ZIP 46056 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46056 in the Anderson, IN FMR area.

Anderson, IN

$1,120Efficiency

$1,1201 bedroom

$1,4702 bedrooms

$1,9203 bedrooms

$1,9404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,120	$1,008	$1,232	$1,011
1 bedroom	$1,120	$1,008	$1,232	$1,017
2 bedrooms	$1,470	$1,323	$1,617	$1,331
3 bedrooms	$1,920	$1,728	$2,112	$1,743
4 bedrooms	$1,940	$1,746	$2,134	$1,749

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

Indianapolis-Carmel, IN

$1,120Efficiency

$1,1201 bedroom

$1,4702 bedrooms

$1,9203 bedrooms

$1,9404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,120	$1,008	$1,232	$1,187
1 bedroom	$1,120	$1,008	$1,232	$1,336
2 bedrooms	$1,470	$1,323	$1,617	$1,536
3 bedrooms	$1,920	$1,728	$2,112	$1,991
4 bedrooms	$1,940	$1,746	$2,134	$2,425

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

Henry County, IN

$1,120Efficiency

$1,1201 bedroom

$1,4702 bedrooms

$1,9203 bedrooms

$1,9404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,120	$1,008	$1,232	$805
1 bedroom	$1,120	$1,008	$1,232	$810
2 bedrooms	$1,470	$1,323	$1,617	$1,014
3 bedrooms	$1,920	$1,728	$2,112	$1,208
4 bedrooms	$1,940	$1,746	$2,134	$1,333

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

Income in ZIP 46056

$81,126average adjusted gross income per tax return (2022)

$53,523average salaries and wages per return

1,170tax returns filed

22%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	24.8%
$25,000 to $50,000	23.1%
$50,000 to $75,000	17.1%
$75,000 to $100,000	12.0%
$100,000 to $200,000	18.8%
$200,000 or more	4.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.1% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46056?

HUD's FY2027 Small Area FMRs for ZIP 46056 (Anderson, IN) are $1,120 efficiency, $1,120 one bedroom, $1,470 two bedrooms, $1,920 three and $1,940 four bedrooms.

What payment standard can a housing authority set in ZIP 46056?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,323 to $1,617.

How affordable is rent in ZIP 46056?

Tax returns filed from ZIP 46056 reported an average adjusted gross income of $81,126 (2022). A two-bedroom unit at the Small Area FMR costs $17,640 a year, or 22% of that income.