Jennings County, IN: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,0402-bedroom FMR, FY2027

$7951-bedroom FMR, FY2027

$67,85080% income limit, family of 4 (FY2026)

$82,200Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Jennings County is $1,040 a month, up 8.2% from $961 in FY2026. Jennings County belongs to the Jennings County, IN FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Jennings County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$778	$689	+12.9%	$701 – $855
1 bedroom	$795	$732	+8.6%	$716 – $874
2 bedrooms	$1,040	$961	+8.2%	$936 – $1,144
3 bedrooms	$1,385	$1,337	+3.6%	$1,247 – $1,523
4 bedrooms	$1,411	$1,567	−10.0%	$1,270 – $1,552

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Jennings County that is typically $936 to $1,144 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$44,511median income of renter households

$988Median gross rent, all units

27%Rent-to-income ratio (median rent ÷ median renter income)

44%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $44,511 can afford about $1,113 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,040 is $73 (6.5%) less than that. To rent a two-bedroom at the FMR, a household needs $41,600 a year under the 30% rule, or $37,440 under the common landlord rule that income must be three times the rent.

Jennings County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$988 ±$84
Median income of renter households	$44,511 ±$9,615
Renters paying 30% or more of income (cost-burdened)	43.6% ±11.0
Renters paying 50% or more (severely cost-burdened)	20.2% ±9.2
Renter households (where the share can be computed)	2,021

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$714	$988	+38.4%
Median renter household income	$34,178	$44,511	+30.2%
Renters paying 30%+ of income	34.1%	43.6%	+9.5 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Jennings County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $82,200 (FY2025: $83,300, −1.3%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$17,850 ±0.0%	$21,640 +2.3%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$29,700 −0.2%	$33,950 −0.1%	$38,200 −0.1%	$42,400 −0.1%	$45,800 −0.1%	$49,200 −0.1%	$52,600 −0.1%	$56,000 −0.1%
Low income (80%)	$47,500 −0.1%	$54,300 −0.1%	$61,100 −0.1%	$67,850 −0.1%	$73,300 −0.1%	$78,750 −0.1%	$84,150 −0.1%	$89,600 −0.1%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.