Lake County
FY 2026 HUD Fair Market Rents in Indiana. Population: 497,682.
Fair Market Rents (2026)
Studio
National avg: $893
$959/mo
↑ 11.5% YoY
+7% vs US
1 Bedroom
National avg: $959
$1,082/mo
↑ 9.8% YoY
+13% vs US
2 Bedroom
National avg: $1,175
$1,317/mo
↑ 10.0% YoY
+12% vs US
3 Bedroom
National avg: $1,525
$1,612/mo
↑ 9.3% YoY
+6% vs US
4 Bedroom
National avg: $1,756
$1,744/mo
↑ 9.9% YoY
-1% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $860 | $959 | +$99 (+11.5%) |
| 1 Bedroom | $985 | $1,082 | +$97 (+9.8%) |
| 2 Bedroom | $1,197 | $1,317 | +$120 (+10.0%) |
| 3 Bedroom | $1,475 | $1,612 | +$137 (+9.3%) |
| 4 Bedroom | $1,587 | $1,744 | +$157 (+9.9%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$43,280
$3,607/month gross
Required annual income for 2 BR
$52,680
$4,390/month gross
Other Counties in Indiana
Marshall County
1 BR: $824/mo
Greene County
1 BR: $729/mo
Steuben County
1 BR: $790/mo
Hamilton County
1 BR: $1,267/mo
Franklin County
1 BR: $861/mo
Ripley County
1 BR: $752/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.