FY2026 Fair Market Rents — Henry County
Studio
$771
1BR
$775
2BR
$956
3BR
$1,146
4BR
$1,266
Henry County, Indiana
FIPS 18065 · County-level FMR and income limit data
FMR Area: Henry County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $771 | $9,252 |
| 1-Bedroom | $775 | $9,300 |
| 2-Bedroom | $956 | $11,472 |
| 3-Bedroom | $1,146 | $13,752 |
| 4-Bedroom | $1,266 | $15,192 |
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 $81,300.
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 | $771 | $775 | $956 | $1,146 | $1,266 |
| FY2025 | $729 | $733 | $928 | $1,128 | $1,248 |
| FY2024 | $678 | $682 | $863 | $1,083 | $1,204 |
| FY2023 | $648 | $652 | $826 | $1,071 | $1,128 |
| FY2022 | $510 | $591 | $738 | $977 | $1,008 |
| FY2021 | $490 | $595 | $742 | $989 | $1,006 |
| FY2020 | $502 | $580 | $717 | $958 | $1,009 |
FY2026 Income Limits
Area Median Income: $81,300
| 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 |