FY2026 Fair Market Rents — Putnam County, IN HUD Metro FMR Area

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

Studio
$738
1BR
$843
2BR
$1,030
3BR
$1,390
4BR
$1,634
Hours/week at min wage
110 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-1.8%
$19 vs FY2025 · 5-yr +35.2%
Voucher payment standard
$927–$1,133
PHAs set HCV payment at 90–110% of the 2BR FMR

Putnam County, 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) $738 $8,856
1-Bedroom $843 $10,116
2-Bedroom $1,030 $12,360
3-Bedroom $1,390 $16,680
4-Bedroom $1,634 $19,608

Recent 2-Bedroom FMR Trend

FY2020 $754 → FY2026 $1,030
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $738 $843 $1,030 $1,390 $1,634
FY2025 $745 $816 $1,049 $1,397 $1,636
FY2024 $827 $855 $1,124 $1,503 $1,729
FY2023 $663 $692 $901 $1,242 $1,409
FY2022 $589 $600 $769 $1,092 $1,197
FY2021 $572 $590 $762 $1,091 $1,156
FY2020 $570 $581 $754 $1,088 $1,101

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $93,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $19,650 $22,450 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $32,750 $37,400 $42,100 $46,750 $50,500 $54,250
80% AMI (Low) $52,400 $59,850 $67,350 $74,800 $80,800 $86,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$12,360/yr
FMR as % of Area Median Income
13.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$41,200/yr
$3,433/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 $818 $935 $1,051 $1,262 $1,355
60% AMI Maximum $981 $1,122 $1,262 $1,514 $1,626

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 $738 $843 $1,030 $1,390 $1,519
Low HOME Rent $818 $935 $1,052 $1,168 $1,262

Compare Putnam County, 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

Counties in This FMR Area

Putnam County

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