FY2027 Fair Market Rent · Indiana
St. Joseph County Fair Market Rent & Income Limits
HUD's FY2027 Fair Market Rent for a two-bedroom home in St. Joseph County, IN is $1,276 a month, down 1.2% from FY2026. The area median family income is $88,100, and a family of four counts as low income up to $70,500 a year.
Fair Market Rent by unit size
FY2027 FY2026
Fair Market Rents are gross rents: rent plus the cost of all utilities except phone, cable and internet.
Check your household
Enter your household size and total yearly income before taxes to see which HUD income category it falls in for St. Joseph County, IN.
Low income (80% limit)
A household of 4 earning $68,500 is under the 80% limit of $70,500 for this area. At 30% of income it could pay about $1,712 a month for rent and utilities.
This is a quick comparison with HUD's published limits, not an eligibility decision. Programs count income in their own ways and many have waiting lists; the local housing agency or property decides.
Income limits in St. Joseph County
HUD's FY2026 income limits for South Bend-Mishawaka, IN are based on a median family income of $88,100. Programs such as Housing Choice Vouchers, public housing and HOME use the 30%, 50% and 80% columns; Low-Income Housing Tax Credit properties use the 50% and 60% Multifamily Tax Subsidy Project limits.
| People | Extremely low30% / poverty | Very low50% | 60% (LIHTC)MTSP | Low income80% |
|---|---|---|---|---|
| 1 | $18,550 | $30,850 | $37,020 | $49,350 |
| 2 | $21,640 | $35,250 | $42,300 | $56,400 |
| 3 | $27,320 | $39,650 | $47,580 | $63,450 |
| 4 | $33,000 | $44,050 | $52,860 | $70,500 |
| 5 | $38,680 | $47,600 | $57,120 | $76,150 |
| 6 | $44,360 | $51,100 | $61,320 | $81,800 |
| 7 | $50,040 | $54,650 | $65,580 | $87,450 |
| 8 | $55,720 | $58,150 | $69,780 | $93,100 |
HERA Special area. Tax-credit properties placed in service before 2009 may use HUD's higher HERA hold-harmless 60% limits here: $53,400 for four people, against the regular $52,860.
Rent history
Since FY2017 the two-bedroom FMR here has gone from $792 to $1,276, up 61.1% over ten years. HUD has published a two-bedroom FMR for this area since FY1983, when it was $346.
What it takes to afford the rent
To keep a two-bedroom rent of $1,276 at no more than 30% of income, the usual affordability rule, a household needs about $51,000 a year. That is 58% of the area median family income of $88,100, so a typical family can afford it with room to spare.
| Unit | FY2027 | FY2026 | FY2025 | Income to affordat 30% |
|---|---|---|---|---|
| Studio | $937 | $898 | $751 | $37,500 |
| 1 bedroom | $1,093 | $1,105 | $936 | $43,700 |
| 2 bedrooms | $1,276 | $1,292 | $1,095 | $51,000 |
| 3 bedrooms | $1,545 | $1,567 | $1,350 | $61,800 |
| 4 bedrooms | $1,677 | $1,711 | $1,452 | $67,100 |
How St. Joseph County compares
St. Joseph County makes up the South Bend-Mishawaka, IN metro area on its own, so HUD's metro figures and the county figures are the same.
St. Joseph County has the 21st highest two-bedroom Fair Market Rent of the 92 counties in Indiana; the population-weighted average across Indiana is $1,302 and the nationwide average is $1,751.
Small Area FMRs by ZIP code
HUD also publishes Small Area Fair Market Rents for each ZIP code. In St. Joseph County the two-bedroom figure ranges from $1,170 to $1,910 across 24 ZIP codes, against the area-wide $1,276. This area is not on HUD's list of mandatory Small Area FMR areas, so most agencies here use the area-wide FMR; an agency may still opt in to ZIP-level rents.
| ZIP | Place | 2 BR SAFMR | 110% payment std. |
|---|---|---|---|
| 46530 | Granger | $1,910 | $2,101 |
| 46617 | South Bend | $1,770 | $1,947 |
| 46561 | Osceola | $1,420 | $1,562 |
| 46637 | South Bend | $1,420 | $1,562 |
| 46556 | Notre Dame | $1,370 | $1,507 |
| 46545 | Mishawaka | $1,350 | $1,485 |
| 46628 | South Bend | $1,310 | $1,441 |
| 46546 | Mishawaka | $1,280 | $1,408 |
| 46595 | Wyatt | $1,280 | $1,408 |
| 46616 | South Bend | $1,280 | $1,408 |
| 46634 | South Bend | $1,280 | $1,408 |
| 46660 | South Bend | $1,280 | $1,408 |
| 46680 | South Bend | $1,280 | $1,408 |
| 46552 | New Carlisle | $1,260 | $1,386 |
| 46544 | Mishawaka | $1,240 | $1,364 |
| 46613 | South Bend | $1,220 | $1,342 |
| 46624 | South Bend | $1,210 | $1,331 |
| 46619 | South Bend | $1,190 | $1,309 |
| 46615 | South Bend | $1,180 | $1,298 |
| 46554 | North Liberty | $1,170 | $1,287 |
| 46536 | Lakeville | $1,170 | $1,287 |
| 46601 | South Bend | $1,170 | $1,287 |
| 46614 | South Bend | $1,170 | $1,287 |
| 46635 | South Bend | $1,170 | $1,287 |
Questions
What is the Fair Market Rent in St. Joseph County, IN for 2027?
For FY2027 (October 1, 2026 to September 30, 2027) HUD's Fair Market Rents in St. Joseph County, IN are $937 for a studio, $1,093 for one bedroom, $1,276 for two bedrooms, $1,545 for three and $1,677 for four bedrooms, per month including utilities.
What is the area median income in St. Joseph County, IN?
HUD's FY2026 median family income for the area is $88,100, up 0.1% from $88,000 in FY2025.
What is 80% of AMI in St. Joseph County, IN for a family of 4?
The FY2026 low-income limit (80%) for a household of four is $70,500 a year. The very low-income limit (50%) is $44,050 and the extremely low-income limit is $33,000.
What is the 60% AMI limit for tax credit housing in St. Joseph County, IN?
Under HUD's FY2026 Multifamily Tax Subsidy Project limits, the 60% limit is $37,020 for one person and $52,860 for four. Some older tax-credit properties here use higher HERA hold-harmless limits.
Is the Fair Market Rent the same as the Section 8 payment standard?
No. Housing agencies set their payment standard between 90% and 110% of the FMR (for a two-bedroom here: $1,148 to $1,404), and can ask HUD for exceptions. Check the payment standard with your local housing agency.