FY2026 Fair Market Rents — Fountain County
Studio
$685
1BR
$729
2BR
$956
3BR
$1,178
4BR
$1,604
Fountain County, Indiana
FIPS 18045 · County-level FMR and income limit data
FMR Area: Fountain County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $685 | $8,220 |
| 1-Bedroom | $729 | $8,748 |
| 2-Bedroom | $956 | $11,472 |
| 3-Bedroom | $1,178 | $14,136 |
| 4-Bedroom | $1,604 | $19,248 |
To afford the FY2026 2-bedroom FMR of $956/mo under the 30%-of-income rule, a household needs about
$38,240/yr ($3,187/mo). Area Median Income is $75,800.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 102 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $685 | $729 | $956 | $1,178 | $1,604 |
| FY2025 | $652 | $707 | $928 | $1,134 | $1,558 |
| FY2024 | $600 | $657 | $863 | $1,053 | $1,393 |
| FY2023 | $576 | $645 | $826 | $1,025 | $1,242 |
| FY2022 | $515 | $575 | $738 | $915 | $1,001 |
| FY2021 | $512 | $566 | $732 | $910 | $993 |
| FY2020 | $514 | $557 | $734 | $915 | $994 |
FY2026 Income Limits
Area Median Income: $75,800
| 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 |