PlainRent

Montgomery County

FY 2026 HUD Fair Market Rents in Indiana. Population: 38,018.

Fair Market Rents (2026)

Studio
National avg: $893
$802/mo
↑ 21.5% YoY -10% vs US
1 Bedroom
National avg: $959
$807/mo
↑ 6.5% YoY -16% vs US
2 Bedroom
National avg: $1,175
$966/mo
↑ 2.9% YoY -18% vs US
3 Bedroom
National avg: $1,525
$1,281/mo
↑ 2.5% YoY -16% vs US
4 Bedroom
National avg: $1,756
$1,399/mo
↑ 4.6% YoY -20% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $660 $802 +$142 (+21.5%)
1 Bedroom $758 $807 +$49 (+6.5%)
2 Bedroom $939 $966 +$27 (+2.9%)
3 Bedroom $1,250 $1,281 +$31 (+2.5%)
4 Bedroom $1,338 $1,399 +$61 (+4.6%)

Affordability Snapshot

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

Required annual income for 1 BR
$32,280
$2,690/month gross
Required annual income for 2 BR
$38,640
$3,220/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.