ZIP 46748 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46748 in the Fort Wayne, IN FMR area.

Fort Wayne, IN

$1,200Efficiency

$1,2401 bedroom

$1,5102 bedrooms

$1,8703 bedrooms

$2,0504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,200	$1,080	$1,320	$1,025
1 bedroom	$1,240	$1,116	$1,364	$1,026
2 bedrooms	$1,510	$1,359	$1,661	$1,248
3 bedrooms	$1,870	$1,683	$2,057	$1,534
4 bedrooms	$2,050	$1,845	$2,255	$1,679

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

DeKalb County, IN

$1,200Efficiency

$1,2401 bedroom

$1,5102 bedrooms

$1,8703 bedrooms

$2,0504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,200	$1,080	$1,320	$765
1 bedroom	$1,240	$1,116	$1,364	$814
2 bedrooms	$1,510	$1,359	$1,661	$1,023
3 bedrooms	$1,870	$1,683	$2,057	$1,270
4 bedrooms	$2,050	$1,845	$2,255	$1,344

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

Noble County, IN

$1,200Efficiency

$1,2401 bedroom

$1,5102 bedrooms

$1,8703 bedrooms

$2,0504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$1,200	$1,080	$1,320	$765
1 bedroom	$1,240	$1,116	$1,364	$782
2 bedrooms	$1,510	$1,359	$1,661	$1,023
3 bedrooms	$1,870	$1,683	$2,057	$1,219
4 bedrooms	$2,050	$1,845	$2,255	$1,710

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

Income in ZIP 46748

$133,306average adjusted gross income per tax return (2022)

$78,261average salaries and wages per return

3,860tax returns filed

14%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	24.1%
$25,000 to $50,000	17.4%
$50,000 to $75,000	14.5%
$75,000 to $100,000	11.4%
$100,000 to $200,000	20.7%
$200,000 or more	11.9%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.8% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46748?

HUD's FY2027 Small Area FMRs for ZIP 46748 (Fort Wayne, IN) are $1,200 efficiency, $1,240 one bedroom, $1,510 two bedrooms, $1,870 three and $2,050 four bedrooms.

What payment standard can a housing authority set in ZIP 46748?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,359 to $1,661.

How affordable is rent in ZIP 46748?

Tax returns filed from ZIP 46748 reported an average adjusted gross income of $133,306 (2022). A two-bedroom unit at the Small Area FMR costs $18,120 a year, or 14% of that income.