ZIP 46036 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46036 in the Anderson, IN FMR area.

Anderson, IN

$910Efficiency

$9201 bedroom

$1,2002 bedrooms

$1,5703 bedrooms

$1,5804 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$1,011
1 bedroom	$920	$828	$1,012	$1,017
2 bedrooms	$1,200	$1,080	$1,320	$1,331
3 bedrooms	$1,570	$1,413	$1,727	$1,743
4 bedrooms	$1,580	$1,422	$1,738	$1,749

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

Indianapolis-Carmel, IN

$910Efficiency

$9201 bedroom

$1,2002 bedrooms

$1,5703 bedrooms

$1,5804 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$1,187
1 bedroom	$920	$828	$1,012	$1,336
2 bedrooms	$1,200	$1,080	$1,320	$1,536
3 bedrooms	$1,570	$1,413	$1,727	$1,991
4 bedrooms	$1,580	$1,422	$1,738	$2,425

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

Tipton County, IN

$910Efficiency

$9201 bedroom

$1,2002 bedrooms

$1,5703 bedrooms

$1,5804 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$941
1 bedroom	$920	$828	$1,012	$947
2 bedrooms	$1,200	$1,080	$1,320	$1,239
3 bedrooms	$1,570	$1,413	$1,727	$1,476
4 bedrooms	$1,580	$1,422	$1,738	$1,628

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

Grant County, IN

$910Efficiency

$9201 bedroom

$1,2002 bedrooms

$1,5703 bedrooms

$1,5804 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$910	$819	$1,001	$748
1 bedroom	$920	$828	$1,012	$804
2 bedrooms	$1,200	$1,080	$1,320	$1,014
3 bedrooms	$1,570	$1,413	$1,727	$1,329
4 bedrooms	$1,580	$1,422	$1,738	$1,488

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

Income in ZIP 46036

$53,480average adjusted gross income per tax return (2022)

$40,491average salaries and wages per return

5,280tax returns filed

27%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	32.0%
$25,000 to $50,000	28.8%
$50,000 to $75,000	16.1%
$75,000 to $100,000	9.8%
$100,000 to $200,000	11.6%
$200,000 or more	1.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46036?

HUD's FY2027 Small Area FMRs for ZIP 46036 (Anderson, IN) are $910 efficiency, $920 one bedroom, $1,200 two bedrooms, $1,570 three and $1,580 four bedrooms.

What payment standard can a housing authority set in ZIP 46036?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,080 to $1,320.

How affordable is rent in ZIP 46036?

Tax returns filed from ZIP 46036 reported an average adjusted gross income of $53,480 (2022). A two-bedroom unit at the Small Area FMR costs $14,400 a year, or 27% of that income.