Gary, IN HUD Metro FMR Area · FY2026 area median income $100,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $353 | $530 | $707 | $883 | $1,060 | $1,237 | $1,414 |
| 1BR | $378 | $568 | $757 | $946 | $1,136 | $1,325 | $1,515 |
| 2BR | $454 | $681 | $909 | $1,136 | $1,363 | $1,590 | $1,818 |
| 3BR | $524 | $787 | $1,049 | $1,311 | $1,574 | $1,836 | $2,099 |
| 4BR | $585 | $878 | $1,171 | $1,463 | $1,756 | $2,049 | $2,342 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $21,210 | $35,350 | $42,420 | $56,560 |
| 2 persons | $24,240 | $40,400 | $48,480 | $64,640 |
| 3 persons | $27,270 | $45,450 | $54,540 | $72,720 |
| 4 persons | $30,270 | $50,450 | $60,540 | $80,720 |
| 5 persons | $32,700 | $54,500 | $65,400 | $87,200 |
| 6 persons | $35,130 | $58,550 | $70,260 | $93,680 |
| 7 persons | $37,560 | $62,600 | $75,120 | $100,160 |
| 8 persons | $39,960 | $66,600 | $79,920 | $106,560 |
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 Newton County to see the sources and uses, bond test, DSCR, and funding gap using these rents.