Indiana · FIPS 18023 · HUD FY 2027
Clinton County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Clinton County is $1,063 a month (rent plus utilities), 18% below the Indiana average of $1,302 and 40% below the U.S. average of $1,761. That is up $56 (5.6%) from FY 2026. At 30% of income, a household needs about $42,520 a year to afford it.
- $1,0632-bedroom FMR+$56 (+5.6%) vs FY 2026
- $8551-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $42,520Income for a 2-bedroom$20/hour full-time
- 49 of 922BR rank in Indiana1 = highest rent
| Unit | Clinton County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $850 | $731 | +$119 (+16.3%) | $1,005 | $1,379 | $34,000 |
| 1 bedroom | $855 | $804 | +$51 (+6.3%) | $1,082 | $1,478 | $34,200 |
| 2 bedrooms | $1,063 | $1,007 | +$56 (+5.6%) | $1,302 | $1,761 | $42,520 |
| 3 bedrooms | $1,416 | $1,328 | +$88 (+6.6%) | $1,642 | $2,266 | $56,640 |
| 4 bedrooms | $1,445 | $1,343 | +$102 (+7.6%) | $1,904 | $2,607 | $57,800 |
How Clinton County compares
- Clinton County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $850, $855, $1,063, $1,416, $1,445. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 7 ZIP codes mostly in Clinton County (by land area), the 2-bedroom figure ranges from $1,040 to $1,170.
Small Area FMRs by ZIP code in Clinton County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 46035 | $890 | $900 | $1,120 | $1,480 | $1,560 | +$20 (+1.8%) | 5% above |
| 46039 | $890 | $900 | $1,130 | $1,430 | $1,560 | +$40 (+3.7%) | 6% above |
| 46041 | $830 | $850 | $1,040 | $1,380 | $1,560 | −$60 (−5.5%) | 2% below |
| 46050 | $910 | $940 | $1,150 | $1,520 | $1,600 | +$50 (+4.5%) | 8% above |
| 46057 | $890 | $890 | $1,110 | $1,480 | $1,510 | +$70 (+6.7%) | 4% above |
| 46058 | $880 | $930 | $1,120 | $1,460 | $1,800 | −$10 (−0.9%) | 5% above |
| 46065 | $920 | $930 | $1,170 | $1,530 | $1,590 | +$10 (+0.9%) | 10% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.