ZIP 46144 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46144 in the Indianapolis-Carmel, IN FMR area.

$1,030Efficiency
$1,1601 bedroom
$1,3402 bedrooms
$1,7303 bedrooms
$2,1004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,030$927$1,133$1,187
1 bedroom$1,160$1,044$1,276$1,336
2 bedrooms$1,340$1,206$1,474$1,536
3 bedrooms$1,730$1,557$1,903$1,991
4 bedrooms$2,100$1,890$2,310$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 46144?

HUD's FY2027 Small Area FMRs for ZIP 46144 (Indianapolis-Carmel, IN) are $1,030 efficiency, $1,160 one bedroom, $1,340 two bedrooms, $1,730 three and $2,100 four bedrooms.

What payment standard can a housing authority set in ZIP 46144?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,206 to $1,474.