Franklin County
FY 2026 HUD Fair Market Rents in Indiana. Population: 22,850.
Fair Market Rents (2026)
Studio
National avg: $893
$796/mo
↑ 9.5% YoY
-11% vs US
1 Bedroom
National avg: $959
$861/mo
↑ 7.4% YoY
-10% vs US
2 Bedroom
National avg: $1,175
$1,117/mo
↑ 6.2% YoY
-5% vs US
3 Bedroom
National avg: $1,525
$1,473/mo
↑ 6.0% YoY
-3% vs US
4 Bedroom
National avg: $1,756
$1,479/mo
↑ 6.0% YoY
-16% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $727 | $796 | +$69 (+9.5%) |
| 1 Bedroom | $802 | $861 | +$59 (+7.4%) |
| 2 Bedroom | $1,052 | $1,117 | +$65 (+6.2%) |
| 3 Bedroom | $1,389 | $1,473 | +$84 (+6.0%) |
| 4 Bedroom | $1,395 | $1,479 | +$84 (+6.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$34,440
$2,870/month gross
Required annual income for 2 BR
$44,680
$3,723/month gross
Other Counties in Indiana
LaPorte County
1 BR: $953/mo
Marshall County
1 BR: $824/mo
Dubois County
1 BR: $729/mo
Floyd County
1 BR: $1,047/mo
Blackford County
1 BR: $766/mo
Fountain County
1 BR: $729/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.