46250
ZIPSAFMR
Marion County, IN
BRFMR
Eff. Rent
0 BR$1,240$930
1 BR$1,400$1,160
2 BR$1,630$1,630
3 BR$2,110$1,890
4 BR$2,590$2,310
5 BR$2,978
6 BR$3,425
7 BR$3,939
8 BR$4,530

Market Alignment

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

Studio
Studio
1.33ratio
FMR$1,240
Market$930
vs market+$310

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

1.33
1 BR
1 BR
1.21ratio
FMR$1,400
Market$1,160
vs market+$240

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

1.21
2 BR
2 BR
0.93ratio
FMR$1,630
Market$1,760
vs market-$130

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

0.93
3 BR
3 BR
1.12ratio
FMR$2,110
Market$1,890
vs market+$220

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

1.12
4 BR
4 BR
1.12ratio
FMR$2,590
Market$2,310
vs market+$280

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

1.12
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$180,301
Rent
$1,630
Down payment
$36,060
Loan
$144,241
Mortgage
$912
Expenses
$518
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46250 (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.