Renting · Section 8
Data from November 2026
Renting in Tippecanoe County, Indiana
Tippecanoe County has a HUD fair market rent of $1,273 a month for 2 bedrooms (Fiscal year 2027). Renter households here pay a typical rent of $1,124 a month (Average 2020–2024). Paying the fair market rent without going over 30% of income takes $24.48 an hour, full time.
Four numbers to start with
- Fair market rent, 2 bedrooms
- $1,273
- a month, HUD, Fiscal year 2027
- 2% less than in Indiana
- Typical rent
- $1,124
- a month, Census, Average 2020–2024
- 6% more than in Indiana
- Wage needed
- $24.48
- an hour, 2 bedrooms
- Or $50,920 a year, to spend no more than 30% of income on rent.
- Rent-burdened households
- 59%
- spend 30% or more of income on rent
- 23% more than in Indiana
Only here
Renting in Tippecanoe County: what sets it apart
What this place has that others do not, from public data, most unusual first.
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Tippecanoe County has the lowest homeownership rate of the 92 counties in Indiana: 53%.
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Tippecanoe County has the 3rd largest share of rent-burdened renters of the 92 counties in Indiana (59%).
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Tippecanoe County has the highest typical rent in its area: $1,124, more than any of its 6 neighboring counties; next is Clinton County ($920).
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 Tippecanoe 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 Tippecanoe County was $1,500 a month in September 2026: 2% 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 | $942 | $18.12 | $37,680 |
| 1 bedroom | $1,070 | $20.58 | $42,800 |
| 2 bedrooms | $1,273 | $24.48 | $50,920 |
| 3 bedrooms | $1,517 | $29.17 | $60,680 |
| 4 bedrooms | $2,128 | $40.92 | $85,120 |
HUD area: Lafayette-West Lafayette, 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 23 ZIP codes in Tippecanoe County (Fiscal year 2027). Type yours to see it.
For 2 bedrooms they run from $1,130 in 47941 to $1,350 in 47906. 10 ZIP codes are above the county's fair market rent ($1,273).
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)
| 47901 | Lafayette-West Lafayette, IN | $860 | $980 | $1,160 | $1,380 | $1,940 |
|---|---|---|---|---|---|---|
| 47904 | Lafayette-West Lafayette, IN | $850 | $970 | $1,150 | $1,370 | $1,920 |
| 47905 | Carroll County, IN | $980 | $1,110 | $1,320 | $1,570 | $2,210 |
| 47905 | Clinton County, IN | $980 | $1,110 | $1,320 | $1,570 | $2,210 |
| 47905 | Lafayette-West Lafayette, IN | $980 | $1,110 | $1,320 | $1,570 | $2,210 |
| 47906 | Lafayette-West Lafayette, IN | $1,000 | $1,130 | $1,350 | $1,610 | $2,260 |
| 47906 | Warren County, IN | $1,000 | $1,130 | $1,350 | $1,610 | $2,260 |
| 47906 | White County, IN | $1,000 | $1,130 | $1,350 | $1,610 | $2,260 |
| 47907 | Lafayette-West Lafayette, IN | $950 | $1,080 | $1,280 | $1,530 | $2,140 |
| 47909 | Lafayette-West Lafayette, IN | $950 | $1,080 | $1,290 | $1,540 | $2,160 |
| 47920 | Carroll County, IN | $890 | $960 | $1,190 | $1,430 | $1,800 |
| 47920 | Lafayette-West Lafayette, IN | $890 | $960 | $1,190 | $1,430 | $1,800 |
| 47920 | White County, IN | $890 | $960 | $1,190 | $1,430 | $1,800 |
| 47924 | Lafayette-West Lafayette, IN | $980 | $1,110 | $1,320 | $1,570 | $2,210 |
| 47930 | Clinton County, IN | $910 | $980 | $1,190 | $1,490 | $1,820 |
| 47930 | Lafayette-West Lafayette, IN | $910 | $980 | $1,190 | $1,490 | $1,820 |
| 47930 | Montgomery County, IN | $910 | $980 | $1,190 | $1,490 | $1,820 |
| 47941 | Lafayette-West Lafayette, IN | $840 | $950 | $1,130 | $1,350 | $1,890 |
| 47981 | Lafayette-West Lafayette, IN | $960 | $1,060 | $1,250 | $1,530 | $2,010 |
| 47981 | Montgomery County, IN | $960 | $1,060 | $1,250 | $1,530 | $2,010 |
| 47983 | Lafayette-West Lafayette, IN | $950 | $1,080 | $1,290 | $1,540 | $2,160 |
| 47992 | Fountain County, IN | $900 | $1,020 | $1,210 | $1,440 | $2,020 |
| 47992 | Lafayette-West Lafayette, IN | $900 | $1,020 | $1,210 | $1,440 | $2,020 |
- 47901 · Lafayette-West Lafayette, IN $1,160$1,380
- 47904 · Lafayette-West Lafayette, IN $1,150$1,370
- 47905 · Carroll County, IN $1,320$1,570
- 47905 · Clinton County, IN $1,320$1,570
- 47905 · Lafayette-West Lafayette, IN $1,320$1,570
- 47906 · Lafayette-West Lafayette, IN $1,350$1,610
- 47906 · Warren County, IN $1,350$1,610
- 47906 · White County, IN $1,350$1,610
- 47907 · Lafayette-West Lafayette, IN $1,280$1,530
- 47909 · Lafayette-West Lafayette, IN $1,290$1,540
- 47920 · Carroll County, IN $1,190$1,430
- 47920 · Lafayette-West Lafayette, IN $1,190$1,430
- 47920 · White County, IN $1,190$1,430
- 47924 · Lafayette-West Lafayette, IN $1,320$1,570
- 47930 · Clinton County, IN $1,190$1,490
- 47930 · Lafayette-West Lafayette, IN $1,190$1,490
- 47930 · Montgomery County, IN $1,190$1,490
- 47941 · Lafayette-West Lafayette, IN $1,130$1,350
- 47981 · Lafayette-West Lafayette, IN $1,250$1,530
- 47981 · Montgomery County, IN $1,250$1,530
- 47983 · Lafayette-West Lafayette, IN $1,290$1,540
- 47992 · Fountain County, IN $1,210$1,440
- 47992 · Lafayette-West Lafayette, IN $1,210$1,440
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 Tippecanoe County, 59% 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.
59%
of renter households spend 30% or more of their income on rent.
35,338 households rent in Tippecanoe County
- Spend half or more of their income 30%
- Spend 30% or more, but less than half 29%
- Spend less than 30% 41%
Compared with the state and the country
- Tippecanoe 59%
- Indiana 48%
- United States 51%
Low-income apartments
Low-income apartments in Tippecanoe County
HUD lists 23 properties with homes for low-income households in Tippecanoe County: tax-credit apartments (LIHTC) and HUD-assisted buildings. They run from the most low-income homes to the fewest.
- with tax credits (LIHTC)
- 11
- HUD-assisted
- 12
2,180 homes in all; 1,934 of them low-income, according to HUD.
- Romney Meadows HUD-assisted 2905 Westchester Ln W, Lafayette 47909 326 homes, 318 low-income · For families · (765) 474-2464
- Fairington Apartments Lafayette HUD-assisted 225 Fairington Ct, Lafayette 47905 150 low-income homes · For older adults · (765) 447-4115
- Friendship House HUD-assisted 1010 Cumberland Ave, West Lafayette 47906 150 low-income homes · For older adults · (765) 463-9586
- Cambridge Estates IV HUD-assisted 2511 Malden Rd, Lafayette 47905 148 low-income homes · For families · (765) 446-1200
- Cambridge Estates II HUD-assisted 2690 Hastings Ct, Lafayette 47905 120 low-income homes · For families · (765) 447-6942
- Richfield Apartments West Lafayette HUD-assisted 2300 Yeager Rd, West Lafayette 47906 104 low-income homes · For families · (765) 463-0645
- Fowler Apartments HUD-assisted 407 Ferry St, Lafayette 47901 103 low-income homes · For older adults · (765) 742-8105
- Carriage House Lafayette HUD-assisted 1750 Windemere Dr, Lafayette 47905 100 low-income homes · For families · (765) 447-7634
- Deerfield Commons Apts Tax credit (LIHTC) 1725 Windemere Ct, Lafayette 47905 98 homes, 96 low-income · 1 bd: 32 · 2 bd: 32 · 3 bd: 32 · In service since 1993
- Country Villa Apartments HUD-assisted 3014 Fall Pl, West Lafayette 47906 92 low-income homes · For families · (765) 463-0504
- Chatham Square Tax credit (LIHTC) 3619 Champlain St, Lafayette 47905 89 low-income homes · 1 bd: 16 · 2 bd: 44 · 3 bd: 24 · 4 bd: 5 · In service since 2012 · For families
- Chapelgate Park Apts Tax credit (LIHTC) 3151 Chapel Gate Way, West Lafayette 47906 80 low-income homes · 1 bd: 16 · 2 bd: 32 · 3 bd: 24 · 4 bd: 8 · In service since 2009 · For people with disabilities, families, people experiencing homelessness
- Historic Jeff Centre Tax credit (LIHTC) 619 N 9th St, Lafayette 47904 74 homes, 70 low-income · Studio: 6 · 1 bd: 60 · 2 bd: 8 · In service since 2004
- Twyckenham Apartments HUD-assisted 3120 Quarry Dr, Lafayette 47909 200 homes, 65 low-income · For families · (765) 474-2411
- Friendship House North II HUD-assisted 1008 Cumberland Ave, West Lafayette 47906 50 low-income homes · For older adults · (765) 463-6399
- Union Place Apartments Tax credit (LIHTC) 1200 Union St, Lafayette 47904 40 low-income homes · 1 bd: 40 · In service since 2019
- Chapelgate Park Senior Apts Tax credit (LIHTC) 3050 Chapel Gate Way, West Lafayette 47906 35 low-income homes · 2 bd: 35 · In service since 2011 · For older adults
- H38 East Apartments Tax credit (LIHTC) 3791 Winston Dr, Lafayette 47905 32 low-income homes · 1 bd: 4 · 2 bd: 16 · 3 bd: 12 · In service since 2020 · For families
- Otterbein Commons Tax credit (LIHTC) 706 E Oxford St, Otterbein 47970 32 low-income homes · 1 bd: 4 · 2 bd: 25 · 3 bd: 3 · In service since 2020 · For families
- Cambridge Estates I HUD-assisted 3605 Brandywine Ct, Lafayette 47905 106 homes, 20 low-income · For families · (765) 446-1200
- Pearl Apts Tax credit (LIHTC) 600 South St, Lafayette 47901 29 homes, 18 low-income · Studio: 2 · 1 bd: 8 · 2 bd: 19 · In service since 1999
- Copper Gate Apts Tax credit (LIHTC) 3140 Coppergate Dr, Lafayette 47909 12 low-income homes · In service since 2014 · For families
- Enterprise Apts Tax credit (LIHTC) 1015 Main St, Lafayette 47901 10 low-income homes · Studio: 2 · 1 bd: 8 · In service since 1996
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 Tippecanoe County
The Housing Choice Voucher (Section 8) pays part of your rent on a home you choose. Your public housing agency runs it. 1 agency serves in Tippecanoe County. 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
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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 | $20,950 | $34,850 | $55,800 |
| 2 people | $23,950 | $39,850 | $63,800 |
| 3 people | $27,320 | $44,800 | $71,750 |
| 4 people | $33,000 | $49,800 | $79,700 |
| 5 people | $38,680 | $53,800 | $86,100 |
| 6 people | $44,360 | $57,800 | $92,500 |
| 7 people | $50,040 | $61,800 | $98,850 |
| 8 people | $55,720 | $65,750 | $105,250 |
Area median income: $100,000. HUD income limits by family size, Fiscal year 2026. Area: Lafayette-West Lafayette, IN HUD Metro FMR Area. Source: HUD, Fiscal year 2026
Possible payment standard
- Studio $848 – $1,036
- 1 bedroom $963 – $1,177
- 2 bedrooms $1,146 – $1,400
- 3 bedrooms $1,365 – $1,669
- 4 bedrooms $1,915 – $2,341
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
- Housing Authority of the City of Lafayette Section 8 vouchers · 1,409 vouchers (765) 771-1300 Housing Authority of the City of Lafayette: Mreynolds@lha.lafayette.in.gov
Housing agencies in Indiana Source: HUD, Retrieved November 6, 2026
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 Tippecanoe County
These are the nearest HUD-approved agencies. They counsel for free or at low cost.
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Habitat for Humanity of Greater Indianapolis
3135 N Meridian St, Indianapolis · 56 miles away
- Budget and financial counseling
- Budget and credit workshops
- and 2 more
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Indianapolis Neighborhood Housing Partnership Homeownership Center at Glendale
2960 N Meridian St, Indianapolis · 56 miles away
- Pre-purchase counseling
- Homebuyer education workshops
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Indianapolis Neighborhood Housing Partnership
2690 N Meridian St, Indianapolis · 56 miles away · Spanish
- Budget and financial counseling
- Budget and credit workshops
- and 2 more
Tool
How much cash do you need to move in?
It starts with the 2-bedroom fair market rent in Tippecanoe 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
$2,546
What you need before you get the keys.
What adds up
- First month
- $1,273
- Security deposit
- $1,273
- Total
- $2,546
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 Tippecanoe County?
According to HUD (Fiscal year 2027): Studio: $942; 1 bedroom: $1,070; 2 bedrooms: $1,273; 3 bedrooms: $1,517; 4 bedrooms: $2,128. It covers rent plus basic utilities, except the phone.
How much do you need to earn to rent in Tippecanoe County?
Paying the 2-bedroom fair market rent ($1,273) without spending more than 30% of income takes $24.48 an hour full time, or $50,920 a year.
Who qualifies for Section 8 in Tippecanoe County?
Generally, families with very low income: no more than 50% of the area median income. For 4 people, HUD's limit here is $49,800 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 Tippecanoe 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 $1,146 and $1,400 a month. Your agency publishes its figure.
Does the fair market rent change by ZIP code in Tippecanoe County?
For 2 bedrooms they run from $1,130 in 47941 to $1,350 in 47906. 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 Tippecanoe County?
HUD lists 23 properties with homes for low-income households in Tippecanoe 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 Tippecanoe County?
HUD counts rent as a burden when it reaches 30% of income or more. In Tippecanoe County, 59% of renter households are in that position; in Indiana, 48%, and nationwide, 51% (Average 2020–2024, Census).