ZIP 46725 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46725 in the Fort Wayne, IN FMR area.

Fort Wayne, IN

$980Efficiency

$9801 bedroom

$1,2002 bedrooms

$1,4703 bedrooms

$1,6204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$980	$882	$1,078	$1,025
1 bedroom	$980	$882	$1,078	$1,026
2 bedrooms	$1,200	$1,080	$1,320	$1,248
3 bedrooms	$1,470	$1,323	$1,617	$1,534
4 bedrooms	$1,620	$1,458	$1,782	$1,679

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Huntington County, IN

$980Efficiency

$9801 bedroom

$1,2002 bedrooms

$1,4703 bedrooms

$1,6204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$980	$882	$1,078	$759
1 bedroom	$980	$882	$1,078	$781
2 bedrooms	$1,200	$1,080	$1,320	$1,014
3 bedrooms	$1,470	$1,323	$1,617	$1,311
4 bedrooms	$1,620	$1,458	$1,782	$1,634

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Noble County, IN

$980Efficiency

$9801 bedroom

$1,2002 bedrooms

$1,4703 bedrooms

$1,6204 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$980	$882	$1,078	$765
1 bedroom	$980	$882	$1,078	$782
2 bedrooms	$1,200	$1,080	$1,320	$1,023
3 bedrooms	$1,470	$1,323	$1,617	$1,219
4 bedrooms	$1,620	$1,458	$1,782	$1,710

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 46725

$74,475average adjusted gross income per tax return (2022)

$53,759average salaries and wages per return

12,190tax returns filed

19%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.7%
$25,000 to $50,000	23.0%
$50,000 to $75,000	15.8%
$75,000 to $100,000	11.5%
$100,000 to $200,000	18.9%
$200,000 or more	4.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46725?

HUD's FY2027 Small Area FMRs for ZIP 46725 (Fort Wayne, IN) are $980 efficiency, $980 one bedroom, $1,200 two bedrooms, $1,470 three and $1,620 four bedrooms.

What payment standard can a housing authority set in ZIP 46725?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,080 to $1,320.

How affordable is rent in ZIP 46725?

Tax returns filed from ZIP 46725 reported an average adjusted gross income of $74,475 (2022). A two-bedroom unit at the Small Area FMR costs $14,400 a year, or 19% of that income.