FY2026 Fair Market Rents — Lawrence County
Studio
$685
1BR
$729
2BR
$956
3BR
$1,146
4BR
$1,447
Lawrence County, Indiana
FIPS 18093 · County-level FMR and income limit data
FMR Area: Lawrence 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 | $1,146 | $13,752 |
| 4-Bedroom | $1,447 | $17,364 |
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 $90,600.
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 | $1,146 | $1,447 |
| FY2025 | $652 | $707 | $928 | $1,123 | $1,462 |
| FY2024 | $606 | $663 | $871 | $1,057 | $1,418 |
| FY2023 | $572 | $650 | $856 | $1,042 | $1,424 |
| FY2022 | $512 | $586 | $771 | $953 | $1,262 |
| FY2021 | $507 | $584 | $769 | $956 | $1,223 |
| FY2020 | $506 | $570 | $751 | $936 | $1,243 |
FY2026 Income Limits
Area Median Income: $90,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,050 | $21,800 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,750 | $36,250 | $40,800 | $45,300 | $48,950 | $52,550 |
| 80% AMI | $50,750 | $58,000 | $65,250 | $72,500 | $78,300 | $84,100 |