HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Gibson County, Indiana (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Gibson County is $1,001 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,001
FY 2026, utilities included
Payment standard range
$901 to $1,101
90% to 110% of FMR
Income to afford 2BR
$40,040
per year, at 30% of income
Rank in Indiana
50th of 92
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Gibson moves to $1,083. That's up 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Gibson actually rent for?
Search any address in Gibson 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 | $766 | $689 to $843 | $30,640 | $14.73/hr | +0.8% |
| 1 bedroom | $771 | $694 to $848 | $30,840 | $14.83/hr | +0.9% |
| 2 bedroom | $1,001 | $901 to $1,101 | $40,040 | $19.25/hr | +2.9% |
| 3 bedroom | $1,262 | $1,136 to $1,388 | $50,480 | $24.27/hr | +3.6% |
| 4 bedroom | $1,361 | $1,225 to $1,497 | $54,440 | $26.17/hr | +5.5% |
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 | $1,565 | $1,409 to $1,722 |
| 6 bedroom Estimate | $1,769 | $1,592 to $1,946 |
| 7 bedroom Estimate | $1,973 | $1,776 to $2,170 |
| 8 bedroom Estimate | $2,178 | $1,960 to $2,396 |
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 Gibson, that runs from $766 for a studio up to $1,361 for four bedrooms, all five rates in the table above.
Because Gibson 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, Haubstadt included.
Among Indiana's 92 counties, Gibson ranks 50th for two-bedroom FMR. That's within a couple percent of the state median of $1,009 and within a couple percent of the national median county at $1,018. About 33,006 people live here, 52nd 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 47640 (Hazleton) and $1,130 in 47649 (Francisco), with the 11 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 Gibson somewhere between $901 and $1,101. 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.
$1,001 a month is affordable, by HUD's 30% rule, on an income of roughly $40,040 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% ($901) | HAP at 100% ($1,001) | HAP at 110% ($1,101) |
|---|---|---|---|---|
| $2,500 | $750 | $151 | $251 | $351 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 3% from FY 2025 ($973) to FY 2026 ($1,001). Since FY 2020 it's up 40% in total, about 5.8% 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 | $597 | $600 | $714 | $934 | $967 | — |
| FY 2021 | $607 | $611 | $732 | $989 | $993 | +2.5% |
| FY 2022 | $619 | $623 | $738 | $997 | $1,001 | +0.8% |
| FY 2023 | $690 | $694 | $826 | $1,105 | $1,110 | +11.9% |
| FY 2024 | $723 | $727 | $883 | $1,172 | $1,176 | +6.9% |
| FY 2025 | $760 | $764 | $973 | $1,218 | $1,290 | +10.2% |
| FY 2026 | $766 | $771 | $1,001 | $1,262 | $1,361 | +2.9% |
| FY 2027 | $822 | $828 | $1,083 | $1,364 | $1,524 | +8.2% |
Nearby counties
Questions people ask
$1,001 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $766 for a studio, $771 for one bedroom, $1,262 for three and $1,361 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 Gibson actually go for?
HUD's number is one input. Search any address in Gibson for a rent estimate built from nearby comps. 3 free searches, no card.
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