ZIP 46154 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 46154 in the Indianapolis-Carmel, IN FMR area.
$1,100Efficiency
$1,2401 bedroom
$1,4302 bedrooms
$1,8503 bedrooms
$2,2604 bedrooms
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,100 | $990 | $1,210 | $1,187 |
| 1 bedroom | $1,240 | $1,116 | $1,364 | $1,336 |
| 2 bedrooms | $1,430 | $1,287 | $1,573 | $1,536 |
| 3 bedrooms | $1,850 | $1,665 | $2,035 | $1,991 |
| 4 bedrooms | $2,260 | $2,034 | $2,486 | $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 46154?
HUD's FY2027 Small Area FMRs for ZIP 46154 (Indianapolis-Carmel, IN) are $1,100 efficiency, $1,240 one bedroom, $1,430 two bedrooms, $1,850 three and $2,260 four bedrooms.
What payment standard can a housing authority set in ZIP 46154?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,287 to $1,573.