46170
ZIPSAFMR
Putnam County, IN
BRFMR
Eff. Rent
0 BR$740$810
1 BR$840$920
2 BR$1,030$1,130
3 BR$1,390$1,310
4 BR$1,630$1,340
5 BR$1,874
6 BR$2,156
7 BR$2,479
8 BR$2,851

Purchase Price Calculator

Maximum purchase price
$106,001

Cost breakdown

+Likely effective rent$1,130
HUD FMR$1,030
Market rent$1,210
Est. payment standard (110%)Used$1,130
Estimated payment standard is $1,130 (110% of FMR).
-Principal and interest-$536
Loan amount$84,801
Down payment$21,200
Rate6.50%
Term30 years
-Operating costs-$394
Property taxes-$106
Insurance-$175
Utilities$0
HOA$0
Management-$113
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,389(86.7% ROI)
Projected value
$114,152
Current value$106,001
Return breakdown
Property appreciation+$8,150
Loan principal paid down+$3,038
Rental cash flow+$7,200
5-year hold
+$31,347(147.9% ROI)
Projected value
$119,930
Current value$106,001
Return breakdown
Property appreciation+$13,929
Loan principal paid down+$5,418
Rental cash flow+$12,000
10-year hold
+$66,599(314.1% ROI)
Projected value
$135,690
Current value$106,001
Return breakdown
Property appreciation+$29,689
Loan principal paid down+$12,910
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.69ratio
FMR$740
Market$1,070
vs market-$330

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

90% standard$666 / 0.62 ratio110% standard$814 / 0.76 ratio
0.69
1 BR
1 BR
0.78ratio
FMR$840
Market$1,080
vs market-$240

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

90% standard$756 / 0.70 ratio110% standard$924 / 0.86 ratio
0.78
2 BR
2 BR
0.85ratio
FMR$1,030
Market$1,210
vs market-$180

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

90% standard$927 / 0.77 ratio110% standard$1,133 / 0.94 ratio
0.85
3 BR
3 BR
1.06ratio
FMR$1,390
Market$1,310
vs market+$80

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

90% standard$1,251 / 0.95 ratio110% standard$1,529 / 1.17 ratio
1.06
4 BR
4 BR
1.22ratio
FMR$1,630
Market$1,340
vs market+$290

FMR is above market; underwrite to market rent.

90% standard$1,467 / 1.09 ratio110% standard$1,793 / 1.34 ratio
1.22
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 46170 (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.

46170 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46170 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,030 and the 4 bedroom fair market rent is $1,630.

Use this page for searches like 46170 FMR, 46170 fair market rent, and 46170 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 46170
Bedroom sizeHUD FMR
Studio$740
1 bedroom$840
2 bedroom$1,030
3 bedroom$1,390
4 bedroom$1,630