ZIP 46767 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46767 in the Elkhart-Goshen, IN MSA FMR area.

Elkhart-Goshen, IN MSA

$880Efficiency

$9001 bedroom

$1,0802 bedrooms

$1,4003 bedrooms

$1,8004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$1,008
1 bedroom	$900	$810	$990	$1,048
2 bedrooms	$1,080	$972	$1,188	$1,253
3 bedrooms	$1,400	$1,260	$1,540	$1,653
4 bedrooms	$1,800	$1,620	$1,980	$1,752

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

Kosciusko County, IN

$880Efficiency

$9001 bedroom

$1,0802 bedrooms

$1,4003 bedrooms

$1,8004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$882
1 bedroom	$900	$810	$990	$888
2 bedrooms	$1,080	$972	$1,188	$1,162
3 bedrooms	$1,400	$1,260	$1,540	$1,410
4 bedrooms	$1,800	$1,620	$1,980	$1,527

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

LaGrange County, IN

$880Efficiency

$9001 bedroom

$1,0802 bedrooms

$1,4003 bedrooms

$1,8004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$789
1 bedroom	$900	$810	$990	$794
2 bedrooms	$1,080	$972	$1,188	$1,039
3 bedrooms	$1,400	$1,260	$1,540	$1,238
4 bedrooms	$1,800	$1,620	$1,980	$1,366

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

Noble County, IN

$880Efficiency

$9001 bedroom

$1,0802 bedrooms

$1,4003 bedrooms

$1,8004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$880	$792	$968	$765
1 bedroom	$900	$810	$990	$782
2 bedrooms	$1,080	$972	$1,188	$1,023
3 bedrooms	$1,400	$1,260	$1,540	$1,219
4 bedrooms	$1,800	$1,620	$1,980	$1,710

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

Income in ZIP 46767

$60,613average adjusted gross income per tax return (2022)

$49,750average salaries and wages per return

3,970tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	22.9%
$25,000 to $50,000	27.0%
$50,000 to $75,000	22.2%
$75,000 to $100,000	13.6%
$100,000 to $200,000	12.6%
$200,000 or more	1.8%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 12.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46767?

HUD's FY2027 Small Area FMRs for ZIP 46767 (Elkhart-Goshen, IN MSA) are $880 efficiency, $900 one bedroom, $1,080 two bedrooms, $1,400 three and $1,800 four bedrooms.

What payment standard can a housing authority set in ZIP 46767?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $972 to $1,188.

How affordable is rent in ZIP 46767?

Tax returns filed from ZIP 46767 reported an average adjusted gross income of $60,613 (2022). A two-bedroom unit at the Small Area FMR costs $12,960 a year, or 21% of that income.