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

The HUD Fair Market Rent for a 2-bedroom unit in Bloomington, IN HUD Metro FMR Area is $1,210 per month for fiscal year 2026. The studio FMR is $966, 1-bedroom is $1,072, 3-bedroom is $1,572, and 4-bedroom is $1,906.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $48,400 per year ($4,033 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,210 in Bloomington, IN HUD Metro FMR Area.

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

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

Studio

$966

1BR

$1,072

2BR

$1,210

3BR

$1,572

4BR

$1,906

Hours/week at min wage

129 hrs

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

YoY change (2BR)

-1.1%

$13 vs FY2025 · 5-yr +30.5%

Voucher payment standard

$1,089–$1,331

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

Bloomington, 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)	$966	$11,592
1-Bedroom	$1,072	$12,864
2-Bedroom	$1,210	$14,520
3-Bedroom	$1,572	$18,864
4-Bedroom	$1,906	$22,872

Recent 2-Bedroom FMR Trend

FY2020 $879 → FY2026 $1,210

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$966	$1,072	$1,210	$1,572	$1,906
FY2025	$958	$1,080	$1,223	$1,618	$1,926
FY2024	$848	$979	$1,126	$1,549	$1,814
FY2023	$817	$957	$1,124	$1,573	$1,864
FY2022	$706	$803	$971	$1,369	$1,662
FY2021	$681	$748	$927	$1,274	$1,605
FY2020	$646	$689	$879	$1,175	$1,543

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $109,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$23,100	$26,400	$29,700	$33,000	$38,680	$44,360
50% AMI (Very Low)	$38,500	$44,000	$49,500	$54,950	$59,350	$63,750
80% AMI (Low)	$61,550	$70,350	$79,150	$87,900	$94,950	$102,000

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,520/yr

FMR as % of Area Median Income

13.2% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$48,400/yr

$4,033/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	$961	$1,099	$1,236	$1,483	$1,593
60% AMI Maximum	$1,153	$1,318	$1,483	$1,780	$1,912

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	$966	$1,072	$1,210	$1,572	$1,785
Low HOME Rent	$962	$1,100	$1,237	$1,373	$1,483

Compare Bloomington, 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