Noble County, IN · FY2026 area median income $86,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $303 | $455 | $607 | $758 | $910 | $1,062 | $1,214 |
| 1BR | $325 | $487 | $650 | $813 | $975 | $1,138 | $1,301 |
| 2BR | $390 | $585 | $781 | $976 | $1,171 | $1,366 | $1,562 |
| 3BR | $451 | $676 | $902 | $1,127 | $1,353 | $1,578 | $1,804 |
| 4BR | $503 | $754 | $1,006 | $1,257 | $1,509 | $1,760 | $2,012 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,210 | $30,350 | $36,420 | $48,560 |
| 2 persons | $20,820 | $34,700 | $41,640 | $55,520 |
| 3 persons | $23,430 | $39,050 | $46,860 | $62,480 |
| 4 persons | $26,010 | $43,350 | $52,020 | $69,360 |
| 5 persons | $28,110 | $46,850 | $56,220 | $74,960 |
| 6 persons | $30,180 | $50,300 | $60,360 | $80,480 |
| 7 persons | $32,280 | $53,800 | $64,560 | $86,080 |
| 8 persons | $34,350 | $57,250 | $68,700 | $91,600 |
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 Noble County to see the sources and uses, bond test, DSCR, and funding gap using these rents.