The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Jasper County, IN HUD Metro FMR Area, IN

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Jasper County, IN HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $782 to a high of $956, with an average of $869.
One-bedroom: One-bedroom rental prices vary, with a minimum of $787, a maximum of $961, and an average of $874.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,034, peaking at a maximum of $1,264, and averaging at $1,149.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,346, a maximum of $1,645, and an average of $1,495.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,377 to a maximum of $1,683, with an average of $1,530.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Jasper County, IN HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $782 $787 $1,034 $1,346 $1,377
Average Rent $869 $874 $1,149 $1,495 $1,530
High Rent(110%) $956 $961 $1,264 $1,645 $1,683
2023 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $663 $667 $878 $1,130 $1,180
Average Rent $737 $741 $976 $1,256 $1,311
High Rent (110%) $811 $815 $1,074 $1,382 $1,442
2022 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $617 $622 $818 $1,051 $1,110
Average Rent $686 $691 $909 $1,168 $1,233
High Rent(110%) $755 $760 $1,000 $1,285 $1,356
2021 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $612 $617 $801 $1,024 $1,185
Average Rent $680 $685 $890 $1,138 $1,317
High Rent (110%) $748 $754 $979 $1,252 $1,449
2020 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $599 $602 $781 $1,005 $1,313
Average Rent $665 $669 $868 $1,117 $1,459
High Rent(110%) $732 $736 $955 $1,229 $1,605
2019 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $565 $573 $742 $955 $1,302
Average Rent $628 $637 $824 $1,061 $1,447
High Rent (110%) $691 $701 $906 $1,167 $1,592
2018 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $550 $555 $731 $916 $1,287
Average Rent $611 $617 $812 $1,018 $1,430
High Rent(110%) $672 $679 $893 $1,120 $1,573
2017 Jasper County, IN HUD Metro FMR Area, IN Low Rent (90%) $516 $518 $689 $861 $1,210
Average Rent $573 $576 $765 $957 $1,344
High Rent (110%) $630 $634 $842 $1,053 $1,478


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