What is the Fair Market Rent in Oolitic, IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47451, which covers Oolitic, is $1,010 a month.
Across the whole Lawrence County, IN the two-bedroom figure is $1,026.
The Census Bureau’s median gross rent for a two-bedroom home in Oolitic is $745 (±$291), within its margin of the Small Area figure for ZIP 47451.
Figures last updated on .
- 2 bedrooms, whole area
- $1,026
- 2 bedrooms, ZIP 47451
- $1,010
Fair Market Rents for Oolitic, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Lawrence County, IN (whole area) | $768 | $784 | $1,026 | $1,222 | $1,572 | — |
| ZIP 47451 (60% of the ZIP’s land is in this place) | $760 | $780 | $1,010 | $1,210 | $1,560 | $814 |
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 Oolitic
What is the Section 8 payment standard in Oolitic?
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 Lawrence County, IN is $1,026, and the Small Area figure for 47451 is $1,010.
What is the Fair Market Rent for a two-bedroom in ZIP 47451?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 47451 is $1,010 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $814 (±$238).
What is the Fair Market Rent for a one-bedroom in Oolitic?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 47451 is $780 a month, against $784 across the Lawrence County, IN.
Sources
- HUD Fair Market Rents, fiscal year 2027: Lawrence County, IN
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Lawrence County, IN
- 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
- Housing in Oolitic at a glance
- Median rent in Oolitic
- Renters and owners in Oolitic
- Income and affordability in Oolitic
- Home values in Oolitic
- Homeowner costs in Oolitic
- Property taxes in Oolitic
- Types of homes in Oolitic
- Bedrooms in Oolitic
- Age of homes in Oolitic
- Heating fuel in Oolitic
- Commute and cars in Oolitic
- Population growth in Oolitic
- How long people stay in Oolitic
- Indiana landlord and tenant rules
- Housing across Lawrence County
- Housing data for every place in Indiana