46280
ZIPSAFMR
Hamilton County, IN
BRFMR
Eff. Rent
0 BR$1,550$1,290
1 BR$1,750$1,600
2 BR$2,040$1,740
3 BR$2,640$2,180
4 BR$3,240$2,670
5 BR$3,726
6 BR$4,285
7 BR$4,928
8 BR$5,667

Market Alignment

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

Studio
Studio
1.20ratio
FMR$1,550
Market$1,290
vs market+$260

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

1.20
1 BR
1 BR
1.09ratio
FMR$1,750
Market$1,600
vs market+$150

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

1.09
2 BR
2 BR
1.17ratio
FMR$2,040
Market$1,740
vs market+$300

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

1.17
3 BR
3 BR
1.21ratio
FMR$2,640
Market$2,180
vs market+$460

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

1.21
4 BR
4 BR
1.21ratio
FMR$3,240
Market$2,670
vs market+$570

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

1.21
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
$241,227
Rent
$2,040
Down payment
$48,245
Loan
$192,981
Mortgage
$1,220
Expenses
$620
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46280 (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.