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

The HUD Fair Market Rent for a 2-bedroom unit in Terre Haute, IN HUD Metro FMR Area is $1,094 per month for fiscal year 2026. The studio FMR is $859, 1-bedroom is $864, 3-bedroom is $1,312, and 4-bedroom is $1,535.

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

Using the standard 30%-of-income affordability rule, a household would need to earn about $43,760 per year ($3,647 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,094 in Terre Haute, IN HUD Metro FMR Area.

FY2026 Fair Market Rents — Terre Haute, IN HUD Metro FMR Area

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

Studio

$859

1BR

$864

2BR

$1,094

3BR

$1,312

4BR

$1,535

Hours/week at min wage

117 hrs

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

National rank

#471

of 661 U.S. metros (top 72% most expensive)

YoY change (2BR)

+9.9%

+$99 vs FY2025 · 5-yr +37.6%

Voucher payment standard

$985–$1,203

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

Terre Haute, 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)	$859	$10,308
1-Bedroom	$864	$10,368
2-Bedroom	$1,094	$13,128
3-Bedroom	$1,312	$15,744
4-Bedroom	$1,535	$18,420

Recent 2-Bedroom FMR Trend

FY2020 $788 → FY2026 $1,094

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$859	$864	$1,094	$1,312	$1,535
FY2025	$783	$788	$995	$1,199	$1,393
FY2024	$741	$766	$964	$1,166	$1,398
FY2023	$647	$684	$860	$1,047	$1,294
FY2022	$565	$629	$782	$976	$1,232
FY2021	$546	$636	$795	$1,010	$1,229
FY2020	$513	$625	$788	$1,008	$1,183

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $71,400

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

$13,128/yr

FMR as % of Area Median Income

18.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$43,760/yr

$3,647/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	$624	$714	$803	$963	$1,035
60% AMI Maximum	$749	$856	$963	$1,156	$1,242

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	$859	$864	$1,094	$1,160	$1,160
Low HOME Rent	$742	$848	$955	$1,060	$1,145

Compare Terre Haute, 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

Clay County Vermillion County Vigo County