ZIP 46732 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46732 in the Kosciusko County, IN FMR area.

Kosciusko County, IN

$830Efficiency

$8501 bedroom

$1,1102 bedrooms

$1,3303 bedrooms

$1,7004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$882
1 bedroom	$850	$765	$935	$888
2 bedrooms	$1,110	$999	$1,221	$1,162
3 bedrooms	$1,330	$1,197	$1,463	$1,410
4 bedrooms	$1,700	$1,530	$1,870	$1,527

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

Noble County, IN

$830Efficiency

$8501 bedroom

$1,1102 bedrooms

$1,3303 bedrooms

$1,7004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$830	$747	$913	$765
1 bedroom	$850	$765	$935	$782
2 bedrooms	$1,110	$999	$1,221	$1,023
3 bedrooms	$1,330	$1,197	$1,463	$1,219
4 bedrooms	$1,700	$1,530	$1,870	$1,710

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

Income in ZIP 46732

$54,463average adjusted gross income per tax return (2022)

$44,090average salaries and wages per return

1,380tax returns filed

24%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	29.0%
$25,000 to $50,000	27.5%
$50,000 to $75,000	19.6%
$75,000 to $100,000	12.3%
$100,000 to $200,000	9.4%
$200,000 or more	2.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46732?

HUD's FY2027 Small Area FMRs for ZIP 46732 (Kosciusko County, IN) are $830 efficiency, $850 one bedroom, $1,110 two bedrooms, $1,330 three and $1,700 four bedrooms.

What payment standard can a housing authority set in ZIP 46732?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $999 to $1,221.

How affordable is rent in ZIP 46732?

Tax returns filed from ZIP 46732 reported an average adjusted gross income of $54,463 (2022). A two-bedroom unit at the Small Area FMR costs $13,320 a year, or 24% of that income.