ZIP 46125 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 46125 in the Indianapolis-Carmel, IN FMR area.
$1,000Efficiency
$1,1301 bedroom
$1,3002 bedrooms
$1,6803 bedrooms
$2,0504 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,000 | $900 | $1,100 | $1,187 |
| 1 bedroom | $1,130 | $1,017 | $1,243 | $1,336 |
| 2 bedrooms | $1,300 | $1,170 | $1,430 | $1,536 |
| 3 bedrooms | $1,680 | $1,512 | $1,848 | $1,991 |
| 4 bedrooms | $2,050 | $1,845 | $2,255 | $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 46125?
HUD's FY2027 Small Area FMRs for ZIP 46125 (Indianapolis-Carmel, IN) are $1,000 efficiency, $1,130 one bedroom, $1,300 two bedrooms, $1,680 three and $2,050 four bedrooms.
What payment standard can a housing authority set in ZIP 46125?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,170 to $1,430.