What is the Fair Market Rent for a 2-bedroom in Anderson, IN HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Anderson, IN HUD Metro FMR Area is $1,206 per month for fiscal year 2026. The studio FMR is $898, 1-bedroom is $919, 3-bedroom is $1,594, and 4-bedroom is $1,597.

What income do you need to afford the FMR in Anderson, IN HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $48,240 per year ($4,020 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,206 in Anderson, IN HUD Metro FMR Area.

FY2026 Fair Market Rents — Anderson, IN HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$898

1BR

$919

2BR

$1,206

3BR

$1,594

4BR

$1,597

Hours/week at min wage

128 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

YoY change (2BR)

+14.4%

+$152 vs FY2025 · 5-yr +50%

Voucher payment standard

$1,085–$1,327

PHAs set HCV payment at 90–110% of the 2BR FMR

Anderson, IN HUD Metro FMR Area

Non-Metropolitan area · IN · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$898	$10,776
1-Bedroom	$919	$11,028
2-Bedroom	$1,206	$14,472
3-Bedroom	$1,594	$19,128
4-Bedroom	$1,597	$19,164

Recent 2-Bedroom FMR Trend

FY2020 $806 → FY2026 $1,206

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$898	$919	$1,206	$1,594	$1,597
FY2025	$759	$803	$1,054	$1,379	$1,397
FY2024	$793	$868	$1,140	$1,468	$1,518
FY2023	$638	$696	$908	$1,160	$1,220
FY2022	$559	$613	$796	$1,017	$1,079
FY2021	$558	$619	$804	$1,038	$1,104
FY2020	$543	$624	$806	$1,050	$1,144

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $83,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$17,850	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$29,700	$33,950	$38,200	$42,400	$45,800	$49,200
80% AMI (Low)	$47,500	$54,300	$61,100	$67,850	$73,300	$78,750

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,472/yr

FMR as % of Area Median Income

17.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$48,240/yr

$4,020/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$729	$834	$938	$1,125	$1,209
60% AMI Maximum	$875	$1,000	$1,125	$1,351	$1,451

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$898	$919	$1,206	$1,355	$1,355
Low HOME Rent	$742	$848	$955	$1,060	$1,145

Compare Anderson, IN HUD Metro FMR Area With Other IN Metros

vs. Anderson, IN HUD Metro FMR Area vs. Bloomington, IN HUD Metro FMR Area vs. Carroll County, IN HUD Metro FMR Area vs. Cincinnati, OH-KY-IN HUD Metro FMR Area vs. Columbus, IN MSA