ZIP 46745 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46745 in the Fort Wayne, IN FMR area.

Fort Wayne, IN

$840Efficiency
$9101 bedroom
$1,0602 bedrooms
$1,3203 bedrooms
$1,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$840$756$924$1,025
1 bedroom$910$819$1,001$1,026
2 bedrooms$1,060$954$1,166$1,248
3 bedrooms$1,320$1,188$1,452$1,534
4 bedrooms$1,450$1,305$1,595$1,679

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

Adams County, IN

$840Efficiency
$9101 bedroom
$1,0602 bedrooms
$1,3203 bedrooms
$1,4504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$840$756$924$759
1 bedroom$910$819$1,001$931
2 bedrooms$1,060$954$1,166$1,014
3 bedrooms$1,320$1,188$1,452$1,281
4 bedrooms$1,450$1,305$1,595$1,413

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

Income in ZIP 46745

$79,884average adjusted gross income per tax return (2022)
$52,557average salaries and wages per return
960tax returns filed
16%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00024.0%
$25,000 to $50,00021.9%
$50,000 to $75,00013.5%
$75,000 to $100,00013.5%
$100,000 to $200,00021.9%
$200,000 or more5.2%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46745?

HUD's FY2027 Small Area FMRs for ZIP 46745 (Fort Wayne, IN) are $840 efficiency, $910 one bedroom, $1,060 two bedrooms, $1,320 three and $1,450 four bedrooms.

What payment standard can a housing authority set in ZIP 46745?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $954 to $1,166.

How affordable is rent in ZIP 46745?

Tax returns filed from ZIP 46745 reported an average adjusted gross income of $79,884 (2022). A two-bedroom unit at the Small Area FMR costs $12,720 a year, or 16% of that income.