Rent in Hamilton County, IN at a glance
2-bedroom rent (HUD)
$1,473$17,676 a year · HUD fiscal year 2026From October 1, 2026: $1,536 (+4.3%)How much rent can you afford in Hamilton 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 Hamilton 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 | $1,118 | $13,416 | $44,720 | $21.50/hr |
| 1 bedroom | $1,267 | $15,204 | $50,680 | $24.37/hr |
| 2 bedroomsMost searched | $1,473 | $17,676 | $58,920 | $28.33/hr |
| 3 bedrooms | $1,907 | $22,884 | $76,280 | $36.67/hr |
| 4 bedrooms | $2,338 | $28,056 | $93,520 | $44.96/hr |
Cost of living in Hamilton County, IN: income, prices and a budget →
Living and working in Hamilton County, IN
Rent in Hamilton County, IN: common questions
How much is rent going up in Hamilton County, IN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,536 for a two-bedroom, up 4.3% from $1,473. A one-bedroom goes from $1,267 to $1,336, a studio from $1,118 to $1,187.
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 Hamilton County, IN?
HUD's Fair Market Rent for 2026 is $1,267 for a one-bedroom and $1,473 for a two-bedroom, utilities included. That is $17,676 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 Hamilton County, IN?
To keep a $1,473 two-bedroom at 30% of gross pay, one full-time worker needs $28.33 an hour, or $58,920 a year. A one-bedroom at $1,267 takes $24.37 an hour.
How much is a 1, 2 or 3-bedroom apartment in Hamilton County, IN?
At HUD's 2026 Fair Market Rent: studio $1,118, one bedroom $1,267, two $1,473, three $1,907 and four $2,338 a month.
Is rent affordable in Hamilton County, IN?
For the typical household, earning $121,530 a year ($10,128 a month, Census ACS), a two-bedroom at $1,473 takes 14.5% 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: ($1,473 × 12) ÷ 0.30 = $58,920. Divided by 2,080 working hours, that is $28.33 an hour.