46062
ZIPSAFMR
Hamilton County, IN
BRFMR
Eff. Rent
0 BR$1,310$1,310
1 BR$1,490$1,490
2 BR$1,730$1,730
3 BR$2,240$2,240
4 BR$2,750$2,630
5 BR$3,162
6 BR$3,637
7 BR$4,182
8 BR$4,810

Market Alignment

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

Studio
Studio
0.91ratio
FMR$1,310
Market$1,440
vs market-$130

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

0.91
1 BR
1 BR
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.

0.91
2 BR
2 BR
0.84ratio
FMR$1,730
Market$2,070
vs market-$340

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

0.84
3 BR
3 BR
0.99ratio
FMR$2,240
Market$2,260
vs market-$20

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

0.99
4 BR
4 BR
1.05ratio
FMR$2,750
Market$2,630
vs market+$120

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

1.05
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$195,161
Rent
$1,730
Down payment
$39,032
Loan
$156,129
Mortgage
$987
Expenses
$543
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46062 (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.