Howard County, IN Fair Market Rent FY2027

Part of the Kokomo, IN MSA metro FMR area. Fair Market Rents apply from October 1, 2026.

$909Efficiency +2.8%
$9151 bedroom +2.8%
$1,1792 bedrooms +5.0%
$1,4203 bedrooms +2.3%
$1,6364 bedrooms +4.4%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$909$884+2.8%
1 bedroom$915$890+2.8%
2 bedrooms$1,179$1,123+5.0%
3 bedrooms$1,420$1,388+2.3%
4 bedrooms$1,636$1,567+4.4%

FY2026 income limits

Median family income: $96,200

Household size12345678
Extremely low (30%)$20,000$22,850$27,320$33,000$38,680$44,360$50,040$55,720
Very low (50%)$33,350$38,100$42,850$47,600$51,450$55,250$59,050$62,850
Low income (80%)$53,350$60,950$68,550$76,150$82,250$88,350$94,450$100,550

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $3301983FY1985: $344FY1986: $370FY1987: $381FY1988: $391FY1989: $4001989FY1990: $411FY1991: $423FY1992: $436FY1993: $447FY1994: $4201994FY1995: $419FY1996: $429FY1997: $503FY1998: $516FY1999: $5251999FY2000: $532FY2001: $539FY2002: $557FY2003: $567FY2004: $5712004FY2005: $589FY2006: $602FY2007: $620FY2008: $662FY2009: $6872009FY2010: $696FY2011: $707FY2012: $649FY2013: $654FY2014: $6632014FY2015: $704FY2016: $673FY2017: $745FY2018: $697FY2019: $7162019FY2020: $730FY2021: $732FY2022: $738FY2023: $877FY2024: $9802024FY2025: $1,019FY2026: $1,123FY2027: $1,1792027

Small Area FMRs by ZIP code

ZIP1 BR2 BR3 BR
46039$900$1,130$1,430
46041$850$1,040$1,380
46068$1,050$1,380$1,640
46076$1,020$1,340$1,590
46901$870$1,120$1,350
46902$920$1,190$1,430
46903$920$1,180$1,420
46904$920$1,180$1,420
46919$810$1,020$1,280
46928$850$1,090$1,440
46929$810$1,020$1,250
46932$830$1,020$1,350
46936$920$1,180$1,420
46937$920$1,190$1,430
46965$920$1,190$1,430
46979$920$1,180$1,420
46995$920$1,180$1,420

All ZIP codes in the Kokomo, IN MSA FMR area.

Questions and answers

What is the Fair Market Rent in Howard County, IN for FY2027?

HUD set the FY2027 Fair Market Rents for Howard County, IN at $909 for an efficiency, $915 for one bedroom, $1,179 for two bedrooms, $1,420 for three and $1,636 for four bedrooms.

How much did Fair Market Rent change in Howard County, IN?

The two-bedroom FMR changed from $1,123 in FY2026 to $1,179 in FY2027 (+5.0%).

What are the HUD income limits for Howard County, IN?

For FY2026 the median family income is $96,200. The low-income (80%) limit for a family of four is $76,150, very low income (50%) $47,600 and extremely low income $33,000.