46307
ZIPSAFMR
Porter County, IN
BRFMR
Eff. Rent
0 BR$1,100$1,210
1 BR$1,240$1,290
2 BR$1,510$1,590
3 BR$1,850$2,020
4 BR$2,000$2,200
5 BR$2,300
6 BR$2,645
7 BR$3,042
8 BR$3,498

Purchase Price Calculator

Maximum purchase price
$174,357

Cost breakdown

+Likely effective rent$1,590
HUD FMR$1,510
Market rent$1,640
Est. payment standard (106%)Used$1,590
Estimated payment standard is $1,590 (106% of FMR).
-Principal and interest-$882
Loan amount$139,485
Down payment$34,871
Rate6.50%
Term30 years
-Operating costs-$508
Property taxes-$174
Insurance-$175
Utilities$0
HOA$0
Management-$159
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,604(73.4% ROI)
Projected value
$187,763
Current value$174,357
Return breakdown
Property appreciation+$13,406
Loan principal paid down+$4,997
Rental cash flow+$7,200
5-year hold
+$43,824(125.7% ROI)
Projected value
$197,269
Current value$174,357
Return breakdown
Property appreciation+$22,912
Loan principal paid down+$8,912
Rental cash flow+$12,000
10-year hold
+$94,070(269.8% ROI)
Projected value
$223,192
Current value$174,357
Return breakdown
Property appreciation+$48,835
Loan principal paid down+$21,235
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
0.79ratio
FMR$1,100
Market$1,390
vs market-$290

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

90% standard$990 / 0.71 ratio110% standard$1,210 / 0.87 ratio
0.79
1 BR
1 BR
0.94ratio
FMR$1,240
Market$1,320
vs market-$80

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

90% standard$1,116 / 0.85 ratio110% standard$1,364 / 1.03 ratio
0.94
2 BR
2 BR
0.92ratio
FMR$1,510
Market$1,640
vs market-$130

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

90% standard$1,359 / 0.83 ratio110% standard$1,661 / 1.01 ratio
0.92
3 BR
3 BR
0.88ratio
FMR$1,850
Market$2,110
vs market-$260

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

90% standard$1,665 / 0.79 ratio110% standard$2,035 / 0.96 ratio
0.88
4 BR
4 BR
0.84ratio
FMR$2,000
Market$2,390
vs market-$390

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

90% standard$1,800 / 0.75 ratio110% standard$2,200 / 0.92 ratio
0.84
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

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 46307 (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.

46307 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46307 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,510 and the 4 bedroom fair market rent is $2,000.

Use this page for searches like 46307 FMR, 46307 fair market rent, and 46307 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 46307
Bedroom sizeHUD FMR
Studio$1,100
1 bedroom$1,240
2 bedroom$1,510
3 bedroom$1,850
4 bedroom$2,000