Monroe County, IN Fair Market Rent & Section 8 (FY2026)
Official HUD Fair Market Rent for Monroe County (Bloomington, IN HUD Metro FMR Area), with the typical 90–110% Section 8 voucher payment-standard range.
| Unit size | Fair Market Rent | Voucher range (90–110%) |
|---|---|---|
| Studio | $966 | $869–$1,063 |
| 1 BR | $1,072 | $965–$1,179 |
| 2 BR | $1,210 | $1,089–$1,331 |
| 3 BR | $1,572 | $1,415–$1,729 |
| 4 BR | $1,906 | $1,715–$2,097 |
Source: HUD FY2026 Fair Market Rents. Voucher range = 90–110% of FMR (your PHA sets the exact standard).
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What this means
If you rent (or are renting out) a home in Monroe County with a Housing Choice Voucher, the housing authority caps assistance at its payment standard — usually 90–110% of the Fair Market Rent above. A 2-bedroom payment standard here is roughly $1,089–$1,331/month. The tenant generally pays about 30% of adjusted income toward rent and utilities, and the voucher covers the rest up to the standard. The unit must also pass a housing-quality inspection and a rent-reasonableness check.
Frequently asked questions
- What is the Fair Market Rent in Monroe County, IN for 2026?
- For FY2026, HUD's Fair Market Rent in Monroe County (Bloomington, IN HUD Metro FMR Area) is $966 for a studio, $1,072 for 1 bedroom, $1,210 for 2 bedrooms, $1,572 for 3 bedrooms, and $1,906 for 4 bedrooms.
- How much will a Section 8 voucher cover in Monroe County?
- Housing authorities set the payment standard between 90% and 110% of the Fair Market Rent. For a 2-bedroom in Monroe County that range is about $1,089–$1,331 per month. Your local PHA sets the exact figure, and your share is generally about 30% of your adjusted monthly income.
- Is Fair Market Rent the same as the voucher amount?
- No. FMR is HUD's rent estimate for the area; the voucher payment standard is set by your local Public Housing Authority within 90–110% of FMR, and the rent must also pass a "rent reasonableness" review and a housing-quality inspection.