ZIP 46913 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46913 in the Carroll County, IN FMR area.

$770Efficiency
$8001 bedroom
$1,0402 bedrooms
$1,2603 bedrooms
$1,4104 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$770$693$847$760
1 bedroom$800$720$880$787
2 bedrooms$1,040$936$1,144$1,027
3 bedrooms$1,260$1,134$1,386$1,232
4 bedrooms$1,410$1,269$1,551$1,396

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

Income in ZIP 46913

$79,431average adjusted gross income per tax return (2022)
$51,166average salaries and wages per return
640tax returns filed
16%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00028.1%
$25,000 to $50,00018.8%
$50,000 to $75,00017.2%
$75,000 to $100,00010.9%
$100,000 to $200,00020.3%
$200,000 or more4.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 46913?

HUD's FY2027 Small Area FMRs for ZIP 46913 (Carroll County, IN) are $770 efficiency, $800 one bedroom, $1,040 two bedrooms, $1,260 three and $1,410 four bedrooms.

What payment standard can a housing authority set in ZIP 46913?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $936 to $1,144.

How affordable is rent in ZIP 46913?

Tax returns filed from ZIP 46913 reported an average adjusted gross income of $79,431 (2022). A two-bedroom unit at the Small Area FMR costs $12,480 a year, or 16% of that income.