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Hamilton County, IN
CountySAFMR
Found 30 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$810 – $1,610▲$800 – $1,480
1 BR$940 – $1,820▲$920 – $1,650
2 BR$1,100 – $2,120▲$970 – $2,040
3 BR$1,440 – $2,750▲$1,210 – $2,290
4 BR$1,730 – $3,370▲$1,300 – $2,630
5 BR$2,938▲—
6 BR$3,379▲—
7 BR$3,886▲—
8 BR$4,469▲—

Market Alignment

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

Studio
Studio· 2 ZIPs
0.57–0.64ratio range
Median FMR$915
Median Market$1,530
vs market-$615

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

2
Studio· 1 ZIP
0.70ratio
FMR$1,060
Market$1,510
vs market-$450

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

Studio· 1 ZIP
0.77ratio
FMR$1,140
Market$1,480
vs market-$340

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

Studio· 1 ZIP
0.88ratio
FMR$810
Market$920
vs market-$110

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

Studio· 2 ZIPs
0.91–0.94ratio range
Median FMR$1,385
Median Market$1,500
vs market-$115

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

2
Studio· 1 ZIP
0.95ratio
FMR$990
Market$1,040
vs market-$50

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

Studio· 1 ZIP
1.01ratio
FMR$1,470
Market$1,450
vs market+$20

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

Studio· 2 ZIPs
1.04–1.05ratio range
Median FMR$1,160
Median Market$1,110
vs market+$50

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

2
Studio· 2 ZIPs
1.07–1.10ratio range
Median FMR$1,510
Median Market$1,395
vs market+$115

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

2
Studio· 4 ZIPs
1.13–1.14ratio range
Median FMR$1,475
Median Market$1,295
vs market+$180

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

4
Studio· 2 ZIPs
1.15–1.19ratio range
Median FMR$1,225
Median Market$1,045
vs market+$180

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

2
Studio· 3 ZIPs
1.20–1.25ratio range
Median FMR$1,550
Median Market$1,290
vs market+$260

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

3
Studio· 4 ZIPs
1.25–1.29ratio range
Median FMR$1,245
Median Market$985
vs market+$260

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

4
Studio· 1 ZIP
1.33ratio
FMR$1,240
Market$930
vs market+$310

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

0.57–1.33
1 BR
1 BR· 1 ZIP
0.67ratio
FMR$1,070
Market$1,590
vs market-$520

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

1 BR· 1 ZIP
0.72ratio
FMR$1,010
Market$1,400
vs market-$390

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

1 BR· 1 ZIP
0.76ratio
FMR$1,090
Market$1,440
vs market-$350

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

1 BR· 1 ZIP
0.91ratio
FMR$1,490
Market$1,640
vs market-$150

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

1 BR· 3 ZIPs
0.96–0.97ratio range
Median FMR$1,290
Median Market$1,330
vs market-$40

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

3
1 BR· 1 ZIP
1.00ratio
FMR$1,230
Market$1,230
vs market+$0

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

1 BR· 4 ZIPs
1.06–1.09ratio range
Median FMR$1,700
Median Market$1,575
vs market+$125

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

4
1 BR· 5 ZIPs
1.11–1.14ratio range
Median FMR$1,580
Median Market$1,420
vs market+$160

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

5
1 BR· 2 ZIPs
1.18–1.19ratio range
Median FMR$1,570
Median Market$1,325
vs market+$245

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

1 BR· 4 ZIPs
1.21–1.23ratio range
Median FMR$1,385
Median Market$1,135
vs market+$250

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

4
1 BR· 1 ZIP
1.25ratio
FMR$1,640
Market$1,310
vs market+$330

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

1 BR· 3 ZIPs
1.39–1.46ratio range
Median FMR$1,590
Median Market$1,140
vs market+$450

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

3
0.67–1.46
2 BR
2 BR· 2 ZIPs
0.72–0.73ratio range
Median FMR$1,210
Median Market$1,670
vs market-$460

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

2
2 BR· 3 ZIPs
0.82–0.85ratio range
Median FMR$1,430
Median Market$1,750
vs market-$320

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

3
2 BR· 1 ZIP
0.90ratio
FMR$1,490
Market$1,660
vs market-$170

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

2 BR· 3 ZIPs
0.92–0.93ratio range
Median FMR$1,500
Median Market$1,630
vs market-$130

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

3
2 BR· 4 ZIPs
0.99–1.02ratio range
Median FMR$1,735
Median Market$1,730
vs market+$5

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

4
2 BR· 2 ZIPs
1.02–1.03ratio range
Median FMR$1,665
Median Market$1,620
vs market+$45

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

2
2 BR· 2 ZIPs
1.06–1.10ratio range
Median FMR$1,870
Median Market$1,735
vs market+$135

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

2
2 BR· 3 ZIPs
1.10–1.13ratio range
Median FMR$2,040
Median Market$1,800
vs market+$240

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

3
2 BR· 3 ZIPs
1.15–1.19ratio range
Median FMR$1,910
Median Market$1,660
vs market+$250

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

3
2 BR· 2 ZIPs
1.21ratio range
Median FMR$1,850
Median Market$1,530
vs market+$320

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

2
2 BR· 1 ZIP
1.30ratio
FMR$2,120
Market$1,630
vs market+$490

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

2 BR· 1 ZIP
1.42ratio
FMR$1,380
Market$970
vs market+$410

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

0.72–1.42
3 BR
3 BR· 1 ZIP
0.77ratio
FMR$1,520
Market$1,970
vs market-$450

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

3 BR· 2 ZIPs
0.91–0.92ratio range
Median FMR$1,525
Median Market$1,670
vs market-$145

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

3 BR· 2 ZIPs
0.99–1.02ratio range
Median FMR$2,045
Median Market$2,040
vs market+$5

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

3 BR· 1 ZIP
1.02ratio
FMR$1,930
Market$1,890
vs market+$40

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

3 BR· 5 ZIPs
1.06–1.10ratio range
Median FMR$1,980
Median Market$1,820
vs market+$160

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

5
3 BR· 2 ZIPs
1.12–1.14ratio range
Median FMR$2,245
Median Market$1,990
vs market+$255

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

3 BR· 4 ZIPs
1.17–1.19ratio range
Median FMR$2,575
Median Market$2,180
vs market+$395

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

4
3 BR· 1 ZIP
1.21ratio
FMR$2,640
Market$2,180
vs market+$460

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

3 BR· 4 ZIPs
1.27–1.29ratio range
Median FMR$2,430
Median Market$1,885
vs market+$545

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

4
3 BR· 2 ZIPs
1.32ratio range
Median FMR$2,610
Median Market$1,975
vs market+$635

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

3 BR· 3 ZIPs
1.48–1.60ratio range
Median FMR$1,820
Median Market$1,230
vs market+$590

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

3
0.77–1.60
4 BR
4 BR· 1 ZIP
0.78ratio
FMR$1,860
Market$2,380
vs market-$520

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

4 BR· 1 ZIP
0.94ratio
FMR$1,900
Market$2,020
vs market-$120

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

4 BR· 2 ZIPs
1.05–1.06ratio range
Median FMR$2,560
Median Market$2,435
vs market+$125

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

4 BR· 3 ZIPs
1.06–1.10ratio range
Median FMR$1,970
Median Market$1,850
vs market+$120

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

3
4 BR· 5 ZIPs
1.11–1.15ratio range
Median FMR$2,590
Median Market$2,310
vs market+$280

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

5
4 BR· 2 ZIPs
1.19–1.20ratio range
Median FMR$2,640
Median Market$2,210
vs market+$430

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

4 BR· 3 ZIPs
1.21–1.25ratio range
Median FMR$3,020
Median Market$2,490
vs market+$530

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

3
4 BR· 2 ZIPs
1.26–1.29ratio range
Median FMR$3,160
Median Market$2,480
vs market+$680

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

4 BR· 4 ZIPs
1.32–1.35ratio range
Median FMR$2,940
Median Market$2,200
vs market+$740

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

4
4 BR· 4 ZIPs
1.37–1.76ratio range
Median FMR$3,210
Median Market$2,045
vs market+$1,165

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

4
0.78–1.76
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 Hamilton 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.

What is FMR?What is SAFMR?Data sourcesIncomplete geos
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