FY2026 Fair Market Rents — Posey County
Studio
$853
1BR
$860
2BR
$1,113
3BR
$1,370
4BR
$1,539
Posey County, Indiana
FIPS 18129 · County-level FMR and income limit data
FMR Area: Evansville, IN-KY MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $853 | $10,236 |
| 1-Bedroom | $860 | $10,320 |
| 2-Bedroom | $1,113 | $13,356 |
| 3-Bedroom | $1,370 | $16,440 |
| 4-Bedroom | $1,539 | $18,468 |
To afford the FY2026 2-bedroom FMR of $1,113/mo under the 30%-of-income rule, a household needs about
$44,520/yr ($3,710/mo). Area Median Income is $93,000.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 119 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $853 | $860 | $1,113 | $1,370 | $1,539 |
| FY2025 | $780 | $821 | $1,054 | $1,300 | $1,473 |
| FY2024 | $766 | $850 | $1,070 | $1,360 | $1,558 |
| FY2023 | $691 | $778 | $973 | $1,260 | $1,462 |
| FY2022 | $621 | $706 | $880 | $1,153 | $1,326 |
| FY2021 | $597 | $670 | $845 | $1,107 | $1,222 |
| FY2020 | $565 | $624 | $793 | $1,035 | $1,097 |
FY2026 Income Limits
Area Median Income: $93,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,550 | $22,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,550 | $37,200 | $41,850 | $46,500 | $50,250 | $53,950 |
| 80% AMI | $52,100 | $59,550 | $67,000 | $74,400 | $80,400 | $86,350 |