Indiana · HUD FY2026 Fair Market Rents · Updated

Rent in Wayne County, IN

HUD puts rent for a two-bedroom in Wayne County, IN at $956 a month for 2026, and a one-bedroom at $729. Keeping the two-bedroom under 30% of income takes $18.38 an hour full time, or $38,240 a year. The typical household there would spend 20.6% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,014 (up 6.1%).

Rent in Wayne County, IN at a glance

2-bedroom rent (HUD)

$956$11,472 a year · HUD fiscal year 2026From October 1, 2026: $1,014 (+6.1%)
Studio$724$14/hr needed
1 bedroom$729$14/hr needed
Wage a 2-bedroom takes$18.38an hour, 40 hours a week
3 bedrooms$1,191$23/hr needed

How much rent can you afford in Wayne 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$956Monthly market rent
Share of gross income20.6%Recommended max: 30%
Annual income needed$38,240To meet the 30% standard
Max affordable rent$1,392At 30% of $55,692
0%30% (Affordability standard)100%
Compare against:

Rent in Wayne 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 Wayne County, IN, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$724$8,688$28,960$13.92/hr
1 bedroom$729$8,748$29,160$14.02/hr
2 bedroomsMost searched$956$11,472$38,240$18.38/hr
3 bedrooms$1,191$14,292$47,640$22.90/hr
4 bedrooms$1,266$15,192$50,640$24.35/hr

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

Rent in Wayne County, IN: common questions

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

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,014 for a two-bedroom, up 6.1% from $956. A one-bedroom goes from $729 to $775, a studio from $724 to $770.

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 Wayne County, IN?

HUD's Fair Market Rent for 2026 is $729 for a one-bedroom and $956 for a two-bedroom, utilities included. That is $11,472 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 Wayne County, IN?

To keep a $956 two-bedroom at 30% of gross pay, one full-time worker needs $18.38 an hour, or $38,240 a year. A one-bedroom at $729 takes $14.02 an hour.

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

At HUD's 2026 Fair Market Rent: studio $724, one bedroom $729, two $956, three $1,191 and four $1,266 a month.

Is rent affordable in Wayne County, IN?

For the typical household, earning $55,692 a year ($4,641 a month, Census ACS), a two-bedroom at $956 takes 20.6% 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: ($956 × 12) ÷ 0.30 = $38,240. Divided by 2,080 working hours, that is $18.38 an hour.