FMR is near market; voucher and private rents are aligned.
0.91
1 BR
1 BR- 46704
0.93ratio
FMR$1,290
Market$1,390
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 46704
0.96ratio
FMR$1,570
Market$1,640
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 46704
1.06ratio
FMR$1,930
Market$1,820
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 46704
0.95ratio
FMR$2,110
Market$2,220
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Arcola, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Arcola, IN is $1,570 a month. That is up 11.3% from $1,410 in FY 2026. Arcola is in the Fort Wayne, IN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Indiana is $1,086, so Arcola is 45% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Arcola, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,290
+14.2%
$1,161–$1,419
1BR
$1,160
$1,290
+11.2%
$1,161–$1,419
2BR
$1,410
$1,570
+11.3%
$1,413–$1,727
3BR
$1,750
$1,930
+10.3%
$1,737–$2,123
4BR
$1,920
$2,110
+9.9%
$1,899–$2,321
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Arcola, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,290
$1,290
$1,570
$1,930
$2,110
FY 2026
$1,130
$1,160
$1,410
$1,750
$1,920
FY 2025
$1,180
$1,240
$1,500
$1,890
$2,040
FY 2024
$1,020
$1,110
$1,350
$1,710
$1,860
FY 2023
$790
$900
$1,100
$1,400
$1,530
Questions about Arcola, IN rents
How much will Section 8 pay for a two-bedroom in Arcola, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,570, that basic range is $1,413 to $1,727 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Arcola, IN in?
Arcola, IN is in the Fort Wayne, IN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Arcola, IN for FY 2027?
The two-bedroom FMR rose 11.3%, from $1,410 in FY 2026 to $1,570 in FY 2027. Since FY 2023 it has risen 42.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set