PlainRent

Parke County

FY 2026 HUD Fair Market Rents in Indiana. Population: 16,327.

Fair Market Rents (2026)

Studio
National avg: $893
$691/mo
↓ 8.0% YoY -23% vs US
1 Bedroom
National avg: $959
$735/mo
↓ 2.8% YoY -23% vs US
2 Bedroom
National avg: $1,175
$964/mo
↓ 2.8% YoY -18% vs US
3 Bedroom
National avg: $1,525
$1,272/mo
↓ 2.9% YoY -17% vs US
4 Bedroom
National avg: $1,756
$1,276/mo
↓ 3.0% YoY -27% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $751 $691 $-60 (-8.0%)
1 Bedroom $756 $735 $-21 (-2.8%)
2 Bedroom $992 $964 $-28 (-2.8%)
3 Bedroom $1,310 $1,272 $-38 (-2.9%)
4 Bedroom $1,315 $1,276 $-39 (-3.0%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$29,400
$2,450/month gross
Required annual income for 2 BR
$38,560
$3,213/month gross

Other Counties in Indiana

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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.