FY2026 Fair Market Rents — Noble County
Studio
$682
1BR
$737
2BR
$967
3BR
$1,159
4BR
$1,622
Noble County, Indiana
FIPS 18113 · County-level FMR and income limit data
FMR Area: Noble County, IN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $682 | $8,184 |
| 1-Bedroom | $737 | $8,844 |
| 2-Bedroom | $967 | $11,604 |
| 3-Bedroom | $1,159 | $13,908 |
| 4-Bedroom | $1,622 | $19,464 |
To afford the FY2026 2-bedroom FMR of $967/mo under the 30%-of-income rule, a household needs about
$38,680/yr ($3,223/mo). Area Median Income is $86,700.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 103 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $682 | $737 | $967 | $1,159 | $1,622 |
| FY2025 | $654 | $726 | $952 | $1,150 | $1,599 |
| FY2024 | $594 | $667 | $877 | $1,077 | $1,397 |
| FY2023 | $573 | $651 | $857 | $1,056 | $1,267 |
| FY2022 | $513 | $589 | $772 | $988 | $1,190 |
| FY2021 | $537 | $605 | $768 | $993 | $1,203 |
| FY2020 | $500 | $589 | $714 | $946 | $1,152 |
FY2026 Income Limits
Area Median Income: $86,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,200 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,350 | $34,700 | $39,050 | $43,350 | $46,850 | $50,300 |
| 80% AMI | $48,550 | $55,500 | $62,450 | $69,350 | $74,900 | $80,450 |