ZIP 46937 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 46937 in the Kokomo, IN MSA FMR area.

$920Efficiency
$9201 bedroom
$1,1902 bedrooms
$1,4303 bedrooms
$1,6504 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$920$828$1,012$909
1 bedroom$920$828$1,012$915
2 bedrooms$1,190$1,071$1,309$1,179
3 bedrooms$1,430$1,287$1,573$1,420
4 bedrooms$1,650$1,485$1,815$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 46937?

HUD's FY2027 Small Area FMRs for ZIP 46937 (Kokomo, IN MSA) are $920 efficiency, $920 one bedroom, $1,190 two bedrooms, $1,430 three and $1,650 four bedrooms.

What payment standard can a housing authority set in ZIP 46937?

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.