Home/IN/Shelby County
Shelby County, IN
CountySAFMR
Found 17 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$810 – $1,210▲$810 – $1,330
1 BR$940 – $1,380▲$900 – $1,430
2 BR$1,100 – $1,600▲$1,100 – $1,630
3 BR$1,440 – $2,070▲$1,170 – $2,020
4 BR$1,730 – $2,540▲$1,210 – $2,470
5 BR$2,266▲—
6 BR$2,605▲—
7 BR$2,996▲—
8 BR$3,446▲—

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Market Alignment

FMR / market rent by bedroom.

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

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

1
Studio- 1 ZIP
0.83ratio
FMR$1,210
Market$1,450
vs market-$240

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

1
Studio- 1 ZIP
0.96ratio
FMR$1,090
Market$1,140
vs market-$50

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

1
Studio- 2 ZIPs
1.07-1.08ratio range
Median FMR$1,045
Median Market$970
vs market+$75

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

2
Studio- 1 ZIP
1.13ratio
FMR$940
Market$830
vs market+$110

FMR is above market; underwrite to market rent.

1
0.80-1.13
1 BR
1 BR- 1 ZIP
0.91ratio
FMR$940
Market$1,030
vs market-$90

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

1
1 BR- 1 ZIP
0.95ratio
FMR$1,380
Market$1,450
vs market-$70

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

1
1 BR- 1 ZIP
1.04ratio
FMR$1,230
Market$1,180
vs market+$50

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

1
1 BR- 2 ZIPs
1.19ratio range
Median FMR$1,125
Median Market$945
vs market+$180

FMR is above market; underwrite to market rent.

2
1 BR- 1 ZIP
1.28ratio
FMR$1,190
Market$930
vs market+$260

FMR is above market; underwrite to market rent.

1
0.91-1.28
2 BR
2 BR- 2 ZIPs
0.90-0.93ratio range
Median FMR$1,405
Median Market$1,530
vs market-$125

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

2
2 BR- 1 ZIP
0.97ratio
FMR$1,600
Market$1,650
vs market-$50

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

1
2 BR- 2 ZIPs
0.99-1.00ratio range
Median FMR$1,235
Median Market$1,240
vs market-$5

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

2
2 BR- 1 ZIP
1.08ratio
FMR$1,240
Market$1,150
vs market+$90

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

1
0.90-1.08
3 BR
3 BR- 1 ZIP
1.02ratio
FMR$1,850
Market$1,820
vs market+$30

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

1
3 BR- 1 ZIP
1.02ratio
FMR$1,780
Market$1,740
vs market+$40

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

1
3 BR- 2 ZIPs
1.07-1.09ratio range
Median FMR$1,690
Median Market$1,560
vs market+$130

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

2
3 BR- 1 ZIP
1.16ratio
FMR$2,070
Market$1,790
vs market+$280

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

1
1.02-1.23
4 BR
4 BR- 1 ZIP
1.01ratio
FMR$2,190
Market$2,160
vs market+$30

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

1
4 BR- 1 ZIP
1.09ratio
FMR$1,970
Market$1,800
vs market+$170

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

1
4 BR- 1 ZIP
1.11ratio
FMR$2,170
Market$1,950
vs market+$220

FMR is above market; underwrite to market rent.

1
4 BR- 1 ZIP
1.16ratio
FMR$2,270
Market$1,960
vs market+$310

FMR is above market; underwrite to market rent.

1
4 BR- 1 ZIP
1.22ratio
FMR$2,540
Market$2,080
vs market+$460

FMR is above market; underwrite to market rent.

1
4 BR- 1 ZIP
1.43ratio
FMR$1,730
Market$1,210
vs market+$520

FMR is above market; underwrite to market rent.

1
1.01-1.43
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 Shelby 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
Related ZIPs
46110461244612646130461314614046144461504616146162

Shelby County, IN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for Shelby County, IN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,260 and the 4 bedroom fair market rent is $1,970.

Use this page for searches like Shelby County, IN FMR, Shelby County, IN fair market rent, and Shelby County, IN Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for Shelby County, IN
Bedroom sizeHUD FMR
Studio$990
1 bedroom$1,090
2 bedroom$1,260
3 bedroom$1,610
4 bedroom$1,970
46110 FMR46124 FMR46126 FMR46130 FMR46131 FMR46140 FMR46144 FMR46150 FMR