FY2026 Fair Market Rents — Putnam County
Studio
$738
1BR
$843
2BR
$1,030
3BR
$1,390
4BR
$1,634
Putnam County, Indiana
FIPS 18133 · County-level FMR and income limit data
FMR Area: Putnam County, IN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $738 | $8,856 |
| 1-Bedroom | $843 | $10,116 |
| 2-Bedroom | $1,030 | $12,360 |
| 3-Bedroom | $1,390 | $16,680 |
| 4-Bedroom | $1,634 | $19,608 |
To afford the FY2026 2-bedroom FMR of $1,030/mo under the 30%-of-income rule, a household needs about
$41,200/yr ($3,433/mo). Area Median Income is $93,500.
At IN's federal minimum wage of $7.25/hr, a worker would need to work 110 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $738 | $843 | $1,030 | $1,390 | $1,634 |
| FY2025 | $745 | $816 | $1,049 | $1,397 | $1,636 |
| FY2024 | $827 | $855 | $1,124 | $1,503 | $1,729 |
| FY2023 | $663 | $692 | $901 | $1,242 | $1,409 |
| FY2022 | $589 | $600 | $769 | $1,092 | $1,197 |
| FY2021 | $572 | $590 | $762 | $1,091 | $1,156 |
| FY2020 | $570 | $581 | $754 | $1,088 | $1,101 |
FY2026 Income Limits
Area Median Income: $93,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,650 | $22,450 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,750 | $37,400 | $42,100 | $46,750 | $50,500 | $54,250 |
| 80% AMI | $52,400 | $59,850 | $67,350 | $74,800 | $80,800 | $86,800 |