Indiana · FIPS 18175 · HUD FY 2027
Washington County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Washington County is $1,014 a month (rent plus utilities), 22% below the Indiana average of $1,302 and 42% below the U.S. average of $1,761. That is up $26 (2.6%) from FY 2026. At 30% of income, a household needs about $40,560 a year to afford it.
- $1,0142-bedroom FMR+$26 (+2.6%) vs FY 2026
- $7751-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $40,560Income for a 2-bedroom$20/hour full-time
- 63 of 922BR rank in Indiana1 = highest rent
| Unit | Washington County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $770 | $749 | +$21 (+2.8%) | $1,005 | $1,379 | $30,800 |
| 1 bedroom | $775 | $753 | +$22 (+2.9%) | $1,082 | $1,478 | $31,000 |
| 2 bedrooms | $1,014 | $988 | +$26 (+2.6%) | $1,302 | $1,761 | $40,560 |
| 3 bedrooms | $1,222 | $1,185 | +$37 (+3.1%) | $1,642 | $2,266 | $48,880 |
| 4 bedrooms | $1,333 | $1,308 | +$25 (+1.9%) | $1,904 | $2,607 | $53,320 |
How Washington County compares
- HUD sets this rent for the Washington County, IN metro FMR area, which covers 28,212 residents in 1 county.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $770, $775, $1,014, $1,222, $1,333. 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 5 ZIP codes mostly in Washington County (by land area), the 2-bedroom figure ranges from $1,010 to $1,250.
Small Area FMRs by ZIP code in Washington County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 47108 | $840 | $850 | $1,110 | $1,340 | $1,460 | +$50 (+4.7%) | 9% above |
| 47120 | $820 | $850 | $1,080 | $1,350 | $1,510 | +$10 (+0.9%) | 7% above |
| 47125 | $940 | $980 | $1,250 | $1,590 | $1,800 | +$60 (+5.0%) | 23% above |
| 47165 | $810 | $820 | $1,070 | $1,290 | $1,440 | no change | 6% above |
| 47167 | $770 | $780 | $1,010 | $1,220 | $1,340 | +$50 (+5.2%) | about the same as |
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.