Metro FMR · CBSA 21140 · HUD FY2026

Elkhart-Goshen, IN MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Elkhart-Goshen, IN MSA metro area - 3% above the US average.

$992
1-bedroom FMR
$1,183
2-bedroom FMR
+14.2%
YoY change
+3%
vs US avg

The verdict

A 2-bedroom in the Elkhart-Goshen, IN MSA area rents at $1,183 under HUD's FY2026 Fair Market Rent - 1% above the US average, lower than 67% of the 387 metro areas HUD tracks.

#129
most affordable of 387 US metros (2BR)
+1%
vs the US 2-bedroom average
$47,320
income to afford it (30% rule)
+14.2%
1BR change, FY2025→2026

Affordability & income context

Elkhart-Goshen: #129 most affordable nationally · income context

At the metro's ACS median household income of $65,617, this 1-bedroom FMR takes 18.1% of annual income. It is well below the 30% affordability guide for a median-income household.

The 2-bedroom figure places Elkhart-Goshen in the middle half of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 206,841 residents, this is a smaller-metro benchmark rather than a single-neighborhood rent quote.

Its 2-bedroom FMR sits in the middle half of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 45.6% of the 20,634 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$968/mo

17.7% of median income

1 Bedroom

$992/mo

18.1% of median income

2 Bedroom

$1,183/mo

21.6% of median income

3 Bedroom

$1,553/mo

28.4% of median income

4 Bedroom

$1,581/mo

28.9% of median income

FMR filing desk

CBSA CBSA·21140

Elkhart-Goshen: $992/mo 1BR · #129 of 387 metros (2BR) · FY2026 CBSA 21140

  • CBSA 21140
  • 1BR-FMR $992
  • 2BR-FMR $1,183
  • RANK-MID #129
  • YOY-SURGE +14.2%
  • VSUS-NEAR +3%
  • IN-ST-HIGH #7 IN
  • INC-ROOM 18%
  • POP-MID 207K
  • PHOTO-NEAR Bloomington
  • VOUCH-90-110 $893–$1,091
  • FY-2026 FY2026

Photo-finish peer: Bloomington ($80 1BR gap)

Read with: Understanding rent trends

Where Elkhart-Goshen sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,183 higher than 33% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). This entry sits in this band. $1,200–$1,400: 95 metro areas (25%). Above this entry. $1,400–$1,600: 52 metro areas (13%). Above this entry. $1,600–$1,800: 41 metro areas (11%). Above this entry. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. 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

Elkhart-Goshen studio–4BR schedule (FY2026) · 2BR #129 most affordable

1BR $992 (+3% vs US, +14.2% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 21140.

Studio
$968
US avg $893
↑13.5% YoY +8% vs US
1 Bedroom
$992
US avg $959
↑14.2% YoY +3% vs US
2 Bedroom
$1,183
US avg $1,175
↑12.1% YoY +1% vs US
3 Bedroom
$1,553
US avg $1,525
↑13.0% YoY +2% vs US
4 Bedroom
$1,581
US avg $1,756
↑13.0% YoY -10% vs US

How Elkhart-Goshen compares on 1-bedroom rent

1-bedroom FMR vs other IN metro areas

1BR FMR / mo

What this shows Elkhart-Goshen highlighted among 5 peers · FY2026 1BR HUD FMR.

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

Elkhart-Goshen: out-of-state FMR & burden peers

PlainRent pairs Elkhart-Goshen with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside IN (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside IN

Nearest schedules by 2BR delta (FY2026).

Niles
MI · 2 BR $1,184/mo
Lawrence
KS · 2 BR $1,182/mo
Auburn-Opelika
AL · 2 BR $1,181/mo
Eau Claire
WI · 2 BR $1,181/mo

Burden % · outside IN

Nearest 2BR FMR ÷ ACS median income (FY2026).

Hall County
NE · 21.6% of income · 2 BR $1,215/mo
Lexington-Fayette
KY · 21.6% of income · 2 BR $1,272/mo
Glens Falls
NY · 21.6% of income · 2 BR $1,348/mo
Tulsa
OK · 21.5% of income · 2 BR $1,217/mo

Elkhart-Goshen: quick answers

What is the average rent in the Elkhart-Goshen, IN MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Elkhart-Goshen, IN MSA is $992 per month. A 2-bedroom is $1,183 and a studio is $968.
How does Elkhart-Goshen, IN MSA rent compare to the national average? ▼
Rent in the Elkhart-Goshen, IN MSA metro area is 3% above the national average. A 1-bedroom costs $992 compared to $959 nationally.
Where does Elkhart-Goshen rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,183 ranks #129 most affordable among 387 US metro areas (the middle half of HUD metro areas).
What income do I need to afford rent in Elkhart-Goshen, IN MSA? ▼
Based on the 30% affordability rule, you need an annual income of at least $39,680 ($3,307/month) to afford a 1-bedroom at Fair Market Rent in the Elkhart-Goshen, IN MSA area.

Compare Elkhart-Goshen vs Bloomington →

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $992/mo · 1BR IN

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.