FY2026 Fair Market Rents — Martin County
Studio
$685
1BR
$729
2BR
$956
3BR
$1,146
4BR
$1,287
Martin County, Indiana
FIPS 18101 · County-level FMR and income limit data
FMR Area: Martin 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 | $1,287 | $15,444 |
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 $93,700.
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 | $1,287 |
| FY2025 | $652 | $707 | $928 | $1,118 | $1,260 |
| FY2024 | $600 | $657 | $863 | $1,043 | $1,267 |
| FY2023 | $576 | $628 | $826 | $1,005 | $1,407 |
| FY2022 | $515 | $561 | $738 | $912 | $1,263 |
| FY2021 | $512 | $565 | $732 | $910 | $1,267 |
| FY2020 | $500 | $574 | $714 | $939 | $1,254 |
FY2026 Income Limits
Area Median Income: $93,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,700 | $22,500 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,800 | $37,500 | $42,200 | $46,850 | $50,600 | $54,350 |
| 80% AMI | $52,500 | $60,000 | $67,500 | $74,950 | $80,950 | $86,950 |