ZIP 46777 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46777 in the Fort Wayne, IN FMR area.

Fort Wayne, IN

$900Efficiency

$9101 bedroom

$1,1902 bedrooms

$1,4503 bedrooms

$1,6604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$900	$810	$990	$1,025
1 bedroom	$910	$819	$1,001	$1,026
2 bedrooms	$1,190	$1,071	$1,309	$1,248
3 bedrooms	$1,450	$1,305	$1,595	$1,534
4 bedrooms	$1,660	$1,494	$1,826	$1,679

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

Wells County, IN

$900Efficiency

$9101 bedroom

$1,1902 bedrooms

$1,4503 bedrooms

$1,6604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$900	$810	$990	$837
1 bedroom	$910	$819	$1,001	$842
2 bedrooms	$1,190	$1,071	$1,309	$1,102
3 bedrooms	$1,450	$1,305	$1,595	$1,342
4 bedrooms	$1,660	$1,494	$1,826	$1,535

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

Adams County, IN

$900Efficiency

$9101 bedroom

$1,1902 bedrooms

$1,4503 bedrooms

$1,6604 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$900	$810	$990	$759
1 bedroom	$910	$819	$1,001	$931
2 bedrooms	$1,190	$1,071	$1,309	$1,014
3 bedrooms	$1,450	$1,305	$1,595	$1,281
4 bedrooms	$1,660	$1,494	$1,826	$1,413

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

Income in ZIP 46777

$69,004average adjusted gross income per tax return (2022)

$48,980average salaries and wages per return

3,270tax returns filed

21%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.3%
$25,000 to $50,000	22.6%
$50,000 to $75,000	17.4%
$75,000 to $100,000	11.9%
$100,000 to $200,000	18.7%
$200,000 or more	3.1%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46777?

HUD's FY2027 Small Area FMRs for ZIP 46777 (Fort Wayne, IN) are $900 efficiency, $910 one bedroom, $1,190 two bedrooms, $1,450 three and $1,660 four bedrooms.

What payment standard can a housing authority set in ZIP 46777?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,071 to $1,309.

How affordable is rent in ZIP 46777?

Tax returns filed from ZIP 46777 reported an average adjusted gross income of $69,004 (2022). A two-bedroom unit at the Small Area FMR costs $14,280 a year, or 21% of that income.