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)
National rank
#353
of 661 U.S. metros (top 54% most expensive)
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
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. 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
vs. Elkhart-Goshen, IN MSA