ZIP 46001 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46001 in the Anderson, IN FMR area.

Anderson, IN

$890Efficiency

$8901 bedroom

$1,1702 bedrooms

$1,5303 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$890	$801	$979	$1,011
1 bedroom	$890	$801	$979	$1,017
2 bedrooms	$1,170	$1,053	$1,287	$1,331
3 bedrooms	$1,530	$1,377	$1,683	$1,743
4 bedrooms	$1,540	$1,386	$1,694	$1,749

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Muncie, IN MSA

$890Efficiency

$8901 bedroom

$1,1702 bedrooms

$1,5303 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$890	$801	$979	$899
1 bedroom	$890	$801	$979	$913
2 bedrooms	$1,170	$1,053	$1,287	$1,145
3 bedrooms	$1,530	$1,377	$1,683	$1,438
4 bedrooms	$1,540	$1,386	$1,694	$1,890

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 46001

$58,027average adjusted gross income per tax return (2022)

$43,916average salaries and wages per return

4,980tax returns filed

24%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	29.7%
$25,000 to $50,000	26.5%
$50,000 to $75,000	16.7%
$75,000 to $100,000	10.4%
$100,000 to $200,000	14.7%
$200,000 or more	2.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46001?

HUD's FY2027 Small Area FMRs for ZIP 46001 (Anderson, IN) are $890 efficiency, $890 one bedroom, $1,170 two bedrooms, $1,530 three and $1,540 four bedrooms.

What payment standard can a housing authority set in ZIP 46001?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,053 to $1,287.

How affordable is rent in ZIP 46001?

Tax returns filed from ZIP 46001 reported an average adjusted gross income of $58,027 (2022). A two-bedroom unit at the Small Area FMR costs $14,040 a year, or 24% of that income.