46808
ZIPSAFMR
Allen County, IN
BRFMR
Eff. Rent
0 BR$830$790
1 BR$860$920
2 BR$1,040$1,050
3 BR$1,290$1,420
4 BR$1,410$1,490
5 BR$1,621
6 BR$1,865
7 BR$2,144
8 BR$2,466

Purchase Price Calculator

Maximum purchase price
$94,113

Cost breakdown

+Likely effective rent$1,050
HUD FMR$1,040
Market rent$1,060
Est. payment standard (101%)Used$1,050
Estimated payment standard is $1,050 (101% of FMR).
-Principal and interest-$476
Loan amount$75,290
Down payment$18,823
Rate6.50%
Term30 years
-Operating costs-$374
Property taxes-$94
Insurance-$175
Utilities$0
HOA$0
Management-$105
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,134(91.0% ROI)
Projected value
$101,349
Current value$94,113
Return breakdown
Property appreciation+$7,236
Loan principal paid down+$2,697
Rental cash flow+$7,200
5-year hold
+$29,178(155.0% ROI)
Projected value
$106,480
Current value$94,113
Return breakdown
Property appreciation+$12,367
Loan principal paid down+$4,810
Rental cash flow+$12,000
10-year hold
+$61,822(328.4% ROI)
Projected value
$120,473
Current value$94,113
Return breakdown
Property appreciation+$26,360
Loan principal paid down+$11,462
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
1.05ratio
FMR$830
Market$790
vs market+$40

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

90% standard$747 / 0.95 ratio110% standard$913 / 1.16 ratio
1.05
1 BR
1 BR
0.91ratio
FMR$860
Market$950
vs market-$90

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

90% standard$774 / 0.81 ratio110% standard$946 / 1.00 ratio
0.91
2 BR
2 BR
0.98ratio
FMR$1,040
Market$1,060
vs market-$20

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

90% standard$936 / 0.88 ratio110% standard$1,144 / 1.08 ratio
0.98
3 BR
3 BR
0.85ratio
FMR$1,290
Market$1,510
vs market-$220

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

90% standard$1,161 / 0.77 ratio110% standard$1,419 / 0.94 ratio
0.85
4 BR
4 BR
0.92ratio
FMR$1,410
Market$1,530
vs market-$120

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

90% standard$1,269 / 0.83 ratio110% standard$1,551 / 1.01 ratio
0.92
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 46808 (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.

46808 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46808 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,040 and the 4 bedroom fair market rent is $1,410.

Use this page for searches like 46808 FMR, 46808 fair market rent, and 46808 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 46808
Bedroom sizeHUD FMR
Studio$830
1 bedroom$860
2 bedroom$1,040
3 bedroom$1,290
4 bedroom$1,410