ZIP 46051 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46051 in the Anderson, IN FMR area.

$1,290Efficiency
$1,3001 bedroom
$1,7002 bedrooms
$2,2303 bedrooms
$2,2304 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,290$1,161$1,419$1,011
1 bedroom$1,300$1,170$1,430$1,017
2 bedrooms$1,700$1,530$1,870$1,331
3 bedrooms$2,230$2,007$2,453$1,743
4 bedrooms$2,230$2,007$2,453$1,749

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

Income in ZIP 46051

$69,379average adjusted gross income per tax return (2022)
$53,339average salaries and wages per return
1,440tax returns filed
29%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.4%
$25,000 to $50,00022.2%
$50,000 to $75,00016.0%
$75,000 to $100,00012.5%
$100,000 to $200,00018.8%
$200,000 or more4.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46051?

HUD's FY2027 Small Area FMRs for ZIP 46051 (Anderson, IN) are $1,290 efficiency, $1,300 one bedroom, $1,700 two bedrooms, $2,230 three and $2,230 four bedrooms.

What payment standard can a housing authority set in ZIP 46051?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,530 to $1,870.

How affordable is rent in ZIP 46051?

Tax returns filed from ZIP 46051 reported an average adjusted gross income of $69,379 (2022). A two-bedroom unit at the Small Area FMR costs $20,400 a year, or 29% of that income.