ZIP 46765 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46765 in the Fort Wayne, IN FMR area.

$1,190Efficiency
$1,2101 bedroom
$1,4802 bedrooms
$1,8203 bedrooms
$1,9804 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,190$1,071$1,309$1,025
1 bedroom$1,210$1,089$1,331$1,026
2 bedrooms$1,480$1,332$1,628$1,248
3 bedrooms$1,820$1,638$2,002$1,534
4 bedrooms$1,980$1,782$2,178$1,679

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

Income in ZIP 46765

$113,148average adjusted gross income per tax return (2022)
$73,308average salaries and wages per return
2,840tax returns filed
16%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00026.1%
$25,000 to $50,00015.8%
$50,000 to $75,00010.9%
$75,000 to $100,0009.5%
$100,000 to $200,00026.1%
$200,000 or more11.6%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 5.3% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46765?

HUD's FY2027 Small Area FMRs for ZIP 46765 (Fort Wayne, IN) are $1,190 efficiency, $1,210 one bedroom, $1,480 two bedrooms, $1,820 three and $1,980 four bedrooms.

What payment standard can a housing authority set in ZIP 46765?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,332 to $1,628.

How affordable is rent in ZIP 46765?

Tax returns filed from ZIP 46765 reported an average adjusted gross income of $113,148 (2022). A two-bedroom unit at the Small Area FMR costs $17,760 a year, or 16% of that income.