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

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus 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

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 .

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