FY2027 Small Area FMR · Goshen, IN

ZIP 46526 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46526 (Goshen, IN) is $1,330 a month, up 6.4% from FY2026. That is 6% above the Elkhart-Goshen, IN area-wide FMR of $1,253.

2-bedroom SAFMR$1,330per month ▲ 6.4%

Area-wide 2 BR FMR$1,253Elkhart-Goshen, IN

Rank in the area4thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,197

2 BR Small Area FMR$1,330

110% of SAFMR$1,463

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,070▲ 4.9%

1 BR$1,110▲ 5.7%

2 BR$1,330▲ 6.4%

3 BR$1,750▲ 6.7%

4 BR$1,860▲ 11.4%

FY2027 FY2026

Where 46526 sits in the Elkhart-Goshen, IN area

Of the 19 ZIP codes HUD lists for the area, 46526 has the 4th highest two-bedroom Small Area FMR. Elkhart-Goshen, IN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,253 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,330 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,070	$963 – $1,177	$1,008	$1,020
1 bedroom	$1,110	$999 – $1,221	$1,048	$1,050
2 bedrooms	$1,330	$1,197 – $1,463	$1,253	$1,250
3 bedrooms	$1,750	$1,575 – $1,925	$1,653	$1,640
4 bedrooms	$1,860	$1,674 – $2,046	$1,752	$1,670

A household renting a two-bedroom home at the Small Area FMR of $1,330 needs about $53,200 a year to keep housing costs at 30% of income. The area median family income is $89,900 and the 80% low-income limit for four people is $71,900. ZIP code 46526 lies mainly in Elkhart County. See the Elkhart-Goshen, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46528	Goshen	5.5 mi	$1,270
46553	New Paris	5.7 mi	$1,230
46517	Elkhart	7.8 mi	$1,170
46516	Elkhart	8.8 mi	$1,230
46573	Wakarusa	10.0 mi	$1,290
46550	Nappanee	10.1 mi	$1,170

Questions

What is the Fair Market Rent for ZIP code 46526?

HUD's FY2027 Small Area Fair Market Rents for 46526 are $1,070 (studio), $1,110 (1 BR), $1,330 (2 BR), $1,750 (3 BR) and $1,860 (4 BR) a month.

What is the Section 8 payment standard in 46526?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46526 that range is $1,197 to $1,463 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46526?

The FY2026 income limits of the Elkhart-Goshen, IN area apply: median family income $89,900, low-income (80%) limit $71,900 for a family of four.