Michigan City-La Porte, IN MSA · FY2026 area median income $89,300 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $313 | $469 | $626 | $782 | $939 | $1,095 | $1,252 |
| 1BR | $335 | $502 | $670 | $838 | $1,005 | $1,173 | $1,341 |
| 2BR | $402 | $603 | $804 | $1,005 | $1,206 | $1,407 | $1,608 |
| 3BR | $464 | $696 | $929 | $1,161 | $1,393 | $1,625 | $1,858 |
| 4BR | $518 | $777 | $1,036 | $1,295 | $1,554 | $1,813 | $2,072 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,780 | $31,300 | $37,560 | $50,080 |
| 2 persons | $21,450 | $35,750 | $42,900 | $57,200 |
| 3 persons | $24,120 | $40,200 | $48,240 | $64,320 |
| 4 persons | $26,790 | $44,650 | $53,580 | $71,440 |
| 5 persons | $28,950 | $48,250 | $57,900 | $77,200 |
| 6 persons | $31,080 | $51,800 | $62,160 | $82,880 |
| 7 persons | $33,240 | $55,400 | $66,480 | $88,640 |
| 8 persons | $35,370 | $58,950 | $70,740 | $94,320 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in LaPorte County to see the sources and uses, bond test, DSCR, and funding gap using these rents.