HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Blackford County, Indiana (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Blackford County is $1,014 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,014
+6.1% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Indiana
64th of 92
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $759 | $683–$835 | $30,360 | $14.60/hr | +10.8% |
| 1 bedroom | $775 | $698–$853 | $31,000 | $14.90/hr | +1.2% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +6.1% |
| 3 bedroom | $1,373 | $1,236–$1,510 | $54,920 | $26.40/hr | +8.3% |
| 4 bedroom | $1,589 | $1,430–$1,748 | $63,560 | $30.56/hr | +2.2% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,827 | $1,644–$2,010 |
| 6 bedroom Estimate | $2,066 | $1,859–$2,273 |
| 7 bedroom Estimate | $2,304 | $2,074–$2,534 |
| 8 bedroom Estimate | $2,542 | $2,288–$2,796 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Blackford actually rent for?
Search any address in Blackford for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Blackford somewhere between $913 and $1,115. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 6% from FY 2026 ($956) to FY 2027 ($1,014). Since FY 2020 it's up 42% in total, about 5.1% a year. The Indiana median moved up 8% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $500 | $578 | $714 | $952 | $1,092 | — |
| FY 2021 | $512 | $611 | $732 | $948 | $1,178 | +2.5% |
| FY 2022 | $515 | $634 | $738 | $949 | $1,200 | +0.8% |
| FY 2023 | $576 | $727 | $826 | $1,056 | $1,351 | +11.9% |
| FY 2024 | $600 | $761 | $863 | $1,114 | $1,391 | +4.5% |
| FY 2025 | $652 | $785 | $928 | $1,176 | $1,462 | +7.5% |
| FY 2026 | $685 | $766 | $956 | $1,268 | $1,555 | +3.0% |
| FY 2027In effect | $759 | $775 | $1,014 | $1,373 | $1,589 | +6.1% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Blackford, that runs from $759 for a studio up to $1,589 for four bedrooms, all five rates in the table above.
Because Blackford sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Hartford City included.
Among Indiana's 92 counties, Blackford ranks 64th for two-bedroom FMR. That's about 7% below the state median of $1,086 and about 5% below the national median county at $1,063. About 11,950 people live here, 85th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 2 ZIP codes it covers in Blackford, the two-bedroom rate is $1,010 across the board, so there's no ZIP-level story here.
Nearby counties
Two-bedroom FMR, with how each compares to Blackford.
Jay County
15 mi · 20,229 people
$1,014
same rate
Wells County
16 mi · 28,420 people
$1,102
+9%
Grant County
17 mi · 66,295 people
$1,014
same rate
Delaware County
21 mi · 112,280 people
$1,145
+13%
Adams County
25 mi · 36,227 people
$1,014
same rate
Huntington County
26 mi · 36,798 people
$1,014
same rate
Randolph County
28 mi · 24,387 people
$1,014
same rate
Madison County
33 mi · 131,900 people
$1,331
+31%
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $759 for a studio, $775 for one bedroom, $1,373 for three and $1,589 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Blackford actually go for?
HUD's number is one input. Search any address in Blackford for a rent estimate built from nearby comps. Free to start, no card.
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