FY2026 Fair Market Rents — Knox County
Studio
$725
1BR
$729
2BR
$956
3BR
$1,212
4BR
$1,266
Knox County, Indiana
FIPS 18083 · County-level FMR and income limit data
FMR Area: Knox County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $725 | $8,700 |
| 1-Bedroom | $729 | $8,748 |
| 2-Bedroom | $956 | $11,472 |
| 3-Bedroom | $1,212 | $14,544 |
| 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 $85,400.
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 | $725 | $729 | $956 | $1,212 | $1,266 |
| FY2025 | $652 | $707 | $928 | $1,145 | $1,230 |
| FY2024 | $619 | $677 | $890 | $1,076 | $1,185 |
| FY2023 | $592 | $645 | $849 | $1,033 | $1,141 |
| FY2022 | $569 | $573 | $754 | $932 | $1,022 |
| FY2021 | $587 | $591 | $779 | $992 | $1,056 |
| FY2020 | $578 | $582 | $766 | $1,022 | $1,038 |
FY2026 Income Limits
Area Median Income: $85,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,950 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,900 | $34,200 | $38,450 | $42,700 | $46,150 | $49,550 |
| 80% AMI | $47,850 | $54,650 | $61,500 | $68,300 | $73,800 | $79,250 |