HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Fulton County, Indiana (FY 2026)
A two-bedroom in Fulton County carries a FY 2026 Fair Market Rent of $962 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Fulton keys off that figure.
2 bedroom FMR
$962
FY 2026, utilities included
Payment standard range
$866 to $1,058
90% to 110% of FMR
Income to afford 2BR
$38,480
per year, at 30% of income
Rank in Indiana
60th of 92
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Fulton moves to $1,034. That's up 7%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Fulton actually rent for?
Search any address in Fulton for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $689 | $620 to $758 | $27,560 | $13.25/hr | +5.7% |
| 1 bedroom | $733 | $660 to $806 | $29,320 | $14.10/hr | +3.7% |
| 2 bedroom | $962 | $866 to $1,058 | $38,480 | $18.50/hr | +3.7% |
| 3 bedroom | $1,153 | $1,038 to $1,268 | $46,120 | $22.17/hr | +3.1% |
| 4 bedroom | $1,274 | $1,147 to $1,401 | $50,960 | $24.50/hr | +3.6% |
5 to 8 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 | $1,465 | $1,319 to $1,612 |
| 6 bedroom Estimate | $1,656 | $1,490 to $1,822 |
| 7 bedroom Estimate | $1,847 | $1,662 to $2,032 |
| 8 bedroom Estimate | $2,038 | $1,834 to $2,242 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Fulton, that runs from $689 for a studio up to $1,274 for four bedrooms, all five rates in the table above.
Because Fulton 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, Akron included.
Among Indiana's 92 counties, Fulton ranks 60th for two-bedroom FMR. That's about 5% below the state median of $1,009 and about 6% below the national median county at $1,018. About 20,420 people live here, 71st in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $960 in 46912 (Athens) and $1,020 in 46910 (Akron), with the 7 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
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 Fulton somewhere between $866 and $1,058. 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.
$962 a month is affordable, by HUD's 30% rule, on an income of roughly $38,480 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($866) | HAP at 100% ($962) | HAP at 110% ($1,058) |
|---|---|---|---|---|
| $2,500 | $750 | $116 | $212 | $308 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($928) to FY 2026 ($962). Since FY 2020 it's up 35% in total, about 5.1% a year. The Indiana median moved up 2% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $501 | $627 | $715 | $891 | $969 | — |
| FY 2021 | $512 | $626 | $732 | $910 | $993 | +2.4% |
| FY 2022 | $515 | $595 | $738 | $912 | $1,001 | +0.8% |
| FY 2023 | $580 | $639 | $832 | $1,013 | $1,118 | +12.7% |
| FY 2024 | $602 | $658 | $865 | $1,046 | $1,152 | +4.0% |
| FY 2025 | $652 | $707 | $928 | $1,118 | $1,230 | +7.3% |
| FY 2026 | $689 | $733 | $962 | $1,153 | $1,274 | +3.7% |
| FY 2027 | $774 | $790 | $1,034 | $1,232 | $1,359 | +7.5% |
Nearby counties
Questions people ask
$962 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $689 for a studio, $733 for one bedroom, $1,153 for three and $1,274 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Fulton actually go for?
HUD's number is one input. Search any address in Fulton for a rent estimate built from nearby comps. 3 free searches, no card.
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