Skip to main content
Home/IN/Howard County

Howard County, IN

CountySAFMR
Found 17 ZIPs
BRFMR
Eff. Rent
0 BR$730 – $930$730 – $930
1 BR$740 – $940$740 – $930
2 BR$960 – $1,190$960 – $1,190
3 BR$1,200 – $1,460$1,170 – $1,480
4 BR$1,290 – $1,850$1,290 – $1,850
5 BR$1,794
6 BR$2,063
7 BR$2,373
8 BR$2,728

Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.98ratio
FMR$810
Market$830
vs market-$20

FMR is near market; voucher and private rents are aligned.

Studio- 1 ZIP
1.00ratio
FMR$820
Market$820
vs market+$0

FMR is near market; voucher and private rents are aligned.

Studio- 2 ZIPs
1.07ratio range
Median FMR$880
Median Market$820
vs market+$60

FMR is near market; voucher and private rents are aligned.

2
Studio- 3 ZIPs
1.15-1.20ratio range
Median FMR$900
Median Market$750
vs market+$150

FMR is above market; underwrite to market rent.

3
0.98-1.20
1 BR
1 BR- 1 ZIP
0.89ratio
FMR$830
Market$930
vs market-$100

FMR is below market; voucher rent may lag private rents.

1
1 BR- 2 ZIPs
0.98ratio range
Median FMR$890
Median Market$910
vs market-$20

FMR is near market; voucher and private rents are aligned.

2
1 BR- 1 ZIP
1.01ratio
FMR$890
Market$880
vs market+$10

FMR is near market; voucher and private rents are aligned.

1
1 BR- 1 ZIP
1.06ratio
FMR$940
Market$890
vs market+$50

FMR is near market; voucher and private rents are aligned.

1
1 BR- 2 ZIPs
1.08-1.10ratio range
Median FMR$900
Median Market$825
vs market+$75

FMR is near market; voucher and private rents are aligned.

2
0.89-1.10
2 BR
2 BR- 1 ZIP
0.98ratio
FMR$1,100
Market$1,120
vs market-$20

FMR is near market; voucher and private rents are aligned.

2 BR- 2 ZIPs
1.08-1.09ratio range
Median FMR$1,095
Median Market$1,010
vs market+$85

FMR is near market; voucher and private rents are aligned.

2
2 BR- 3 ZIPs
1.11-1.12ratio range
Median FMR$1,120
Median Market$1,010
vs market+$110

FMR is above market; underwrite to market rent.

3
2 BR- 1 ZIP
1.16ratio
FMR$1,140
Market$980
vs market+$160

FMR is above market; underwrite to market rent.

0.98-1.16
3 BR
3 BR- 1 ZIP
0.93ratio
FMR$1,410
Market$1,510
vs market-$100

FMR is near market; voucher and private rents are aligned.

3 BR- 2 ZIPs
0.95-0.97ratio range
Median FMR$1,395
Median Market$1,460
vs market-$65

FMR is near market; voucher and private rents are aligned.

2
3 BR- 4 ZIPs
1.02-1.05ratio range
Median FMR$1,380
Median Market$1,330
vs market+$50

FMR is near market; voucher and private rents are aligned.

4
3 BR- 1 ZIP
1.23ratio
FMR$1,440
Market$1,170
vs market+$270

FMR is above market; underwrite to market rent.

0.93-1.23
4 BR
4 BR- 1 ZIP
0.84ratio
FMR$1,590
Market$1,890
vs market-$300

FMR is below market; voucher rent may lag private rents.

4 BR- 3 ZIPs
0.86-0.90ratio range
Median FMR$1,560
Median Market$1,810
vs market-$250

FMR is below market; voucher rent may lag private rents.

3
4 BR- 2 ZIPs
1.16ratio range
Median FMR$1,560
Median Market$1,340
vs market+$220

FMR is above market; underwrite to market rent.

2
4 BR- 2 ZIPs
1.30ratio range
Median FMR$1,765
Median Market$1,355
vs market+$410

FMR is above market; underwrite to market rent.

2
0.84-1.30
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for Howard 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.

Howard County, IN fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for Howard County, IN shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,120 and the 4 bedroom fair market rent is $1,560.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for Howard County, IN
Bedroom sizeHUD FMR
Studio$880
1 bedroom$890
2 bedroom$1,120
3 bedroom$1,380
4 bedroom$1,560