County FMR · HUD FY2026

Floyd County Fair Market Rent

HUD's FY2026 Fair Market Rent for Floyd County, IN - 9% above the US average.

$1,047
1-bedroom FMR
$1,272
2-bedroom FMR
-4.3%
YoY change
+9%
vs US avg

The verdict

Floyd is the 18th most expensive of 92 counties in Indiana by 2-bedroom FMR; nationally it ranks #818 most expensive of 3,145 HUD counties.

#818
most expensive of 3,145 US counties (2BR)
#18
most expensive of 92 in Indiana (2BR)
+19%
vs the state average
$41,880
income to afford it (30% rule)

General and Operations Managers spend the smallest share of income on rent here (11.6%), while Fast Food and Counter Workers spend the most (44.4%).

FY 2026 HUD Fair Market Rent for Floyd County, IN. Verify with HUD →

The Fair Market Rent for a 1-bedroom apartment in Floyd County, Indiana is $1,047 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,272/mo and a studio is $966/mo. This is 9% higher than the national average of $959 and 19% above the Indiana average of $882.

Rent decreased4.3% from FY 2025 ($1,094), declining against the trend. Under the 30% rule, affordability starts near $41,880/year for a 1-bedroom.

FY 2026 HUD Fair Market Rents in Indiana. Population: 80,191. Population has held roughly steady over the past five years (+4.8%, Census ACS). That's faster than Indiana's statewide growth of +2.6% over the same period.

FMR filing desk

Area FLOYD·COUNTY·IN·IN

Floyd County, IN: $1,047/mo 1BR · #818 of 3145 counties (2BR) · FY2026

  • FMR-AREA IN
  • 1BR-FMR $1,047
  • 2BR-FMR $1,272
  • RANK-MID #818
  • YOY-DOWN -4.3%
  • VSUS-ABOVE +9%
  • VS-ST-HIGH +19% IN
  • INC-ROOM 16%
  • POP-MID 80K
  • PHOTO-NEAR Marion County
  • VOUCH-90-110 $942–$1,152
  • FY-2026 FY2026

Photo-finish peer: Marion ($220 1BR gap)

Read with: How Fair Market Rent works

Fair Market Rents (2026)

Studio
State avg: $816 · US avg: $893
$966/mo
↓ 3.7% YoY +18% vs state +8% vs US
1 Bedroom
State avg: $882 · US avg: $959
$1,047/mo
↓ 4.3% YoY +19% vs state +9% vs US
2 Bedroom
State avg: $1,096 · US avg: $1,175
$1,272/mo
↓ 4.4% YoY +16% vs state +8% vs US
3 Bedroom
State avg: $1,391 · US avg: $1,525
$1,625/mo
↓ 5.2% YoY +17% vs state +7% vs US
4 Bedroom
State avg: $1,590 · US avg: $1,756
$1,891/mo
↓ 4.9% YoY +19% vs state +8% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,003
$966
$-37 (-3.7%)
1 Bedroom $1,094
$1,047
$-47 (-4.3%)
2 Bedroom $1,330
$1,272
$-58 (-4.4%)
3 Bedroom $1,714
$1,625
$-89 (-5.2%)
4 Bedroom $1,989
$1,891
$-98 (-4.9%)

Rent Burden Analysis

How much of household income goes to rent in Floyd County. The 30% threshold indicates cost burden.

Studio
14.8%
Affordable
Need $38,640/yr for 30% rule
1 Bedroom
16.1%
Affordable
Need $41,880/yr for 30% rule
2 Bedroom
19.5%
Affordable
Need $50,880/yr for 30% rule
3 Bedroom
24.9%
Affordable
Need $65,000/yr for 30% rule
4 Bedroom
29%
Affordable
Need $75,640/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

0%100%National avg22%19.5%
Floyd County 2-bedroom rent burden
County median income: $78,179 · National avg burden: 21.7% ·View Indiana rent burden →

Where Floyd sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$1,272 Top 26% higher than 74% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). Below this entry. $1,000–$1,200: 723 counties (23%). Below this entry. $1,200–$1,400: 417 counties (13%). This entry sits in this band. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Floyd compares on 1-bedroom rent

1-bedroom FMR vs other Indiana counties

1BR FMR / mo

What this shows Floyd is highlighted. Nearby Indiana counties by 1-bedroom FMR, highest to lowest: Marion County ($1,267), Hamilton County ($1,267), St. Joseph County ($1,105), Lake County ($1,082), Floyd County (this county) ($1,047), Elkhart County ($992), Allen County ($916).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $1,047/mo compares to Indiana salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation IN Salary Rent Burden Verdict
General & Operations Managers $108,410 11.6% Affordable
Software Developers $103,570 12.1% Affordable
Registered Nurses $80,740 15.6% Affordable
Accountants & Auditors $77,410 16.2% Affordable
Police & Sheriff's Patrol Officers $71,540 17.6% Affordable
Electricians $65,480 19.2% Affordable
Heavy & Tractor-Trailer Truck Drivers $60,090 20.9% Affordable
Elementary School Teachers $58,370 21.5% Affordable
Paralegals & Legal Assistants $50,690 24.8% Affordable
Customer Service Representatives $41,600 30.2% Stretched
Pharmacy Technicians $40,020 31.4% Stretched
Janitors & Cleaners $35,240 35.7% Stretched
Teaching Assistants $30,460 41.2% Stretched
Retail Salespersons $30,300 41.5% Stretched
Fast Food & Counter Workers $28,290 44.4% Stretched
Salaries: BLS OES (Indiana) median · 30% = affordable threshold · Try the salary calculator →

Rent Trends (2020–2026)

7-year Fair Market Rent history for Floyd County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Floyd (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 46.8% overall, from $713 to $1,047. The path there hasn't been smooth: year-over-year moves have swung by as much as 22.9% (FY 2024), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.

$600$700$800$900$1,000$1,100$1,200 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $1,047
Floyd County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↓4.3% $966 $1,047 $1,272
FY 2025 ↑1.6% $1,003 $1,094 $1,330
FY 2024 ↑22.9% $976 $1,077 $1,301
FY 2023 ↑9.5% $776 $876 $1,052
FY 2022 ↑5.3% $690 $800 $960
FY 2021 ↑6.6% $649 $760 $918
FY 2020 $614 $713 $872
Total change (6yr): +46.8%
Annualized: +6.6%/yr
1 BR: $713 → $1,047

Part of the Louisville/Jefferson County, KY-IN Metro Area

Floyd County is a central county of the Louisville/Jefferson County, KY-IN metropolitan statistical area, alongside 11 other metro-area counties.

Floyd County ranks #8 of 12 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Jefferson County ($1,047), Clark County ($1,047), Bullitt County ($1,047), Oldham County ($1,047), Harrison County ($1,047), Spencer County ($1,047), Henry County ($1,047), Floyd County (this county) ($1,047), Shelby County ($1,027), Meade County ($819), Nelson County ($781), Washington County ($753).

Jefferson County
1 BR: $1,047/mo
Clark County
1 BR: $1,047/mo
Bullitt County
1 BR: $1,047/mo
Oldham County
1 BR: $1,047/mo
Harrison County
1 BR: $1,047/mo
Spencer County
1 BR: $1,047/mo
Henry County
1 BR: $1,047/mo
Floyd County (this county)
1 BR: $1,047/mo
Shelby County
1 BR: $1,027/mo
Meade County
1 BR: $819/mo
Nelson County
1 BR: $781/mo
Washington County
1 BR: $753/mo

Nationwide peers by 2BR FMR & rent burden

Two PlainRent-derived comparison paths for Floyd County, both outside Indiana so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.

Similar 2-bedroom FMR

Nearest HUD 2BR Fair Market Rents outside IN (FY2026).

Jefferson County
KY · 2 BR $1,272/mo
Fayette County
KY · 2 BR $1,272/mo
Bullitt County
KY · 2 BR $1,272/mo
Oldham County
KY · 2 BR $1,272/mo

Similar rent burden

Nearest 2BR FMR as a share of median household income (outside IN).

Russell County
KS · 19.5% of income · 2 BR $877/mo
Antrim County
MI · 19.5% of income · 2 BR $1,162/mo
Burleson County
TX · 19.5% of income · 2 BR $1,186/mo
Greene County
IL · 19.5% of income · 2 BR $992/mo

Nearby Counties in Indiana

Largest counties by population in Indiana

Showing the 8 largest of 91 other counties in Indiana.

Marion County
1 BR: $1,267/mo Pop: 971,737
Lake County
1 BR: $1,082/mo Pop: 497,682
Allen County
1 BR: $916/mo Pop: 385,456
Hamilton County
1 BR: $1,267/mo Pop: 349,527
St. Joseph County
1 BR: $1,105/mo Pop: 272,388
Elkhart County
1 BR: $992/mo Pop: 206,841
Tippecanoe County
1 BR: $1,032/mo Pop: 186,955
Vanderburgh County
1 BR: $860/mo Pop: 179,900
View all counties in Indiana →

Frequently Asked Questions

What is the average rent in Floyd County? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Floyd County is $1,047 per month. A 2-bedroom is $1,272 and a studio is $966.
How does Floyd County rent compare to the national average? ▼
Rent in Floyd County is 9% above the national average. A 1-bedroom here costs $1,047 compared to $959 nationally.
Where does Floyd County rank nationally for Fair Market Rent? ▼
According to HUD's FY 2026 Fair Market Rent schedule, Floyd County's 2-bedroom FMR of $1,272 ranks #818 most expensive among 3,145 HUD counties, placing it in the middle half of HUD counties.
What income do I need to afford rent in Floyd County? ▼
Based on the 30% affordability rule, you need an annual income of at least $41,880 ($3,490/month) to afford a 1-bedroom at Fair Market Rent in Floyd County.
Is rent going up or down in Floyd County? ▼
The 1-bedroom Fair Market Rent in Floyd County decreased by 4.3% from FY 2025 to FY 2026, going from $1,094 to $1,047.
Which jobs can afford rent in Floyd County? ▼
Based on Indiana BLS salary data and the 30% affordability rule, jobs like General and Operations Managers, Software Developers, Registered Nurses can afford a 1-bedroom at $1,047/mo. 9 of 15 common occupations are affordable here.
How much has rent changed in Floyd County over time? ▼
The 1-bedroom Fair Market Rent in Floyd County went from $713 in FY 2020 to $1,047 in FY 2026, a total change of +46.8% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Floyd County? ▼
In Floyd County, the FY 2026 FMR of $1,047/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Floyd County? ▼
For Floyd County, it's the specific 40th-percentile rent HUD publishes each year ($1,047/mo for a 1-bedroom in FY 2026).

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page
  • HUD Fair Market Rents (FMR) - county-level fair-market rent estimates by bedroom count. huduser.gov/datasets/fmr
  • HUD Income Limits - area median income for affordability calculations. huduser.gov/datasets/il
  • HUD Comprehensive Housing Affordability Strategy (CHAS) - rent burden and housing-cost distribution. huduser.gov/datasets/cp
  • U.S. Census Bureau ACS - county and metro housing characteristics + median rent. census.gov/programs-surveys/acs
  • BLS Consumer Price Index, Rent of Primary Residence - rent inflation by metro. bls.gov/cpi
  • IRS Migration Data (SOI) - interstate migration aggregates affecting county demand. irs.gov/statistics/migration
  • BLS Occupational Employment and Wage Statistics - state-level median wages by occupation, used for job affordability analysis. bls.gov/oes

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.