Rent in Clay County, IN at a glance
2-bedroom rent (HUD)
$1,094$13,128 a year · HUD fiscal year 2026From October 1, 2026: $1,164 (+6.4%)How much rent can you afford in Clay County, IN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Clay County, IN by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $859 | $10,308 | $34,360 | $16.52/hr |
| 1 bedroom | $864 | $10,368 | $34,560 | $16.62/hr |
| 2 bedroomsMost searched | $1,094 | $13,128 | $43,760 | $21.04/hr |
| 3 bedrooms | $1,312 | $15,744 | $52,480 | $25.23/hr |
| 4 bedrooms | $1,535 | $18,420 | $61,400 | $29.52/hr |
Cost of living in Clay County, IN: income, prices and a budget →
Living and working in Clay County, IN
Rent in Clay County, IN: common questions
How much is rent going up in Clay County, IN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,164 for a two-bedroom, up 6.4% from $1,094. A one-bedroom goes from $864 to $896, a studio from $859 to $890.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Clay County, IN?
HUD's Fair Market Rent for 2026 is $864 for a one-bedroom and $1,094 for a two-bedroom, utilities included. That is $13,128 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Clay County, IN?
To keep a $1,094 two-bedroom at 30% of gross pay, one full-time worker needs $21.04 an hour, or $43,760 a year. A one-bedroom at $864 takes $16.62 an hour.
How much is a 1, 2 or 3-bedroom apartment in Clay County, IN?
At HUD's 2026 Fair Market Rent: studio $859, one bedroom $864, two $1,094, three $1,312 and four $1,535 a month.
Is rent affordable in Clay County, IN?
For the typical household, earning $70,010 a year ($5,834 a month, Census ACS), a two-bedroom at $1,094 takes 18.8% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,094 × 12) ÷ 0.30 = $43,760. Divided by 2,080 working hours, that is $21.04 an hour.