ZIP 46764 Fair Market Rent FY2027
Small Area Fair Market Rents for ZIP code 46764 in the Fort Wayne, IN FMR area.
Fort Wayne, IN
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,120 | $1,008 | $1,232 | $1,025 |
| 1 bedroom | $1,120 | $1,008 | $1,232 | $1,026 |
| 2 bedrooms | $1,380 | $1,242 | $1,518 | $1,248 |
| 3 bedrooms | $1,690 | $1,521 | $1,859 | $1,534 |
| 4 bedrooms | $1,920 | $1,728 | $2,112 | $1,679 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Noble County, IN
Payment standard range
| Unit size | SAFMR | 90% | 110% | Metro FMR |
|---|---|---|---|---|
| Efficiency | $1,120 | $1,008 | $1,232 | $765 |
| 1 bedroom | $1,120 | $1,008 | $1,232 | $782 |
| 2 bedrooms | $1,380 | $1,242 | $1,518 | $1,023 |
| 3 bedrooms | $1,690 | $1,521 | $1,859 | $1,219 |
| 4 bedrooms | $1,920 | $1,728 | $2,112 | $1,710 |
Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.
Income in ZIP 46764
| Adjusted gross income | Share of returns |
|---|---|
| $1 to $25,000 | 29.9% |
| $25,000 to $50,000 | 20.9% |
| $50,000 to $75,000 | 14.9% |
| $75,000 to $100,000 | 11.9% |
| $100,000 to $200,000 | 17.9% |
| $200,000 or more | 4.5% |
IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.0% of returns claimed the Earned Income Tax Credit.
Questions and answers
What is the Small Area Fair Market Rent for ZIP code 46764?
HUD's FY2027 Small Area FMRs for ZIP 46764 (Fort Wayne, IN) are $1,120 efficiency, $1,120 one bedroom, $1,380 two bedrooms, $1,690 three and $1,920 four bedrooms.
What payment standard can a housing authority set in ZIP 46764?
Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,242 to $1,518.
How affordable is rent in ZIP 46764?
Tax returns filed from ZIP 46764 reported an average adjusted gross income of $69,549 (2022). A two-bedroom unit at the Small Area FMR costs $16,560 a year, or 24% of that income.