What is the Fair Market Rent in Jefferson Township (Newton County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47951, which covers Jefferson Township (Newton County), is $1,070 a month.
Across the whole Gary, IN HUD Metro FMR Area the two-bedroom figure is $1,429.
The Census Bureau’s median gross rent for a two-bedroom home in Jefferson Township (Newton County) is $905 (±$72), below the Small Area figure for ZIP 47951.
Figures last updated on .
- 2 bedrooms, whole area
- $1,429
- 2 bedrooms, ZIP 47951
- $1,070
Fair Market Rents for Jefferson Township (Newton County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Gary, IN HUD Metro FMR Area (whole area) | $1,117 | $1,176 | $1,429 | $1,739 | $1,898 | — |
| ZIP 47951 (72% of the ZIP’s land is in this place) | $840 | $880 | $1,070 | $1,300 | $1,420 | $847 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Jefferson Township (Newton County)
What is the Section 8 payment standard in Jefferson Township (Newton County)?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Gary, IN HUD Metro FMR Area is $1,429, and the Small Area figure for 47951 is $1,070.
What is the Fair Market Rent for a two-bedroom in ZIP 47951?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47951 is $1,070 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $847 (±$87).
What is the Fair Market Rent for a one-bedroom in Jefferson Township (Newton County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 47951 is $880 a month, against $1,176 across the Gary, IN HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Gary, IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Gary, IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Jefferson Township (Newton County)
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- Home values in Jefferson Township (Newton County)
- Homeowner costs in Jefferson Township (Newton County)
- Property taxes in Jefferson Township (Newton County)
- Types of homes in Jefferson Township (Newton County)
- Bedrooms in Jefferson Township (Newton County)
- Age of homes in Jefferson Township (Newton County)
- Heating fuel in Jefferson Township (Newton County)
- Commute and cars in Jefferson Township (Newton County)
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- How long people stay in Jefferson Township (Newton County)
- Indiana landlord and tenant rules
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- Housing data for every place in Indiana