Biggest Rent Increases in Indiana — FY2026

Metro areas where the 2-bedroom FMR rose the most year-over-year in Indiana. Largest year-over-year 2BR increase first, based on official HUD data. · View national rankings →

Most Expensive Metros for Rent Least Expensive Metros for Rent Biggest Rent Increases Highest Income Limits
# Metro Area State FY2025 2BR FY2026 2BR Change
1 South Bend-Mishawaka, IN HUD Metro FMR Area IN $1,095 $1,292 +$197 (+18%)
2 Indianapolis, IN HUD Metro FMR Area IN $1,283 $1,473 +$190 (+14.8%)
3 Anderson, IN HUD Metro FMR Area IN $1,054 $1,206 +$152 (+14.4%)
4 Elkhart-Goshen, IN MSA IN $1,055 $1,183 +$128 (+12.1%)
5 Columbus, IN MSA IN $1,268 $1,415 +$147 (+11.6%)
6 Michigan City-La Porte, IN MSA IN $1,036 $1,152 +$116 (+11.2%)
7 Kokomo, IN MSA IN $1,019 $1,123 +$104 (+10.2%)
8 Gary, IN HUD Metro FMR Area IN $1,197 $1,317 +$120 (+10%)
9 Terre Haute, IN HUD Metro FMR Area IN $995 $1,094 +$99 (+9.9%)
10 Sullivan County, IN HUD Metro FMR Area IN $941 $1,028 +$87 (+9.2%)
11 Lafayette-West Lafayette, IN HUD Metro FMR Area IN $1,161 $1,242 +$81 (+7%)
12 Muncie, IN MSA IN $982 $1,043 +$61 (+6.2%)
13 Franklin County, IN HUD Metro FMR Area IN $1,052 $1,117 +$65 (+6.2%)
14 Evansville, IN-KY MSA IN $1,054 $1,113 +$59 (+5.6%)
15 Cincinnati, OH-KY-IN HUD Metro FMR Area IN $1,287 $1,353 +$66 (+5.1%)
16 Carroll County, IN HUD Metro FMR Area IN $928 $973 +$45 (+4.8%)
17 Warren County, IN HUD Metro FMR Area IN $928 $956 +$28 (+3%)
18 Jasper County, IN HUD Metro FMR Area IN $1,159 $1,174 +$15 (+1.3%)
19 Owen County, IN HUD Metro FMR Area IN $954 $956 +$2 (+0.2%)
20 Washington County, IN HUD Metro FMR Area IN $996 $988 +$-8 (+-0.8%)
21 Bloomington, IN HUD Metro FMR Area IN $1,223 $1,210 +$-13 (+-1.1%)
22 Louisville, KY-IN HUD Metro FMR Area IN $1,330 $1,272 +$-58 (+-4.4%)
23 Fort Wayne, IN MSA IN $1,199 $1,113 +$-86 (+-7.2%)