Home/IN/Franklin County
Franklin County, IN
CountySAFMR
Found 15 ZIPs
BRFMR
Eff. Rent
0 BR$660 – $950$680 – $690
1 BR$730 – $1,030$730 – $770
2 BR$960 – $1,330$860 – $970
3 BR$1,260 – $1,750$960 – $1,170
4 BR$1,280 – $1,780$1,070 – $1,210
5 BR$1,702
6 BR$1,957
7 BR$2,251
8 BR$2,589

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.80ratio
FMR$810
Market$1,010
vs market-$200

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
Studio· 1 ZIP
0.85ratio
FMR$660
Market$780
vs market-$120

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1
0.80–0.85
1 BR
1 BR· 1 ZIP
0.91ratio
FMR$940
Market$1,030
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 1 ZIP
0.95ratio
FMR$760
Market$800
vs market-$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.91–0.95
2 BR
2 BR· 1 ZIP
0.99ratio
FMR$1,100
Market$1,110
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
2 BR· 1 ZIP
1.12ratio
FMR$960
Market$860
vs market+$100

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.99–1.12
3 BR
3 BR· 1 ZIP
1.23ratio
FMR$1,440
Market$1,170
vs market+$270

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
3 BR· 1 ZIP
1.31ratio
FMR$1,260
Market$960
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
1.23–1.31
4 BR
4 BR· 2 ZIPs
1.38–1.43ratio range
Median FMR$1,605
Median Market$1,140
vs market+$465

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

2
1.38–1.43
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Franklin County, IN (IN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.