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HUD Open Data · FY 2026

What is the Fair Market Rent in Boone County, IN?

$1,473/mo 14.8%vs 2025 ($1,283)

Last updated: FY2026, effective October 1, 2025

In Boone County, Indiana, the FY2026 Fair Market Rent for a two-bedroom is $1,473 a month. Rents run from $1,118 for a studio up to $2,338 for a four-bedroom, with the full breakdown by unit size below. HUD sets these rates each year, and housing authorities use them to set Section 8 voucher payment standards. Source: U.S. HUD, Office of Policy Development and Research, FY2026 Fair Market Rents, effective October 1, 2025.

2-Bedroom FMR in Boone County and Neighbouring Counties

Hendricks: $1,473Boone County: $1,473Clinton: $1,007Hamilton: $1,473Marion: $1,473Montgomery: $966$1,473$1,473$1,007$1,473$1,473$966
Unit sizeMonthly FMR (FY 2026)
Studio / Efficiency$1,118
1 Bedroom$1,267
2 Bedrooms$1,473
3 Bedrooms$1,907
4 Bedrooms$2,338

How does Boone County compare?

2-bedroom Fair Market Rent ranked against all counties in Indiana.

Higher rent than 100% of counties in Indiana · 1st of 92

Cheapest: Cass County($956)
Priciest: Hamilton County($1,473)
#CountyValue
1Hamilton County$1,473
1Hancock County$1,473
1Shelby County$1,473
1Boone County(you are here)$1,473
… 88 more …
63Union County$956
63Blackford County$956
63Cass County$956

More data for Boone County, Indiana

No nearby counties with Fair Market Rent data are available in our database.

ZIP codes in Boone County

The FMR figures above apply to all 6 ZIP codes in Boone County.

Frequently asked questions

What is the Fair Market Rent in Boone County, IN for 2026?

In Boone County, Indiana, a two-bedroom has a Fair Market Rent of $1,473 a month for FY2026, and rents range from $1,118 for a studio to $2,338 for a four-bedroom. The full breakdown by unit size is in the table above. Source: U.S. HUD, Office of Policy Development and Research, FY2026 Fair Market Rents.

What is the 2-bedroom Fair Market Rent in Boone County, IN?

A two-bedroom in Boone County, Indiana has a Fair Market Rent of $1,473 a month under HUD's FY2026 figures.

When do Fair Market Rents in Boone County become effective?

FY2026 Fair Market Rents became effective October 1, 2025 and apply through September 30, 2026.

How does HUD calculate Fair Market Rents?

HUD calculates FMRs as the 40th percentile of gross rents paid by recent movers for standard-quality units in a metropolitan area or non-metropolitan county. Data comes from the American Community Survey (ACS).

How do I find Fair Market Rent by ZIP code in Boone County, IN?

Every ZIP code in Boone County has its own Fair Market Rent page — see the "ZIP codes in Boone County" list above. Each ZIP page lists studio through 4-bedroom FMRs for FY2026.

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Data from the U.S. Department of Housing and Urban Development, public domain. Effective FY2026 (Oct 1, 2025).