Fair Market Rent
Efficiency
$1,118
1 Bedroom
$1,267
2 Bedroom
$1,473
3 Bedroom
$1,907
4 Bedroom
$2,338
Metro/FMR area: Indianapolis-Carmel, IN HUD Metro FMR Area
Source: HUD Fair Market Rents, 2026. Monthly rent, per unit.
Drought Conditions
No drought conditions reportedWeek of Tue Aug 18 2026. Source: U.S. Drought Monitor (NDMC/USDA/NOAA).
Disaster Declarations
- SEVERE STORMS, STRAIGHT-LINE WINDS, TORNADOES, AND FLOODINGSat Aug 15 2026
- SEVERE WINTER STORMSat Jan 24 2026
Source: FEMA OpenFEMA.
Active Weather Alerts
No active alerts right now.
Nearby Cities
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Frequently Asked Questions
What is the Fair Market Rent for a 2-bedroom in Shelby County?
HUD's Fair Market Rent for a 2-bedroom unit in Shelby County is $1,473/month for 2026.
What is the Fair Market Rent for a 1-bedroom in Shelby County?
HUD's Fair Market Rent for a 1-bedroom unit in Shelby County is $1,267/month for 2026.