Fair Market Rents: Monroe County, IN (FY2026)
HUD's FY2026 Fair Market Rents for Monroe County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | IN median* |
|---|---|---|
| Studio (0-BR) | $966/mo | $768 (+26%) |
| 1 Bedroom | $1,072/mo | $824 (+30%) |
| 2 Bedrooms | $1,210/mo | $1,009 (+20%) |
| 3 Bedrooms | $1,572/mo | $1,330 (+18%) |
| 4+ Bedrooms | $1,906/mo | $1,535 (+24%) |
*Median across all FMR-publishing counties in IN. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Monroe County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Monroe County
We track 31 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Bloomington | 35 | 2,757 |
| Ellettsville | 5 | 291 |