Rent in Norman, IN
A 2-bedroom in Norman, IN (ZIP 47264) typically rents for about $1,142 a month, with a range of $1,142. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Jackson County. Owner-occupied homes in Jackson County pay about 0.49% 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $867 | $867 | 1 |
| 1 bed | $873 | $873 | 1 |
| 2 beds | $1,142 | $1,142 | 1 |
| 3 beds | $1,445 | $1,445 | 1 |
| 4 beds | $1,507 | $1,507 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Norman ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Norman, IN?
- About $1,142 a month: the median of the typical rents in 1 ZIP code, which range from $1,142. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Norman, IN?
- About $873 a month: the median of the typical rents in 1 ZIP code, which range from $873. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Norman, IN?
- About $1,445 a month: the median of the typical rents in 1 ZIP code, which range from $1,445. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Norman, IN?
- About $867 a month: the median of the typical rents in 1 ZIP code, which range from $867. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Norman, IN?
- About $1,507 a month: the median of the typical rents in 1 ZIP code, which range from $1,507. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Norman, IN?
- Owner-occupied homes in Jackson County pay a typical 0.49% 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 Norman rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).