FY2027 Small Area FMR · Keystone, IN

ZIP 46759 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46759 (Keystone, IN) is $1,020 a month, up 5.2% from FY2026. That is 7% below the Wells County, IN area-wide FMR of $1,102.

2-bedroom SAFMR$1,020per month ▲ 5.2%

Area-wide 2 BR FMR$1,102Wells County, IN

Rank in the area14thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$918

2 BR Small Area FMR$1,020

110% of SAFMR$1,122

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

Studio$770▲ 8.5%

1 BR$810▲ 5.2%

2 BR$1,020▲ 5.2%

3 BR$1,290▲ 5.7%

4 BR$1,480▲ 4.2%

FY2027 FY2026

Where 46759 sits in the Wells County, IN area

Of the 21 ZIP codes HUD lists for the area, 46759 has the 14th highest two-bedroom Small Area FMR. Wells 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 $1,102 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,020 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	$770	$693 – $847	$837	$710
1 bedroom	$810	$729 – $891	$842	$770
2 bedrooms	$1,020	$918 – $1,122	$1,102	$970
3 bedrooms	$1,290	$1,161 – $1,419	$1,342	$1,220
4 bedrooms	$1,480	$1,332 – $1,628	$1,535	$1,420

A household renting a two-bedroom home at the Small Area FMR of $1,020 needs about $40,800 a year to keep housing costs at 30% of income. The area median family income is $93,000 and the 80% low-income limit for four people is $74,400. ZIP code 46759 lies mainly in Wells County. See the Wells County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46778	Petroleum	1.5 mi	$1,050
46781	Poneto	5.1 mi	$1,010
47359	Montpelier	6.6 mi	$1,010
47369	Pennville	6.9 mi	$1,220
46714	Bluffton	8.2 mi	$1,050
46766	Liberty Center	9.3 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 46759?

HUD's FY2027 Small Area Fair Market Rents for 46759 are $770 (studio), $810 (1 BR), $1,020 (2 BR), $1,290 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 46759?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46759 that range is $918 to $1,122 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46759?

The FY2026 income limits of the Wells County, IN area apply: median family income $93,000, low-income (80%) limit $74,400 for a family of four.