ZIP 46111 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 46111 in the Indianapolis-Carmel, IN FMR area.
$1,070Efficiency
$1,2101 bedroom
$1,3802 bedrooms
$1,7903 bedrooms
$2,1804 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,070 | $963 | $1,177 | $1,187 |
| 1 bedroom | $1,210 | $1,089 | $1,331 | $1,336 |
| 2 bedrooms | $1,380 | $1,242 | $1,518 | $1,536 |
| 3 bedrooms | $1,790 | $1,611 | $1,969 | $1,991 |
| 4 bedrooms | $2,180 | $1,962 | $2,398 | $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 46111?
HUD's FY2027 Small Area FMRs for ZIP 46111 (Indianapolis-Carmel, IN) are $1,070 efficiency, $1,210 one bedroom, $1,380 two bedrooms, $1,790 three and $2,180 four bedrooms.
What payment standard can a housing authority set in ZIP 46111?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,242 to $1,518.