ZIP 46743 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46743 in the Fort Wayne, IN FMR area.

Fort Wayne, IN

$1,020Efficiency
$1,0201 bedroom
$1,2402 bedrooms
$1,5203 bedrooms
$1,6704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,020$918$1,122$1,025
1 bedroom$1,020$918$1,122$1,026
2 bedrooms$1,240$1,116$1,364$1,248
3 bedrooms$1,520$1,368$1,672$1,534
4 bedrooms$1,670$1,503$1,837$1,679

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

DeKalb County, IN

$1,020Efficiency
$1,0201 bedroom
$1,2402 bedrooms
$1,5203 bedrooms
$1,6704 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,020$918$1,122$765
1 bedroom$1,020$918$1,122$814
2 bedrooms$1,240$1,116$1,364$1,023
3 bedrooms$1,520$1,368$1,672$1,270
4 bedrooms$1,670$1,503$1,837$1,344

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

Income in ZIP 46743

$66,606average adjusted gross income per tax return (2022)
$44,780average salaries and wages per return
1,090tax returns filed
22%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.4%
$25,000 to $50,00022.0%
$50,000 to $75,00015.6%
$75,000 to $100,00011.9%
$100,000 to $200,00019.3%
$200,000 or more2.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 11.9% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46743?

HUD's FY2027 Small Area FMRs for ZIP 46743 (Fort Wayne, IN) are $1,020 efficiency, $1,020 one bedroom, $1,240 two bedrooms, $1,520 three and $1,670 four bedrooms.

What payment standard can a housing authority set in ZIP 46743?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,116 to $1,364.

How affordable is rent in ZIP 46743?

Tax returns filed from ZIP 46743 reported an average adjusted gross income of $66,606 (2022). A two-bedroom unit at the Small Area FMR costs $14,880 a year, or 22% of that income.