HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Vigo County, Indiana (FY 2027)
$1,164 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Vigo County, and it's the baseline every voucher in Vigo is measured against.
Two-bedroom FMR
$1,164
+6.4% from FY 2026
Payment standard
$1,048–$1,280
90% to 110% of the FMR, two-bedroom
Income to afford
$46,560
a year, with rent at 30% of income
Rank in Indiana
33rd 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 | $890 | $801–$979 | $35,600 | $17.12/hr | +3.6% |
| 1 bedroom | $896 | $806–$986 | $35,840 | $17.23/hr | +3.7% |
| 2 bedroom | $1,164 | $1,048–$1,280 | $46,560 | $22.38/hr | +6.4% |
| 3 bedroom | $1,387 | $1,248–$1,526 | $55,480 | $26.67/hr | +5.7% |
| 4 bedroom | $1,610 | $1,449–$1,771 | $64,400 | $30.96/hr | +4.9% |
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 | $1,852 | $1,667–$2,037 |
| 6 bedroom Estimate | $2,093 | $1,884–$2,302 |
| 7 bedroom Estimate | $2,335 | $2,102–$2,569 |
| 8 bedroom Estimate | $2,576 | $2,318–$2,834 |
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 Vigo actually rent for?
Search any address in Vigo 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 Vigo somewhere between $1,048 and $1,280. 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.
$1,164 a month is affordable, by HUD's 30% rule, on an income of roughly $46,560 a year. Put another way, $22 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%$1,048 | Voucher pays at 100%$1,164 | Voucher pays at 110%$1,280 |
|---|---|---|---|---|
| $2,500 | $750 | $298 | $414 | $530 |
| $4,000 | $1,200 | $0 | $0 | $80 |
Rate history
The two-bedroom rate went up 6% from FY 2026 ($1,094) to FY 2027 ($1,164). Since FY 2020 it's up 48% in total, about 5.7% 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 | $513 | $625 | $788 | $1,008 | $1,183 | — |
| FY 2021 | $546 | $636 | $795 | $1,010 | $1,229 | +0.9% |
| FY 2022 | $565 | $629 | $782 | $976 | $1,232 | -1.6% |
| FY 2023 | $647 | $684 | $860 | $1,047 | $1,294 | +10.0% |
| FY 2024 | $741 | $766 | $964 | $1,166 | $1,398 | +12.1% |
| FY 2025 | $783 | $788 | $995 | $1,199 | $1,393 | +3.2% |
| FY 2026 | $859 | $864 | $1,094 | $1,312 | $1,535 | +9.9% |
| FY 2027In effect | $890 | $896 | $1,164 | $1,387 | $1,610 | +6.4% |
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 Vigo, that runs from $890 for a studio up to $1,610 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Vigo in with 2 other counties in the Terre Haute metro, Clay County, Vermillion County among them, and every one of them gets $1,164 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Indiana's 92 counties, Vigo ranks 33rd for two-bedroom FMR. That's about 7% above the state median of $1,086 and about 10% above the national median county at $1,063. About 106,109 people live here, 17th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 47863 (New Goshen) and $1,260 in 47866 (Pimento), with the 18 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 47801 | Terre Haute | $1,190 | +2.2% |
| 47802 | Terre Haute | $1,180 | +1.4% |
| 47803 | Terre Haute | $1,220 | +4.8% |
| 47804 | Terre Haute | $1,220 | +4.8% |
| 47805 | Terre Haute | $1,070 | -8.1% |
| 47807 | Terre Haute | $1,190 | +2.2% |
| 47808 | Terre Haute | $1,164County rate | — |
| 47809 | Terre Haute | $1,190 | +2.2% |
| 47851 | Fontanet | $1,190 | +2.2% |
| 47858 | Lewis | $1,060 | -8.9% |
| 47863 | New Goshen | $1,010 | -13.2% |
| 47866 | Pimento | $1,260 | +8.2% |
| 47869 | Prairie Creek | $1,190 | +2.2% |
| 47870 | Prairieton | $1,190 | +2.2% |
| 47871 | Riley | $1,240 | +6.5% |
| 47876 | Saint Mary Of The Woods | $1,010 | -13.2% |
| 47878 | Seelyville | $1,190 | +2.2% |
| 47880 | Shepardsville | $1,040 | -10.7% |
| 47885 | West Terre Haute | $1,010 | -13.2% |
Counties sharing the Terre Haute metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,164 two-bedroom figure as Vigo.
Nearby counties
Two-bedroom FMR, with how each compares to Vigo.
Clay County
15 mi · 26,409 people
$1,164
same rate
Parke County
22 mi · 16,406 people
$1,014
-13%
Sullivan County
24 mi · 20,780 people
$1,067
-8%
Vermillion County
25 mi · 15,421 people
$1,164
same rate
Owen County
31 mi · 21,604 people
$1,014
-13%
Putnam County
32 mi · 37,280 people
$1,056
-9%
Greene County
35 mi · 31,021 people
$1,014
-13%
Fountain County
47 mi · 16,617 people
$1,014
-13%
Questions people ask
$1,164 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $890 for a studio, $896 for one bedroom, $1,387 for three and $1,610 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 Vigo actually go for?
HUD's number is one input. Search any address in Vigo for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.