46283
ZIPFMR
Marion County, IN
BRFMR
Eff. Rent
0 BR$1,118$1,020
1 BR$1,267$1,267
2 BR$1,473$1,473
3 BR$1,907$1,750
4 BR$2,338$1,940
5 BR$2,689
6 BR$3,092
7 BR$3,556
8 BR$4,089

Market Alignment

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

Studio
Studio
1.10ratio
FMR$1,118
Market$1,020
vs market+$98

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

1.10
1 BR
1 BR
0.92ratio
FMR$1,267
Market$1,370
vs market-$103

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

0.92
2 BR
2 BR
0.93ratio
FMR$1,473
Market$1,590
vs market-$117

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

0.93
3 BR
3 BR
1.09ratio
FMR$1,907
Market$1,750
vs market+$157

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

1.09
4 BR
4 BR
1.21ratio
FMR$2,338
Market$1,940
vs market+$398

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
$156,971
Rent
$1,473
Down payment
$31,394
Loan
$125,577
Mortgage
$794
Expenses
$479
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46283 (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 FMR 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.