ZIP 46903 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46903 in the Kokomo, IN MSA FMR area.

$910Efficiency
$9201 bedroom
$1,1802 bedrooms
$1,4203 bedrooms
$1,6404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$910$819$1,001$909
1 bedroom$920$828$1,012$915
2 bedrooms$1,180$1,062$1,298$1,179
3 bedrooms$1,420$1,278$1,562$1,420
4 bedrooms$1,640$1,476$1,804$1,636

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

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46903?

HUD's FY2027 Small Area FMRs for ZIP 46903 (Kokomo, IN MSA) are $910 efficiency, $920 one bedroom, $1,180 two bedrooms, $1,420 three and $1,640 four bedrooms.

What payment standard can a housing authority set in ZIP 46903?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,062 to $1,298.