46205
ZIPSAFMR
Marion County, IN
BRFMR
Eff. Rent
0 BR$1,140$890
1 BR$1,290$1,000
2 BR$1,500$1,210
3 BR$1,940$1,640
4 BR$2,380$1,680
5 BR$2,737
6 BR$3,148
7 BR$3,620
8 BR$4,163

Market Alignment

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

Studio
Studio
1.28ratio
FMR$1,140
Market$890
vs market+$250

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

1.28
1 BR
1 BR
1.29ratio
FMR$1,290
Market$1,000
vs market+$290

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

1.29
2 BR
2 BR
1.24ratio
FMR$1,500
Market$1,210
vs market+$290

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

1.24
3 BR
3 BR
1.18ratio
FMR$1,940
Market$1,640
vs market+$300

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

1.18
4 BR
4 BR
1.42ratio
FMR$2,380
Market$1,680
vs market+$700

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

1.42
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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
$160,983
Rent
$1,500
Down payment
$32,197
Loan
$128,786
Mortgage
$814
Expenses
$486
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46205 (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.