FY2026 Fair Market Rents — Henderson County
Studio
$711
1BR
$764
2BR
$949
3BR
$1,220
4BR
$1,414
Henderson County, Kentucky
FIPS 21101 · 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) | $711 | $8,532 |
| 1-Bedroom | $764 | $9,168 |
| 2-Bedroom | $949 | $11,388 |
| 3-Bedroom | $1,220 | $14,640 |
| 4-Bedroom | $1,414 | $16,968 |
To afford the FY2026 2-bedroom FMR of $949/mo under the 30%-of-income rule, a household needs about
$37,960/yr ($3,163/mo). Area Median Income is $79,700.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 101 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $711 | $764 | $949 | $1,220 | $1,414 |
| 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: $79,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,750 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,900 | $31,900 | $35,900 | $39,850 | $43,050 | $46,250 |
| 80% AMI | $44,650 | $51,000 | $57,400 | $63,750 | $68,850 | $73,950 |