FY2026 Fair Market Rents — Wabash County
Studio
$685
1BR
$729
2BR
$956
3BR
$1,146
4BR
$1,266
Wabash County, Indiana
FIPS 18169 · County-level FMR and income limit data
FMR Area: Wabash 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 | $1,266 | $15,192 |
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 $89,700.
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 | $1,266 |
| FY2025 | $652 | $707 | $928 | $1,118 | $1,230 |
| FY2024 | $602 | $659 | $866 | $1,047 | $1,153 |
| FY2023 | $591 | $643 | $847 | $1,031 | $1,138 |
| FY2022 | $523 | $569 | $749 | $926 | $1,016 |
| FY2021 | $520 | $565 | $744 | $925 | $1,009 |
| FY2020 | $504 | $550 | $720 | $897 | $975 |
FY2026 Income Limits
Area Median Income: $89,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,850 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,400 | $35,900 | $40,400 | $44,850 | $48,450 | $52,050 |
| 80% AMI | $50,250 | $57,400 | $64,600 | $71,750 | $77,500 | $83,250 |