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

Tipton County, IN, 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 Tipton County, IN, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $580 to a high of $708, with an average of $644.
One-bedroom: One-bedroom rental prices vary, with a minimum of $635, a maximum of $776, and an average of $705.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $833, peaking at a maximum of $1,019, and averaging at $926.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,008, a maximum of $1,232, and an average of $1,120.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,159 to a maximum of $1,417, with an average of $1,288.

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 Tipton County, IN 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 Tipton County, IN, IN Low Rent (90%) $580 $635 $833 $1,008 $1,159
Average Rent $644 $705 $926 $1,120 $1,288
High Rent(110%) $708 $776 $1,019 $1,232 $1,417
2023 Tipton County, IN, IN Low Rent (90%) $581 $633 $833 $1,013 $1,145
Average Rent $645 $703 $925 $1,126 $1,272
High Rent (110%) $710 $773 $1,018 $1,239 $1,399
2022 Tipton County, IN, IN Low Rent (90%) $517 $563 $741 $915 $1,004
Average Rent $574 $625 $823 $1,017 $1,116
High Rent(110%) $631 $688 $905 $1,119 $1,228
2021 Tipton County, IN, IN Low Rent (90%) $520 $581 $744 $926 $1,009
Average Rent $578 $646 $827 $1,029 $1,121
High Rent (110%) $636 $711 $910 $1,132 $1,233
2020 Tipton County, IN, IN Low Rent (90%) $510 $584 $729 $908 $987
Average Rent $567 $649 $810 $1,009 $1,097
High Rent(110%) $624 $714 $891 $1,110 $1,207
2019 Tipton County, IN, IN Low Rent (90%) $484 $562 $696 $871 $941
Average Rent $538 $624 $773 $968 $1,045
High Rent (110%) $592 $686 $850 $1,065 $1,150
2018 Tipton County, IN, IN Low Rent (90%) $494 $588 $707 $887 $964
Average Rent $549 $653 $786 $985 $1,071
High Rent(110%) $604 $718 $865 $1,084 $1,178
2017 Tipton County, IN, IN Low Rent (90%) $464 $536 $665 $833 $917
Average Rent $516 $595 $739 $925 $1,019
High Rent (110%) $568 $655 $813 $1,018 $1,121


Discover Section 8 FMR in Tipton County, IN by zip code