Rent in Spencer County, IN
The Fair Market Rent (FMR) for a two-bedroom home in Spencer County, IN is $956/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Spencer County, IN has an FMR of $956/month (FY2026). That is 2% below the national median of $974. Spencer County, IN ranks #1,773 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Spencer County, IN
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $659 |
| 1 bedroom | $729 |
| 2 bedrooms | $956 |
| 3 bedrooms | $1,330 |
| 4 bedrooms | $1,382 |
Nearby on the rent ranking
- Pulaski County, IN$956/mo
- Randolph County, IN$956/mo
- Rush County, IN$956/mo
- Starke County, IN$956/mo
- Switzerland County, IN$956/mo
- Union County, IN$956/mo
Frequently asked questions
- How much is rent in Spencer County, IN?
- The Fair Market Rent (FMR) for a two-bedroom unit in Spencer County, IN is $956 per month for HUD fiscal year 2026. A one-bedroom is $729 and a three-bedroom is $1,330 per month.
- What is the studio and one-bedroom Fair Market Rent in Spencer County, IN?
- For FY2026, HUD's efficiency/studio FMR in Spencer County, IN is $659 per month and the one-bedroom FMR is $729 per month.
- How is the Fair Market Rent for Spencer County, IN calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Spencer County, IN?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Spencer County, IN. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Spencer County, IN compare nationally?
- Spencer County, IN ranks #1,773 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.