FY2027 Small Area FMR · Mentone, IN
ZIP 46539 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46539 (Mentone, IN) is $1,090 a month, up 0.9% from FY2026. That is 5% above the Fulton County, IN area-wide FMR of $1,034.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 46539 sits in the Fulton County, IN area
Of the 18 ZIP codes HUD lists for the area, 46539 has the 4th highest two-bedroom Small Area FMR. Fulton County, 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 $1,034 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,090 for this ZIP code instead.
ZIP code 46539 crosses more than one HUD area. HUD also lists it under Kosciusko County, IN (same figures) and Marshall County, IN (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $830 | $747 – $913 | $774 | $830 |
| 1 bedroom | $830 | $747 – $913 | $790 | $830 |
| 2 bedrooms | $1,090 | $981 – $1,199 | $1,034 | $1,080 |
| 3 bedrooms | $1,320 | $1,188 – $1,452 | $1,232 | $1,310 |
| 4 bedrooms | $1,430 | $1,287 – $1,573 | $1,359 | $1,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 a year to keep housing costs at 30% of income. The area median family income is $78,700 and the 80% low-income limit for four people is $67,850. ZIP code 46539 lies mainly in Kosciusko County, Fulton County and Marshall County. See the Fulton County, IN county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 46539?
HUD's FY2027 Small Area Fair Market Rents for 46539 are $830 (studio), $830 (1 BR), $1,090 (2 BR), $1,320 (3 BR) and $1,430 (4 BR) a month.
What is the Section 8 payment standard in 46539?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46539 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 46539?
The FY2026 income limits of the Fulton County, IN area apply: median family income $78,700, low-income (80%) limit $67,850 for a family of four.