Elkhart-Goshen, IN MSA
FY 2026 HUD Fair Market Rents for the Elkhart-Goshen, IN MSA metro area. Population: 206,841.
Fair Market Rents (2026)
Studio
National avg: $893
$968/mo
↑ 13.5% YoY
+8% vs US
1 Bedroom
National avg: $959
$992/mo
↑ 14.2% YoY
+3% vs US
2 Bedroom
National avg: $1,175
$1,183/mo
↑ 12.1% YoY
+1% vs US
3 Bedroom
National avg: $1,525
$1,553/mo
↑ 13.0% YoY
+2% vs US
4 Bedroom
National avg: $1,756
$1,581/mo
↑ 13.0% YoY
-10% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $853 | $968 | +$115 (+13.5%) |
| 1 Bedroom | $869 | $992 | +$123 (+14.2%) |
| 2 Bedroom | $1,055 | $1,183 | +$128 (+12.1%) |
| 3 Bedroom | $1,374 | $1,553 | +$179 (+13.0%) |
| 4 Bedroom | $1,399 | $1,581 | +$182 (+13.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$39,680
$3,307/month gross
Required annual income for 2 BR
$47,320
$3,943/month gross
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.