FY2026 Fair Market Rents — Decatur County
Studio
$768
1BR
$816
2BR
$1,071
3BR
$1,284
4BR
$1,418
Decatur County, Indiana
FIPS 18031 · County-level FMR and income limit data
FMR Area: Decatur County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $768 | $9,216 |
| 1-Bedroom | $816 | $9,792 |
| 2-Bedroom | $1,071 | $12,852 |
| 3-Bedroom | $1,284 | $15,408 |
| 4-Bedroom | $1,418 | $17,016 |
To afford the FY2026 2-bedroom FMR of $1,071/mo under the 30%-of-income rule, a household needs about
$42,840/yr ($3,570/mo). Area Median Income is $93,300.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 114 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $768 | $816 | $1,071 | $1,284 | $1,418 |
| FY2025 | $746 | $809 | $1,061 | $1,278 | $1,407 |
| FY2024 | $686 | $751 | $987 | $1,193 | $1,327 |
| FY2023 | $671 | $732 | $963 | $1,172 | $1,294 |
| FY2022 | $598 | $651 | $857 | $1,059 | $1,162 |
| FY2021 | $598 | $649 | $855 | $1,063 | $1,159 |
| FY2020 | $580 | $631 | $828 | $1,048 | $1,122 |
FY2026 Income Limits
Area Median Income: $93,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,600 | $22,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,700 | $37,350 | $42,000 | $46,650 | $50,400 | $54,150 |
| 80% AMI | $52,300 | $59,750 | $67,200 | $74,650 | $80,650 | $86,600 |