HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Jennings County, Indiana (FY 2026)
A two-bedroom in Jennings County carries a FY 2026 Fair Market Rent of $961 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Jennings keys off that figure.
2 bedroom FMR
$961
FY 2026, utilities included
Payment standard range
$865 to $1,057
90% to 110% of FMR
Income to afford 2BR
$38,440
per year, at 30% of income
Rank in Indiana
61st of 92
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Jennings moves to $1,040. 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 Jennings actually rent for?
Search any address in Jennings 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 | +1.6% |
| 1 bedroom | $732 | $659 to $805 | $29,280 | $14.08/hr | +3.5% |
| 2 bedroom | $961 | $865 to $1,057 | $38,440 | $18.48/hr | +3.6% |
| 3 bedroom | $1,337 | $1,203 to $1,471 | $53,480 | $25.71/hr | +2.8% |
| 4 bedroom | $1,567 | $1,410 to $1,724 | $62,680 | $30.13/hr | +1.9% |
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 | $1,802 | $1,622 to $1,982 |
| 6 bedroom Estimate | $2,037 | $1,833 to $2,241 |
| 7 bedroom Estimate | $2,272 | $2,045 to $2,499 |
| 8 bedroom Estimate | $2,507 | $2,256 to $2,758 |
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 Jennings, that runs from $689 for a studio up to $1,567 for four bedrooms, all five rates in the table above.
Because Jennings 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, Butlerville included.
Among Indiana's 92 counties, Jennings ranks 61st 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 27,610 people live here, 58th 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 47227 (Commiskey) and $1,150 in 47273 (Scipio), 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 Jennings somewhere between $865 and $1,057. 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.
$961 a month is affordable, by HUD's 30% rule, on an income of roughly $38,440 a year. Put another way, $18 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% ($865) | HAP at 100% ($961) | HAP at 110% ($1,057) |
|---|---|---|---|---|
| $2,500 | $750 | $115 | $211 | $307 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($928) to FY 2026 ($961). Since FY 2020 it's up 31% in total, about 4.5% 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 | $516 | $559 | $736 | $993 | $997 | — |
| FY 2021 | $569 | $572 | $750 | $1,039 | $1,067 | +1.9% |
| FY 2022 | $569 | $572 | $748 | $1,019 | $1,178 | -0.3% |
| FY 2023 | $631 | $635 | $836 | $1,152 | $1,394 | +11.8% |
| FY 2024 | $630 | $657 | $863 | $1,216 | $1,447 | +3.2% |
| FY 2025 | $678 | $707 | $928 | $1,300 | $1,538 | +7.5% |
| FY 2026 | $689 | $732 | $961 | $1,337 | $1,567 | +3.6% |
| FY 2027 | $778 | $795 | $1,040 | $1,385 | $1,411 | +8.2% |
Nearby counties
Jefferson County
$97116 mi · pop 33,057
Bartholomew County
$1,41520 mi · pop 82,371
Scott County
$1,00920 mi · pop 24,403
Jackson County
$1,05923 mi · pop 46,212
Ripley County
$98725 mi · pop 28,990
Decatur County
$1,07126 mi · pop 26,432
Clark County
$1,27237 mi · pop 121,484
Switzerland County
$95637 mi · pop 9,896
Questions people ask
$961 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $689 for a studio, $732 for one bedroom, $1,337 for three and $1,567 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 Jennings actually go for?
HUD's number is one input. Search any address in Jennings for a rent estimate built from nearby comps. 3 free searches, no card.
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