ZIP 46060 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46060 in the Anderson, IN FMR area.

Anderson, IN

$1,280Efficiency
$1,4401 bedroom
$1,6602 bedrooms
$2,1503 bedrooms
$2,6204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,280$1,152$1,408$1,011
1 bedroom$1,440$1,296$1,584$1,017
2 bedrooms$1,660$1,494$1,826$1,331
3 bedrooms$2,150$1,935$2,365$1,743
4 bedrooms$2,620$2,358$2,882$1,749

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

Indianapolis-Carmel, IN

$1,280Efficiency
$1,4401 bedroom
$1,6602 bedrooms
$2,1503 bedrooms
$2,6204 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,280$1,152$1,408$1,187
1 bedroom$1,440$1,296$1,584$1,336
2 bedrooms$1,660$1,494$1,826$1,536
3 bedrooms$2,150$1,935$2,365$1,991
4 bedrooms$2,620$2,358$2,882$2,425

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

Income in ZIP 46060

$92,463average adjusted gross income per tax return (2022)
$66,689average salaries and wages per return
21,680tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.3%
$25,000 to $50,00020.5%
$50,000 to $75,00015.1%
$75,000 to $100,00010.9%
$100,000 to $200,00021.8%
$200,000 or more7.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46060?

HUD's FY2027 Small Area FMRs for ZIP 46060 (Anderson, IN) are $1,280 efficiency, $1,440 one bedroom, $1,660 two bedrooms, $2,150 three and $2,620 four bedrooms.

What payment standard can a housing authority set in ZIP 46060?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,494 to $1,826.

How affordable is rent in ZIP 46060?

Tax returns filed from ZIP 46060 reported an average adjusted gross income of $92,463 (2022). A two-bedroom unit at the Small Area FMR costs $19,920 a year, or 22% of that income.