What is the Fair Market Rent in Tippecanoe County, IN for 2026?

For FY2026, HUD's Fair Market Rent in Tippecanoe County (Lafayette-West Lafayette, IN HUD Metro FMR Area) is $894 for a studio, $1,032 for 1 bedroom, $1,242 for 2 bedrooms, $1,489 for 3 bedrooms, and $1,992 for 4 bedrooms.

How much will a Section 8 voucher cover in Tippecanoe County?

Housing authorities set the payment standard between 90% and 110% of the Fair Market Rent. For a 2-bedroom in Tippecanoe County that range is about $1,118–$1,366 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.

Tippecanoe County, IN Fair Market Rent & Section 8 (FY2026)

Official HUD Fair Market Rent for Tippecanoe County (Lafayette-West Lafayette, IN HUD Metro FMR Area), with the typical 90–110% Section 8 voucher payment-standard range.

$1,242 / mo · 2 BR FMR

Unit size	Fair Market Rent	Voucher range (90–110%)
Studio	$894	$805–$983
1 BR	$1,032	$929–$1,135
2 BR	$1,242	$1,118–$1,366
3 BR	$1,489	$1,340–$1,638
4 BR	$1,992	$1,793–$2,191

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 Tippecanoe 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 $1,118–$1,366/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.

Heads up: The figure above is the HUD Fair Market Rent. Your local Public Housing Authority (PHA) sets the actual payment standard — usually between 90% and 110% of it — so confirm your exact amount with the PHA that issued the voucher.

Frequently asked questions

What is the Fair Market Rent in Tippecanoe County, IN for 2026?: For FY2026, HUD's Fair Market Rent in Tippecanoe County (Lafayette-West Lafayette, IN HUD Metro FMR Area) is $894 for a studio, $1,032 for 1 bedroom, $1,242 for 2 bedrooms, $1,489 for 3 bedrooms, and $1,992 for 4 bedrooms.
How much will a Section 8 voucher cover in Tippecanoe County?: Housing authorities set the payment standard between 90% and 110% of the Fair Market Rent. For a 2-bedroom in Tippecanoe County that range is about $1,118–$1,366 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.

This page shows official HUD Fair Market Rent data for general educational use — it is not legal, financial, or housing advice, and is not a guarantee of any voucher amount. Your local Public Housing Authority sets the actual payment standard and approves rents. Always confirm with your PHA and the official HUD FMR data.

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