Indiana · FIPS 18141 · HUD FY 2027
St. Joseph County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in St. Joseph County is $1,276 a month (rent plus utilities), 2% below the Indiana average of $1,302 and 28% below the U.S. average of $1,761. That is down $16 (1.2%) from FY 2026. At 30% of income, a household needs about $51,040 a year to afford it.
- $1,2762-bedroom FMR−$16 (−1.2%) vs FY 2026
- $1,0931-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $51,040Income for a 2-bedroom$25/hour full-time
- 18 of 922BR rank in Indiana1 = highest rent
| Unit | St. Joseph County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $937 | $898 | +$39 (+4.3%) | $1,005 | $1,379 | $37,480 |
| 1 bedroom | $1,093 | $1,105 | −$12 (−1.1%) | $1,082 | $1,478 | $43,720 |
| 2 bedrooms | $1,276 | $1,292 | −$16 (−1.2%) | $1,302 | $1,761 | $51,040 |
| 3 bedrooms | $1,545 | $1,567 | −$22 (−1.4%) | $1,642 | $2,266 | $61,800 |
| 4 bedrooms | $1,677 | $1,711 | −$34 (−2.0%) | $1,904 | $2,607 | $67,080 |
How St. Joseph County compares
- HUD sets this rent for the South Bend-Mishawaka, IN metro FMR area, which covers 273,040 residents in 1 county.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $937, $1,093, $1,276, $1,545, $1,677. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 20 ZIP codes mostly in St. Joseph County (by land area), the 2-bedroom figure ranges from $1,170 to $1,910.
Small Area FMRs by ZIP code in St. Joseph County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 46530 | $1,410 | $1,630 | $1,910 | $2,320 | $2,520 | +$50 (+2.7%) | 50% above |
| 46536 | $810 | $1,000 | $1,170 | $1,420 | $1,540 | +$30 (+2.6%) | 8% below |
| 46544 | $910 | $1,060 | $1,240 | $1,500 | $1,630 | −$30 (−2.4%) | 3% below |
| 46545 | $990 | $1,160 | $1,350 | $1,630 | $1,770 | +$20 (+1.5%) | 6% above |
| 46552 | $940 | $1,060 | $1,260 | $1,530 | $1,700 | +$100 (+8.6%) | 1% below |
| 46554 | $840 | $1,000 | $1,170 | $1,420 | $1,540 | +$110 (+10.4%) | 8% below |
| 46556 | $960 | $1,170 | $1,370 | $1,670 | $1,820 | −$150 (−9.9%) | 7% above |
| 46561 | $1,060 | $1,210 | $1,420 | $1,740 | $1,880 | +$30 (+2.2%) | 11% above |
| 46595 | $940 | $1,100 | $1,280 | $1,550 | $1,680 | +$280 (+28.0%) | about the same as |
| 46601 | $810 | $1,000 | $1,170 | $1,420 | $1,540 | +$110 (+10.4%) | 8% below |
| 46613 | $900 | $1,050 | $1,220 | $1,480 | $1,600 | −$60 (−4.7%) | 4% below |
| 46614 | $810 | $1,000 | $1,170 | $1,420 | $1,540 | +$60 (+5.4%) | 8% below |
| 46615 | $870 | $1,010 | $1,180 | $1,430 | $1,550 | −$10 (−0.8%) | 8% below |
| 46616 | $940 | $1,100 | $1,280 | $1,550 | $1,680 | −$20 (−1.5%) | about the same as |
| 46617 | $1,300 | $1,520 | $1,770 | $2,140 | $2,330 | −$10 (−0.6%) | 39% above |
| 46619 | $870 | $1,020 | $1,190 | $1,440 | $1,560 | no change | 7% below |
| 46624 | $890 | $1,040 | $1,210 | $1,460 | $1,590 | −$80 (−6.2%) | 5% below |
| 46628 | $960 | $1,120 | $1,310 | $1,590 | $1,720 | no change | 3% above |
| 46635 | $850 | $1,000 | $1,170 | $1,420 | $1,540 | −$30 (−2.5%) | 8% below |
| 46637 | $1,040 | $1,220 | $1,420 | $1,720 | $1,870 | −$20 (−1.4%) | 11% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.