FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 46312
0.81ratio
FMR$940
Market$1,160
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 46312
0.86ratio
FMR$1,140
Market$1,330
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 46312
0.90ratio
FMR$1,390
Market$1,550
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 46312
0.91ratio
FMR$1,510
Market$1,660
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.91
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
--
East Chicago, IN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in East Chicago, IN is $1,140 a month. That is up 9.6% from $1,040 in FY 2026. East Chicago is in the Gary, 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 East Chicago is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for East Chicago, IN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$760
$890
+17.1%
$801–$979
1BR
$850
$940
+10.6%
$846–$1,034
2BR
$1,040
$1,140
+9.6%
$1,026–$1,254
3BR
$1,270
$1,390
+9.4%
$1,251–$1,529
4BR
$1,380
$1,510
+9.4%
$1,359–$1,661
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for East Chicago, IN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$890
$940
$1,140
$1,390
$1,510
FY 2026
$760
$850
$1,040
$1,270
$1,380
FY 2025
$670
$770
$930
$1,150
$1,230
FY 2024
$690
$810
$990
$1,220
$1,320
FY 2023
$560
$670
$830
$1,010
$1,120
Questions about East Chicago, IN rents
How much will Section 8 pay for a two-bedroom in East Chicago, IN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,140, that basic range is $1,026 to $1,254 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 East Chicago, IN in?
East Chicago, IN is in the Gary, 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 East Chicago, IN for FY 2027?
The two-bedroom FMR rose 9.6%, from $1,040 in FY 2026 to $1,140 in FY 2027. Since FY 2023 it has risen 37.3%.
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