Indiana · HUD FY2026 Fair Market Rents

Rent in Scott County, IN

For Fiscal Year 2026, the official HUD Fair Market Rent for a benchmark 2-bedroom home in Scott County, IN is $1,009 per month ($12,108/year). Under the standard 30% federal housing rule, affording this rent comfortably requires an hourly wage of $19.40/hour ($40,360/year) for a full-time worker, representing 21.5% of the local median household income.

Rental Benchmark Overview

2-Bedroom Benchmark Rent

$1,009$12,108 per year · HUD Fiscal Year 2026
Studio FMR$723$14/hr needed
1-Bedroom FMR$769$15/hr needed
Housing Wage (2-BR)$19.40per hour · 40 hrs/wk, 52 wks
3-Bedroom FMR$1,348$26/hr needed

Fair market rent & 30% rule in Scott County, IN

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,009Monthly market rent
Share of gross income21.5%Recommended max: 30%
Annual income needed$40,360To meet the 30% standard
Max affordable rent$1,409At 30% of $56,352
0%30% (Affordability standard)100%
Compare against:

Fair Market Rent Schedule & Wage Requirements: Scott County, IN

Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.

HUD FY2026 Fair Market Rent Schedule and Income Thresholds for Scott County, IN
Bedroom TypeMonthly RentAnnual RentMin. Annual IncomeHourly Wage (40h/wk)
Studio / Efficiency$723$8,676$28,920$13.90/hr
1-Bedroom Apartment$769$9,228$30,760$14.79/hr
2-Bedroom ApartmentStandard Benchmark$1,009$12,108$40,360$19.40/hr
3-Bedroom Home$1,348$16,176$53,920$25.92/hr
4-Bedroom Home$1,353$16,236$54,120$26.02/hr

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Frequently Asked Questions About Rent in Scott County, IN

What is the Fair Market Rent for a 2-bedroom in Scott County, IN?

For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Scott County, IN is $1,009 per month ($12,108 per year).

What hourly wage is needed to afford rent in Scott County, IN?

To comfortably afford a 2-bedroom apartment at $1,009/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.40 per hour ($40,360/year).

What are the HUD Fair Market Rents by bedroom count in Scott County, IN?

Official 2026 HUD rents in Scott County, IN are: Studio: $723/mo, 1-Bedroom: $769/mo, 2-Bedroom: $1,009/mo, 3-Bedroom: $1,348/mo, and 4-Bedroom: $1,353/mo.

How do HUD Fair Market Rents compare to local incomes in Scott County, IN?

At the local Census ACS median household income of $56,352/year ($4,696/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.

How is the 30% housing affordability standard calculated in Scott County, IN?

The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,009/month, the required minimum annual gross income is calculated as ($1,009 × 12) ÷ 0.30 = $40,360 per year.