46172Studio $870 · 1BR $990 · 3BR $1,610 · 4BR $1,910
- ZIP 46175Studio $830 · 1BR $900 · 3BR $1,450 · 4BR $1,620
- ZIP 47916Studio $950 · 1BR $950 · 3BR $1,430 · 4BR $1,550
- ZIP 47930Studio $910 · 1BR $980 · 3BR $1,490 · 4BR $1,820
- ZIP 47933Studio $890 · 1BR $950 · 3BR $1,450 · 4BR $1,750
- ZIP 47940Studio $870 · 1BR $870 · 3BR $1,320 · 4BR $1,420
- ZIP 47949Studio $860 · 1BR $880 · 3BR $1,450 · 4BR $1,920
- ZIP 47954Studio $920 · 1BR $940 · 3BR $1,410 · 4BR $1,530
- ZIP 47955Studio $920 · 1BR $930 · 3BR $1,390 · 4BR $1,800
- ZIP 47965Studio $940 · 1BR $950 · 3BR $1,420 · 4BR $1,530
- ZIP 47967Studio $990 · 1BR $1,000 · 3BR $1,500 · 4BR $1,800
- ZIP 47968Studio $1,060 · 1BR $1,080 · 3BR $1,620 · 4BR $1,780
- ZIP 47981Studio $960 · 1BR $1,060 · 3BR $1,530 · 4BR $2,010
- ZIP 47989Studio $850 · 1BR $860 · 3BR $1,320 · 4BR $1,480
- ZIP 47990Studio $1,020 · 1BR $1,030 · 3BR $1,550 · 4BR $1,680
- ZIP 47994Studio $890 · 1BR $910 · 3BR $1,410 · 4BR $1,650