Indiana · FIPS 18073 · HUD FY 2027
Jasper County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Jasper County is $1,349 a month (rent plus utilities), 4% above the Indiana average of $1,302 and 23% below the U.S. average of $1,761. That is up $175 (14.9%) from FY 2026. At 30% of income, a household needs about $53,960 a year to afford it.
- $1,3492-bedroom FMR+$175 (+14.9%) vs FY 2026
- $1,0311-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $53,960Income for a 2-bedroom$26/hour full-time
- 16 of 922BR rank in Indiana1 = highest rent
| Unit | Jasper County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,024 | $889 | +$135 (+15.2%) | $1,005 | $1,379 | $40,960 |
| 1 bedroom | $1,031 | $895 | +$136 (+15.2%) | $1,082 | $1,478 | $41,240 |
| 2 bedrooms | $1,349 | $1,174 | +$175 (+14.9%) | $1,302 | $1,761 | $53,960 |
| 3 bedrooms | $1,741 | $1,535 | +$206 (+13.4%) | $1,642 | $2,266 | $69,640 |
| 4 bedrooms | $1,773 | $1,554 | +$219 (+14.1%) | $1,904 | $2,607 | $70,920 |
How Jasper County compares
- HUD sets this rent for the Jasper County, IN metro FMR area, which covers 33,234 residents in 1 county.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $1,024, $1,031, $1,349, $1,741, $1,773. 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 4 ZIP codes mostly in Jasper County (by land area), the 2-bedroom figure ranges from $1,190 to $1,360.
Small Area FMRs by ZIP code in Jasper County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 46310 | $1,010 | $1,020 | $1,320 | $1,690 | $1,740 | +$160 (+13.8%) | 2% below |
| 46392 | $1,030 | $1,040 | $1,360 | $1,760 | $1,790 | +$150 (+12.4%) | 1% above |
| 47977 | $900 | $930 | $1,190 | $1,520 | $1,800 | +$140 (+13.3%) | 12% below |
| 47978 | $1,000 | $1,010 | $1,320 | $1,700 | $1,730 | +$170 (+14.8%) | 2% below |
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.