Indiana · HUD FY2026 Fair Market Rents · Updated

Rent in Noble County, IN

HUD puts rent for a two-bedroom in Noble County, IN at $967 a month for 2026, and a one-bedroom at $737. Keeping the two-bedroom under 30% of income takes $18.60 an hour full time, or $38,680 a year. The typical household there would spend 16.2% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,023 (up 5.8%).

Rent in Noble County, IN at a glance

2-bedroom rent (HUD)

$967$11,604 a year · HUD fiscal year 2026From October 1, 2026: $1,023 (+5.8%)
Studio$682$13/hr needed
1 bedroom$737$14/hr needed
Wage a 2-bedroom takes$18.60an hour, 40 hours a week
3 bedrooms$1,159$22/hr needed

How much rent can you afford in Noble County, IN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$967Monthly market rent
Share of gross income16.2%Recommended max: 30%
Annual income needed$38,680To meet the 30% standard
Max affordable rent$1,793At 30% of $71,723
0%30% (Affordability standard)100%
Compare against:

Rent in Noble 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.

HUD Fair Market Rent in Noble County, IN, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$682$8,184$27,280$13.12/hr
1 bedroom$737$8,844$29,480$14.17/hr
2 bedroomsMost searched$967$11,604$38,680$18.60/hr
3 bedrooms$1,159$13,908$46,360$22.29/hr
4 bedrooms$1,622$19,464$64,880$31.19/hr

Cost of living in Noble County, IN: income, prices and a budget →

Rent in Noble County, IN: common questions

How much is rent going up in Noble County, IN in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,023 for a two-bedroom, up 5.8% from $967. A one-bedroom goes from $737 to $782, a studio from $682 to $765.

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 Noble County, IN?

HUD's Fair Market Rent for 2026 is $737 for a one-bedroom and $967 for a two-bedroom, utilities included. That is $11,604 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 Noble County, IN?

To keep a $967 two-bedroom at 30% of gross pay, one full-time worker needs $18.60 an hour, or $38,680 a year. A one-bedroom at $737 takes $14.17 an hour.

How much is a 1, 2 or 3-bedroom apartment in Noble County, IN?

At HUD's 2026 Fair Market Rent: studio $682, one bedroom $737, two $967, three $1,159 and four $1,622 a month.

Is rent affordable in Noble County, IN?

For the typical household, earning $71,723 a year ($5,977 a month, Census ACS), a two-bedroom at $967 takes 16.2% 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: ($967 × 12) ÷ 0.30 = $38,680. Divided by 2,080 working hours, that is $18.60 an hour.