FY2026 Fair Market Rents — Allen County
Studio
$892
1BR
$916
2BR
$1,113
3BR
$1,381
4BR
$1,512
Allen County, Indiana
FIPS 18003 · County-level FMR and income limit data
FMR Area: Fort Wayne, IN MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $892 | $10,704 |
| 1-Bedroom | $916 | $10,992 |
| 2-Bedroom | $1,113 | $13,356 |
| 3-Bedroom | $1,381 | $16,572 |
| 4-Bedroom | $1,512 | $18,144 |
To afford the FY2026 2-bedroom FMR of $1,113/mo under the 30%-of-income rule, a household needs about
$44,520/yr ($3,710/mo). Area Median Income is $95,100.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 119 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $892 | $916 | $1,113 | $1,381 | $1,512 |
| FY2025 | $943 | $991 | $1,199 | $1,512 | $1,632 |
| FY2024 | $826 | $895 | $1,089 | $1,379 | $1,499 |
| FY2023 | $658 | $743 | $911 | $1,161 | $1,266 |
| FY2022 | $565 | $665 | $822 | $1,048 | $1,151 |
| FY2021 | $526 | $632 | $784 | $1,003 | $1,108 |
| FY2020 | $511 | $611 | $767 | $988 | $1,084 |
FY2026 Income Limits
Area Median Income: $95,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,000 | $22,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,300 | $38,050 | $42,800 | $47,550 | $51,400 | $55,200 |
| 80% AMI | $53,300 | $60,900 | $68,500 | $76,100 | $82,200 | $88,300 |