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Rent in Fair Oaks, IN

A 2-bedroom in Fair Oaks, IN (ZIP 47943) typically rents for about $1,240 a month, with a range of $1,240–$1,349. Owner-occupied homes in Jasper County pay about 0.46% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Fair Oaks, IN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$960$960–$1,0241
1 bed$980$980–$1,0311
2 beds$1,240$1,240–$1,3491
3 beds$1,560$1,560–$1,7411
4 beds$1,640$1,640–$1,7731

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).

Fair Oaks ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Fair Oaks, IN?
About $1,240 a month: the median of the typical rents in 1 ZIP code, which range from $1,240–$1,349. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Fair Oaks, IN?
About $980 a month: the median of the typical rents in 1 ZIP code, which range from $980–$1,031. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Fair Oaks, IN?
About $1,560 a month: the median of the typical rents in 1 ZIP code, which range from $1,560–$1,741. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Fair Oaks, IN?
About $960 a month: the median of the typical rents in 1 ZIP code, which range from $960–$1,024. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Fair Oaks, IN?
About $1,640 a month: the median of the typical rents in 1 ZIP code, which range from $1,640–$1,773. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Fair Oaks, IN?
Owner-occupied homes in Jasper County pay a typical 0.46% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Fair Oaks rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).