FY2026 Fair Market Rents — LaGrange County
Studio
$740
1BR
$745
2BR
$977
3BR
$1,171
4BR
$1,294
LaGrange County, Indiana
FIPS 18087 · County-level FMR and income limit data
FMR Area: LaGrange County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $740 | $8,880 |
| 1-Bedroom | $745 | $8,940 |
| 2-Bedroom | $977 | $11,724 |
| 3-Bedroom | $1,171 | $14,052 |
| 4-Bedroom | $1,294 | $15,528 |
To afford the FY2026 2-bedroom FMR of $977/mo under the 30%-of-income rule, a household needs about
$39,080/yr ($3,257/mo). Area Median Income is $97,400.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $740 | $745 | $977 | $1,171 | $1,294 |
| FY2025 | $716 | $720 | $945 | $1,184 | $1,253 |
| FY2024 | $652 | $657 | $863 | $1,139 | $1,149 |
| FY2023 | $578 | $630 | $829 | $1,143 | $1,150 |
| FY2022 | $515 | $561 | $738 | $1,018 | $1,060 |
| FY2021 | $512 | $564 | $732 | $1,033 | $1,176 |
| FY2020 | $500 | $571 | $714 | $1,009 | $1,217 |
FY2026 Income Limits
Area Median Income: $97,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |