ZIP 46061 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 46061 in the Indianapolis-Carmel, IN FMR area.
$1,520Efficiency
$1,7001 bedroom
$1,9602 bedrooms
$2,5403 bedrooms
$3,0904 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,520 | $1,368 | $1,672 | $1,187 |
| 1 bedroom | $1,700 | $1,530 | $1,870 | $1,336 |
| 2 bedrooms | $1,960 | $1,764 | $2,156 | $1,536 |
| 3 bedrooms | $2,540 | $2,286 | $2,794 | $1,991 |
| 4 bedrooms | $3,090 | $2,781 | $3,399 | $2,425 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 46061?
HUD's FY2027 Small Area FMRs for ZIP 46061 (Indianapolis-Carmel, IN) are $1,520 efficiency, $1,700 one bedroom, $1,960 two bedrooms, $2,540 three and $3,090 four bedrooms.
What payment standard can a housing authority set in ZIP 46061?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,764 to $2,156.