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HUD Fair Market Rent · FY 2026

Fair Market Rent in Indiana by county (FY 2026)

Indiana has 92 counties, and HUD sets a Fair Market Rent for every one of them. For FY 2026 the median two-bedroom is $1,009. The highest is Boone County at $1,473, the lowest Wayne County at $956.

Median 2BR

$1,009

Highest 2BR

$1,473

Boone County

Lowest 2BR

$956

Wayne County

Counties

92

44 in metro areas

Indiana's two-bedroom fair market rent comes in at $1,009 for FY 2026, just under the national median of $1,018. Boone County, inside the Indianapolis-Carmel metro, tops the state at $1,473. Wayne County sits at the bottom with $956. Nine counties share that Indianapolis-Carmel metro designation, and that's where the real variation shows up. Boone County's own ZIP-level Small Area FMRs run from $1,230 to $2,150, a spread of $920 inside one county. Indiana has 92 counties total, and 44 of them carry a metro rate. Renting near Indianapolis? The county number only gets you in the ballpark. Pull the ZIP-level rate before you set a price.

44 of the 92 counties sit inside a HUD metro area and share that metro's rate. The other 48 get a county rate built from their own rents. The Indiana median of $1,009 is within a couple percent of the national median county ($1,018). HUD also publishes ZIP-level Small Area FMRs covering 92 of the 92 counties, which is where the real variation shows up. Pick a county below for the full studio-to-four-bedroom table, payment standard ranges and ZIP rates.

The median two-bedroom moved up 2% from FY 2025. 81 counties went up, 11 went down, and the rest held.

HUD has already published FY 2027, effective October 1, 2026. Two-bedroom rates go up in 91 counties, down in 1, and hold in the rest. The table shows both years.

Fair Market Rent by county

County
Area
Studio
1 BR
2 BR
3 BR
4 BR
YoYFY 2027 2BR
Population
Boone CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,53671,235
Brown CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,53615,513
Hamilton CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,536349,527
Hancock CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,53680,170
Hendricks CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,536175,639
Johnson CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,536161,952
Marion CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,536971,737
Morgan CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,53671,757
Shelby CountyMetro$1,118$1,267$1,473$1,907$2,338+14.8%$1,53644,940
Bartholomew CountyMetro$1,233$1,257$1,415$1,697$2,000+11.6%$1,49382,371
Dearborn CountyMetro$958$1,051$1,353$1,785$1,976+5.1%$1,44250,709
Ohio CountyMetro$958$1,051$1,353$1,785$1,976+5.1%$1,4425,974
Lake CountyMetro$959$1,082$1,317$1,612$1,744+10.0%$1,429497,682
Newton CountyMetro$959$1,082$1,317$1,612$1,744+10.0%$1,42913,829
Porter CountyMetro$959$1,082$1,317$1,612$1,744+10.0%$1,429173,355
St. Joseph CountyMetro$898$1,105$1,292$1,567$1,711+18.0%$1,276272,388
Clark CountyMetro$966$1,047$1,272$1,625$1,891-4.4%$1,276121,484
Floyd CountyMetro$966$1,047$1,272$1,625$1,891-4.4%$1,27680,191
Harrison CountyMetro$966$1,047$1,272$1,625$1,891-4.4%$1,27639,684
Benton CountyMetro$894$1,032$1,242$1,489$1,992+7.0%$1,2738,709
Tippecanoe CountyMetro$894$1,032$1,242$1,489$1,992+7.0%$1,273186,955
Monroe CountyMetro$966$1,072$1,210$1,572$1,906-1.1%$1,252140,065
Madison CountyMetro$898$919$1,206$1,594$1,597+14.4%$1,331130,545
Elkhart CountyMetro$968$992$1,183$1,553$1,581+12.1%$1,253206,841
Jasper CountyMetro$889$895$1,174$1,535$1,554+1.3%$1,34933,045
LaPorte CountyMetro$874$953$1,152$1,454$1,680+11.2%$1,245112,215
Kosciusko CountyRural$875$881$1,142$1,385$1,560+6.1%$1,16280,442
Howard CountyMetro$884$890$1,123$1,388$1,567+10.2%$1,17983,452
Franklin CountyMetro$796$861$1,117$1,473$1,479+6.2%$1,14822,850
Allen CountyMetro$892$916$1,113$1,381$1,512-7.2%$1,248385,456
Posey CountyMetro$853$860$1,113$1,370$1,539+5.6%$1,12725,226
Vanderburgh CountyMetro$853$860$1,113$1,370$1,539+5.6%$1,127179,900
Warrick CountyMetro$853$860$1,113$1,370$1,539+5.6%$1,12764,065
Whitley CountyMetro$892$916$1,113$1,381$1,512-7.2%$1,24834,259
Tipton CountyMetro$840$845$1,109$1,330$1,725+16.5%$1,23915,328
Clay CountyMetro$859$864$1,094$1,312$1,535+9.9%$1,16426,396
Vermillion CountyMetro$859$864$1,094$1,312$1,535+9.9%$1,16415,488
Vigo CountyMetro$859$864$1,094$1,312$1,535+9.9%$1,164106,355
Decatur CountyRural$768$816$1,071$1,284$1,418+0.9%$1,11226,432
Jackson CountyRural$802$807$1,059$1,328$1,402+0.6%$1,14246,212
Delaware CountyMetro$803$845$1,043$1,349$1,685+6.2%$1,145112,156
Steuben CountyRural$784$790$1,036$1,337$1,372+2.7%$1,10234,507
Putnam CountyRural$738$843$1,030$1,390$1,634-1.8%$1,05636,942
White CountyRural$738$785$1,030$1,235$1,364+4.6%$1,13424,630
Sullivan CountyMetro$758$783$1,028$1,251$1,720+9.2%$1,06720,791
Scott CountyRural$723$769$1,009$1,348$1,353-0.1%$1,04724,403
Marshall CountyRural$722$824$1,008$1,225$1,335+6.1%$1,08846,208
Clinton CountyRural$731$804$1,007$1,328$1,343+2.2%$1,06333,020
Daviess CountyRural$719$764$1,003$1,243$1,328+5.0%$1,09033,337
Gibson CountyRural$766$771$1,001$1,262$1,361+2.9%$1,08333,006
Wells CountyMetro$750$755$991$1,203$1,393+5.4%$1,10228,167
Washington CountyMetro$749$753$988$1,185$1,308-0.8%$1,01428,133
Ripley CountyRural$681$752$987$1,302$1,307+4.6%$1,05328,990
LaGrange CountyRural$740$745$977$1,171$1,294+3.4%$1,03940,364
Carroll CountyMetro$709$742$973$1,219$1,328+4.8%$1,02720,397
Jefferson CountyRural$669$818$971$1,201$1,524+4.3%$1,04133,057
Noble CountyRural$682$737$967$1,159$1,622+1.6%$1,02347,431
Montgomery CountyRural$802$807$966$1,281$1,399+2.9%$1,04638,018
Parke CountyRural$691$735$964$1,272$1,276-2.8%$1,01416,327
Fulton CountyRural$689$733$962$1,153$1,274+3.7%$1,03420,420
Jennings CountyRural$689$732$961$1,337$1,567+3.6%$1,04027,610
DeKalb CountyRural$688$732$960$1,195$1,271+3.4%$1,02343,312
Adams CountyRural$695$872$956$1,227$1,266+3.0%$1,01435,827
Blackford CountyRural$685$766$956$1,268$1,555+3.0%$1,01412,074
Cass CountyRural$791$796$956$1,278$1,282+3.0%$1,01437,820
Crawford CountyRural$685$852$956$1,330$1,508+3.0%$1,01410,511
Dubois CountyRural$685$729$956$1,328$1,604+3.0%$1,01443,584
Fayette CountyRural$659$754$956$1,184$1,266+3.0%$1,01423,391
Fountain CountyRural$685$729$956$1,178$1,604+3.0%$1,01416,468
Grant CountyRural$698$767$956$1,257$1,412+3.0%$1,01466,560
Greene CountyRural$724$729$956$1,206$1,330+3.0%$1,01430,900
Henry CountyRural$771$775$956$1,146$1,266+3.0%$1,01448,913
Huntington CountyRural$685$731$956$1,239$1,483+3.0%$1,01436,699
Jay CountyRural$685$729$956$1,261$1,266+3.0%$1,01420,451
Knox CountyRural$725$729$956$1,212$1,266+3.0%$1,01436,148
Lawrence CountyRural$685$729$956$1,146$1,447+3.0%$1,02645,113
Martin CountyRural$685$729$956$1,146$1,287+3.0%$1,0149,863
Miami CountyRural$685$773$956$1,146$1,358+3.0%$1,01435,952
Orange CountyRural$685$729$956$1,330$1,564+3.0%$1,01419,768
Owen CountyMetro$770$798$956$1,155$1,509+0.2%$1,01421,361
Perry CountyRural$683$729$956$1,200$1,604+3.0%$1,01419,186
Pike CountyRural$685$729$956$1,330$1,347+3.0%$1,01412,227
Pulaski CountyRural$685$872$956$1,330$1,604+3.0%$1,01412,498
Randolph CountyRural$675$841$956$1,261$1,266+3.0%$1,01424,586
Rush CountyRural$685$762$956$1,146$1,266+3.0%$1,01416,716
Spencer CountyRural$659$729$956$1,330$1,382+3.0%$1,01419,935
Starke CountyRural$685$729$956$1,151$1,517+3.0%$1,01423,308
Switzerland CountyRural$685$729$956$1,280$1,287+3.0%$1,0299,896
Union CountyRural$685$729$956$1,220$1,477-6.8%$1,0147,041
Wabash CountyRural$685$729$956$1,146$1,266+3.0%$1,01431,032
Warren CountyMetro$688$845$956$1,330$1,376+3.0%$1,0148,454
Wayne CountyRural$724$729$956$1,191$1,266+1.9%$1,01466,522

92 counties. HUD publishes studio through 4 bedroom rates. Tap a county for payment standards, ZIP-level rates and income needed.

Questions people ask

It depends on the county. For FY 2026 the median two-bedroom FMR across Indiana's 92 counties is $1,009, ranging from $956 in Wayne County to $1,473 in Boone County. Every county's full table is linked on this page.

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