46779
ZIPSAFMR
Steuben County, IN
BRFMR
Eff. Rent
0 BR$760$760
1 BR$770$770
2 BR$1,010$1,010
3 BR$1,290$1,290
4 BR$1,340$1,340
5 BR$1,541
6 BR$1,772
7 BR$2,038
8 BR$2,344

Market Alignment

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

Studio
Studio
0.64ratio
FMR$760
Market$1,180
vs market-$420

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.64
1 BR
1 BR
0.63ratio
FMR$770
Market$1,230
vs market-$460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.63
2 BR
2 BR
0.75ratio
FMR$1,010
Market$1,350
vs market-$340

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.75
3 BR
3 BR
0.91ratio
FMR$1,290
Market$1,410
vs market-$120

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

0.91
4 BR
4 BR
0.88ratio
FMR$1,340
Market$1,530
vs market-$190

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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
$88,169
Rent
$1,010
Down payment
$17,634
Loan
$70,535
Mortgage
$446
Expenses
$364
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 46779 (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.