ZIP 46763 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46763 in the DeKalb County, IN FMR area.

DeKalb County, IN

$780Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,2403 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$780	$702	$858	$765
1 bedroom	$810	$729	$891	$814
2 bedrooms	$1,020	$918	$1,122	$1,023
3 bedrooms	$1,240	$1,116	$1,364	$1,270
4 bedrooms	$1,540	$1,386	$1,694	$1,344

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

Noble County, IN

$780Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,2403 bedrooms

$1,5404 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$780	$702	$858	$765
1 bedroom	$810	$729	$891	$782
2 bedrooms	$1,020	$918	$1,122	$1,023
3 bedrooms	$1,240	$1,116	$1,364	$1,219
4 bedrooms	$1,540	$1,386	$1,694	$1,710

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

Income in ZIP 46763

$79,312average adjusted gross income per tax return (2022)

$56,299average salaries and wages per return

830tax returns filed

15%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	25.3%
$25,000 to $50,000	20.5%
$50,000 to $75,000	14.5%
$75,000 to $100,000	12.0%
$100,000 to $200,000	21.7%
$200,000 or more	6.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 8.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46763?

HUD's FY2027 Small Area FMRs for ZIP 46763 (DeKalb County, IN) are $780 efficiency, $810 one bedroom, $1,020 two bedrooms, $1,240 three and $1,540 four bedrooms.

What payment standard can a housing authority set in ZIP 46763?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $918 to $1,122.

How affordable is rent in ZIP 46763?

Tax returns filed from ZIP 46763 reported an average adjusted gross income of $79,312 (2022). A two-bedroom unit at the Small Area FMR costs $12,240 a year, or 15% of that income.