Boone County, IN
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $1,118/mo | $1,006 – $1,230/mo |
| 1 BR | $1,267/mo | $1,140 – $1,394/mo |
| 2 BR | $1,473/mo | $1,326 – $1,620/mo |
| 3 BR | $1,907/mo | $1,716 – $2,098/mo |
| 4 BR | $2,338/mo | $2,104 – $2,572/mo |
Fair Market Rent by unit size — Boone County, IN (FY 2026)
Source: HUD FY 2026 data for Boone County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Finding the housing authority
We don't have a housing authority on file for Boone County yet. Use the Housing Authority Finder with a local ZIP code to locate the agency that administers vouchers here.
Am I eligible?
To qualify for a Housing Choice Voucher in Boone County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $38,650 |
| 2 people | $44,150 |
| 3 people | $49,650 |
| 4 people | $55,150 |
| 5 people | $59,600 |
| 6 people | $64,000 |
| 7 people | $68,400 |
| 8 people | $72,800 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Boone County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
- Elderly
MEADOWS ON MAIN
3863 S MAIN ST, WHITESTOWN, IN, 46075264 income-restricted units72 1BR, 108 2BR, 68 3BR, 16 4BR+Built 20239% LIHTCCompliance through ~2053 - Elderly
GLASSWATER CREEK OF WHITESTOWN
5829 NEW HOPE BLVD, WHITESTOWN, IN, 45075126 income-restricted units46 studio, 80 1BRBuilt 20229% LIHTCCompliance through ~2052 STOKES COMMONS
1005 S MERIDIAN STREET, LEBANON, IN, 4605268 income-restricted units45 1BR, 23 2BRBuilt 20184% LIHTCCompliance through ~2048LEBANON POINTE
721 CROWN POINTE DR, LEBANON, IN, 4605262 income-restricted units12 1BR, 44 2BR, 6 3BRBuilt 20124% LIHTCCompliance through ~2042CANTERBURY HOUSE APTS - LEBANON
515 DOGWOOD DR, LEBANON, IN, 46052139 income-restricted units of 166 total30 1BR, 76 2BR, 42 3BR, 18 4BR+Built 20064% LIHTCCompliance through ~2036
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Boone County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →