FY2026 Fair Market Rents — Delaware County
Studio
$803
1BR
$845
2BR
$1,043
3BR
$1,349
4BR
$1,685
Delaware County, Indiana
FIPS 18035 · County-level FMR and income limit data
FMR Area: Muncie, IN MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $803 | $9,636 |
| 1-Bedroom | $845 | $10,140 |
| 2-Bedroom | $1,043 | $12,516 |
| 3-Bedroom | $1,349 | $16,188 |
| 4-Bedroom | $1,685 | $20,220 |
To afford the FY2026 2-bedroom FMR of $1,043/mo under the 30%-of-income rule, a household needs about
$41,720/yr ($3,477/mo). Area Median Income is $79,600.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $803 | $845 | $1,043 | $1,349 | $1,685 |
| FY2025 | $736 | $802 | $982 | $1,289 | $1,492 |
| FY2024 | $708 | $784 | $952 | $1,280 | $1,383 |
| FY2023 | $643 | $693 | $851 | $1,148 | $1,203 |
| FY2022 | $565 | $598 | $756 | $1,016 | $1,094 |
| FY2021 | $562 | $578 | $742 | $973 | $1,103 |
| FY2020 | $567 | $573 | $747 | $965 | $1,151 |
FY2026 Income Limits
Area Median Income: $79,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,850 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,700 | $33,950 | $38,200 | $42,400 | $45,800 | $49,200 |
| 80% AMI | $47,500 | $54,300 | $61,100 | $67,850 | $73,300 | $78,750 |