Vigo 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).

$1,1642-bedroom FMR, FY2027

$8961-bedroom FMR, FY2027

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

$71,400Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Vigo County is $1,164 a month, up 6.4% from $1,094 in FY2026. Vigo County belongs to the Terre Haute, IN HUD Metro FMR Area FMR area, 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 Vigo County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$890	$859	+3.6%	$801 – $979
1 bedroom	$896	$864	+3.7%	$807 – $985
2 bedrooms	$1,164	$1,094	+6.4%	$1,048 – $1,280
3 bedrooms	$1,387	$1,312	+5.7%	$1,249 – $1,525
4 bedrooms	$1,610	$1,535	+4.9%	$1,449 – $1,771

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 Vigo County that is typically $1,048 to $1,280 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?

$32,055median income of renter households

$924Median gross rent, all units

35%Rent-to-income ratio (median rent ÷ median renter income)

57%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $32,055 can afford about $801 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,164 is $363 (45.3%) more than that. To rent a two-bedroom at the FMR, a household needs $46,560 a year under the 30% rule, or $41,904 under the common landlord rule that income must be three times the rent.

Vigo County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$924 ±$27
Median income of renter households	$32,055 ±$1,905
Renters paying 30% or more of income (cost-burdened)	56.5% ±4.1
Renters paying 50% or more (severely cost-burdened)	28.4% ±2.6
Renter households (where the share can be computed)	14,933

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$746	$924	+23.9%
Median renter household income	$25,656	$32,055	+24.9%
Renters paying 30%+ of income	54.6%	56.5%	+1.9 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.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,010 to $1,370 depending on the ZIP code.

All 45 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
46171	$830	$900	$1,090	$1,390	$1,650
47427	$810	$900	$1,010	$1,240	$1,590
47438	$800	$800	$1,050	$1,300	$1,560
47801	$910	$920	$1,190	$1,420	$1,650
47802	$900	$910	$1,180	$1,410	$1,630
47803	$930	$940	$1,220	$1,450	$1,690
47804	$930	$940	$1,220	$1,450	$1,690
47805	$820	$820	$1,070	$1,270	$1,480
47807	$910	$920	$1,190	$1,420	$1,650
47809	$910	$920	$1,190	$1,420	$1,650
47831	$810	$820	$1,060	$1,260	$1,470
47833	$830	$900	$1,060	$1,290	$1,590
47834	$860	$870	$1,130	$1,350	$1,560
47837	$810	$820	$1,070	$1,330	$1,450
47840	$880	$890	$1,150	$1,370	$1,590
47841	$780	$780	$1,010	$1,210	$1,410
47842	$820	$820	$1,070	$1,270	$1,480
47845	$790	$790	$1,040	$1,300	$1,610
47846	$850	$860	$1,120	$1,340	$1,550
47847	$780	$780	$1,010	$1,210	$1,410
47850	$1,040	$1,050	$1,370	$1,730	$2,210
47851	$910	$920	$1,190	$1,420	$1,650
47853	$990	$1,000	$1,300	$1,550	$1,800
47854	$840	$850	$1,100	$1,330	$1,510
47857	$780	$780	$1,010	$1,210	$1,410
47858	$810	$820	$1,060	$1,300	$1,560
47863	$780	$780	$1,010	$1,210	$1,410
47866	$960	$970	$1,260	$1,550	$1,880
47868	$840	$940	$1,050	$1,290	$1,650
47869	$910	$920	$1,190	$1,420	$1,880
47870	$910	$920	$1,190	$1,420	$1,650
47871	$950	$950	$1,240	$1,480	$1,710
47874	$780	$780	$1,010	$1,310	$1,390
47875	$810	$820	$1,060	$1,260	$1,470
47876	$780	$780	$1,010	$1,210	$1,410
47878	$910	$920	$1,190	$1,420	$1,650
47879	$780	$780	$1,010	$1,310	$1,700
47880	$800	$800	$1,040	$1,240	$1,440
47881	$810	$820	$1,060	$1,260	$1,470
47884	$820	$820	$1,070	$1,270	$1,480
47885	$780	$780	$1,010	$1,210	$1,410
47928	$930	$930	$1,210	$1,440	$1,670
47932	$780	$790	$1,010	$1,290	$1,650
47966	$810	$820	$1,040	$1,250	$1,450
47974	$820	$820	$1,070	$1,270	$1,480

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Vigo County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $71,400 (FY2025: $80,200, −11.0%). 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.