FY2026 Fair Market Rents — Union County
Studio
$685
1BR
$729
2BR
$956
3BR
$1,220
4BR
$1,477
Union County, Indiana
FIPS 18161 · County-level FMR and income limit data
FMR Area: Union County, IN HUD Metro FMR Area
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 | $1,220 | $14,640 |
| 4-Bedroom | $1,477 | $17,724 |
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 $98,000.
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 | $1,220 | $1,477 |
| FY2025 | $709 | $782 | $1,026 | $1,344 | $1,641 |
| FY2024 | $628 | $714 | $926 | $1,245 | $1,494 |
| FY2023 | $609 | $699 | $909 | $1,213 | $1,401 |
| FY2022 | $524 | $606 | $788 | $1,045 | $1,181 |
| FY2021 | $495 | $571 | $747 | $958 | $1,057 |
| FY2020 | $471 | $542 | $714 | $894 | $1,006 |
FY2026 Income Limits
Area Median Income: $98,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,600 | $23,550 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,300 | $39,200 | $44,100 | $49,000 | $52,950 | $56,850 |
| 80% AMI | $54,900 | $62,750 | $70,600 | $78,400 | $84,700 | $90,950 |