Renting · Section 8
Data from November 2026
Renting in Morgan County, Indiana
Morgan County has a HUD fair market rent of $1,536 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $1,042 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $29.54 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,536
- a month, HUD, Fiscal year 2027
- 18% more than in Indiana
- Typical rent
- $1,042
- a month, Census, Average 2020–2024
- 2% less than in Indiana
- Wage needed
- $29.54
- an hour, 2 bedrooms
- Or $61,440 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 48%
- spend 30% or more of income on rent
- About the same as in Indiana
Only here
Renting in Morgan County: what sets it apart
What this place has that others do not, from public data, most unusual first.
-
Among the neighboring counties, Putnam County has the lowest typical rent ($884), 15% below the $1,042 in Morgan County.
Sources: U.S. Census Bureau (Average 2020–2024).
Fair market rent
What HUD sets for each size
Every year HUD (the U.S. Department of Housing and Urban Development) publishes a Fair Market Rent (FMR) for each home size in Morgan County. It is used to work out how much a Section 8 voucher covers. The table shows what you need to earn to pay it without spending more than 30% of income.
The fair market rent covers rent plus basic utilities, except the phone. HUD generally sets it at the 40th percentile: 4 in 10 standard-quality homes rented recently cost less. 24 CFR §888.113(a)
According to Zillow (ZORI), the typical asking rent in Morgan County was $1,575 a month in September 2026: 1.4% more than 12 months ago. It is an index of market listings, not a HUD limit. Zillow data
| Size | Fair rent per month | Hourly wage | Income needed per year |
|---|---|---|---|
| Studio | $1,187 | $22.83 | $47,480 |
| 1 bedroom | $1,336 | $25.69 | $53,440 |
| 2 bedrooms | $1,536 | $29.54 | $61,440 |
| 3 bedrooms | $1,991 | $38.29 | $79,640 |
| 4 bedrooms | $2,425 | $46.63 | $97,000 |
HUD area: Indianapolis-Carmel, IN HUD Metro FMR Area. Source: HUD, Fiscal year 2027
By ZIP code
The fair market rent for your ZIP code
HUD also publishes fair market rents by ZIP code (Small Area FMRs) for 10 ZIP codes in Morgan County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,080 in 46157 to $1,860 in 46113. 1 ZIP code is above the county's fair market rent ($1,536).
Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses. 24 CFR §982.503(a)(1)
| 46111 | Indianapolis-Carmel, IN | $1,070 | $1,210 | $1,380 | $1,790 | $2,180 |
|---|---|---|---|---|---|---|
| 46113 | Indianapolis-Carmel, IN | $1,440 | $1,620 | $1,860 | $2,410 | $2,940 |
| 46125 | Indianapolis-Carmel, IN | $1,000 | $1,130 | $1,300 | $1,680 | $2,050 |
| 46151 | Bloomington, IN | $1,000 | $1,130 | $1,300 | $1,680 | $2,050 |
| 46151 | Indianapolis-Carmel, IN | $1,000 | $1,130 | $1,300 | $1,680 | $2,050 |
| 46157 | Indianapolis-Carmel, IN | $830 | $940 | $1,080 | $1,400 | $1,700 |
| 46158 | Indianapolis-Carmel, IN | $1,070 | $1,210 | $1,390 | $1,800 | $2,190 |
| 46166 | Indianapolis-Carmel, IN | $1,000 | $1,120 | $1,280 | $1,650 | $2,030 |
| 46166 | Owen County, IN | $1,000 | $1,120 | $1,280 | $1,650 | $2,030 |
| 46180 | Indianapolis-Carmel, IN | $970 | $1,100 | $1,270 | $1,670 | $2,020 |
- 46111 · Indianapolis-Carmel, IN $1,380$1,790
- 46113 · Indianapolis-Carmel, IN $1,860$2,410
- 46125 · Indianapolis-Carmel, IN $1,300$1,680
- 46151 · Bloomington, IN $1,300$1,680
- 46151 · Indianapolis-Carmel, IN $1,300$1,680
- 46157 · Indianapolis-Carmel, IN $1,080$1,400
- 46158 · Indianapolis-Carmel, IN $1,390$1,800
- 46166 · Indianapolis-Carmel, IN $1,280$1,650
- 46166 · Owen County, IN $1,280$1,650
- 46180 · Indianapolis-Carmel, IN $1,270$1,670
Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) (external site)
Rent burden
How many households spend too much
HUD counts rent as a burden when it reaches 30% of income or more. In Morgan County, 48% of renter households are in that position; in Indiana, 48%, and nationwide, 51% (Average 2020–2024, Census).
Paying too much rent leaves little for food, transportation and savings. If that is you, the agencies below can guide you for free.
48%
of renter households spend 30% or more of their income on rent.
5,054 households rent in Morgan County
- Spend half or more of their income 27%
- Spend 30% or more, but less than half 21%
- Spend less than 30% 52%
Compared with the state and the country
- Morgan 48%
- Indiana 48%
- United States 51%
Low-income apartments
Low-income apartments in Morgan County
HUD lists 6 properties with homes for low-income households in Morgan County: tax-credit apartments (LIHTC) and HUD-assisted buildings. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 1
- HUD-assisted
- 6
420 homes in all; 420 of them low-income, according to HUD.
- Ken Mar HUD-assisted 210 W Pike St, Martinsville 46151 101 low-income homes · For older adults · (765) 342-5671
- Spring Hill Apartments I HUD-assisted 170 Springhill Ct, Mooresville 46158 80 low-income homes · For families · (317) 831-6250
- Spring Hill Apts Phase III Tax credit (LIHTC) · HUD-assisted 301 Springmill Dr, Mooresville 46158 80 low-income homes · 1 bd: 30 · In service since 1992 · For families · (317) 831-6250
- Morgan House II HUD-assisted 470 N Main St, Martinsville 46151 77 low-income homes · For older adults · (765) 342-7581
- Heather Heights Apartments III HUD-assisted 950 Cloverleaf Ct, Martinsville 46151 48 low-income homes · For families · (765) 342-9622
- Morgan House I HUD-assisted 490 N Main St, Martinsville 46151 34 low-income homes · For families · (765) 342-7581
One property has two programs at the same address and appears once. Search HUD's map
Source: HUD, retrieved November 6, 2026. LIHTC database, updated May 14, 2025; Assisted multifamily properties, updated October 23, 2026; Public housing developments, updated October 23, 2026.
Section 8
The Section 8 voucher in Morgan County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. A public housing agency runs it. HUD lists none with an office in Morgan County; the state's agencies can help you. Here is what the rules say:
The rules, with their source
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You apply at the public housing agency. If you qualify, your name usually goes on a waiting list. Applicants must be U.S. citizens or noncitizens with eligible status as HUD defines it. Source: HUD
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Generally, your family must have very low income: no more than 50% of the area median income, by family size (the middle column of the table). Source: 24 CFR §5.603, §982.201(b)
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Each year, at least 75% of the families an agency admits from its list must have extremely low income (the 30% column). Source: 24 CFR §982.201(b)(2)
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If the rent is below the payment standard, the family generally pays 30% of its adjusted monthly income. If it is above, the family pays more. Source: 24 CFR §982.1(a)(3)
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When you move in, if the rent is above the payment standard, your share cannot go over 40% of your adjusted monthly income. Source: 24 CFR §982.508
-
Each agency sets a payment standard for each size. Without asking HUD, it can go from 90% to 110% of the fair market rent. Source: 24 CFR §982.503(b), (c)
| People | Extremely low (30%) | Very low (50%) | Low |
|---|---|---|---|
| 1 person | $23,200 | $38,650 | $61,800 |
| 2 people | $26,500 | $44,150 | $70,600 |
| 3 people | $29,800 | $49,650 | $79,450 |
| 4 people | $33,100 | $55,150 | $88,250 |
| 5 people | $38,680 | $59,600 | $95,350 |
| 6 people | $44,360 | $64,000 | $102,400 |
| 7 people | $50,040 | $68,400 | $109,450 |
| 8 people | $55,720 | $72,800 | $116,500 |
Area median income: $110,300. HUD income limits by family size, Fiscal year 2026. Area: Indianapolis-Carmel, IN HUD Metro FMR Area. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $1,068 – $1,306
- 1 bedroom $1,202 – $1,470
- 2 bedrooms $1,382 – $1,690
- 3 bedrooms $1,792 – $2,190
- 4 bedrooms $2,183 – $2,668
The range the rule allows: 90% to 110% of the county's fair market rent. Your agency publishes its own.
Housing agencies that serve this place
HUD lists no housing agency with an office in Morgan County. You can apply at another agency in your state: you do not have to live where you apply. Source: HUD
Your rights as a tenant in Indiana
What Indiana law says about deposits, notices and eviction, with the citation for each rule.
See your rights, rule by ruleCompare these rules with other states →
A summary of state law, not legal advice. Cities may have additional rules.
- When must they return my deposit?
- 45 days
- Ind. Code §32-31-3-12(a)
- If I fall behind on rent, what notice must I get?
- 10 days
- Ind. Code §32-31-1-6
- How much notice before a rent increase?
- 30 days
- Ind. Code §32-31-5-4
- Only a court order can remove youInd. Code §32-31-5-6(c)
- Protection from retaliationInd. Code §32-31-8.5-5
Help
Where to get help with rent in Morgan County
These are the nearest HUD-approved agencies. They counsel for free or at low cost.
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City of Bloomington - Housing and Neighborhood Development (HAND)
401 N Morton St, Bloomington · 22 miles away
- Mortgage delinquency and default
- Homelessness services
- and 6 more
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Transition Resources - Pendleton
600 Corporation Dr Ste 105, Pendleton · 51 miles away
- Mortgage delinquency and default
- Budget and financial counseling
- and 7 more
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Morgan County. Change the rent, the deposit and the fees to yours: the numbers stay in your browser.
Count power on top of the rent: in Indiana, the average home bill was $133 a month in 2024 (EIA). See electricity and gas costs
Your move
We use the place's fair market rent and the state's deposit rule.
Adjust advanced details
Let's do the math
Cash to move in
$3,072
What you need before you get the keys.
What adds up
- First month
- $1,536
- Security deposit
- $1,536
- Total
- $3,072
When you'll have it
Enter what you can set aside each month to see how long it takes.
What helps
- Ask for a receipt for every payment and keep a copy of the lease.
- On move-in day, walk through the home and take dated photos.
- Never send money for a home you haven't seen or a lease you haven't read.
This is a planning estimate, not a price. What you are asked for depends on the landlord, your lease and your state's and city's rules. It is not legal advice.
Frequently asked questions
What is the fair market rent in Morgan County?
According to HUD (Fiscal year 2027): Studio: $1,187; 1 bedroom: $1,336; 2 bedrooms: $1,536; 3 bedrooms: $1,991; 4 bedrooms: $2,425. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Morgan County?
Paying the 2-bedroom fair market rent ($1,536) without spending more than 30% of income takes $29.54 an hour full time, or $61,440 a year.
Who qualifies for Section 8 in Morgan County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $55,150 a year (Fiscal year 2026). The family usually pays 30% of its adjusted monthly income. You apply at the housing agency.
How much does Section 8 pay in Morgan County?
The voucher pays up to your housing agency's payment standard, minus your share. The rule lets the agency set it between 90% and 110% of the fair market rent: for 2 bedrooms here, between $1,382 and $1,690 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Morgan County?
For 2 bedrooms they run from $1,080 in 46157 to $1,860 in 46113. Where HUD designates these areas, or where the housing agency chooses to use them, the voucher is figured on the ZIP code's rent instead of the county's. Ask your agency which one it uses.
How many low-income apartments are there in Morgan County?
HUD lists 6 properties with homes for low-income households in Morgan County: tax-credit apartments (LIHTC) and HUD-assisted buildings. They run from the most low-income homes to the fewest. For tax-credit apartments and HUD-assisted buildings, you apply directly at the building's management office. They tell you whether units are open and how to apply; HUD does not have that information.
How many households spend too much on rent in Morgan County?
HUD counts rent as a burden when it reaches 30% of income or more. In Morgan County, 48% of renter households are in that position; in Indiana, 48%, and nationwide, 51% (Average 2020–2024, Census).