FY2027 Small Area FMR · Mongo, IN

ZIP 46771 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46771 (Mongo, IN) is $1,040 a month, up 6.1% from FY2026. That is 0% equal to the LaGrange County, IN area-wide FMR of $1,039.

2-bedroom SAFMR$1,040per month ▲ 6.1%

Area-wide 2 BR FMR$1,039LaGrange County, IN

Rank in the area15thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$790▲ 6.8%

1 BR$800▲ 6.7%

2 BR$1,040▲ 6.1%

3 BR$1,240▲ 5.1%

4 BR$1,370▲ 5.4%

FY2027 FY2026

Where 46771 sits in the LaGrange County, IN area

Of the 16 ZIP codes HUD lists for the area, 46771 has the 15th highest two-bedroom Small Area FMR. LaGrange 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 $1,039 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$790	$711 – $869	$789	$740
1 bedroom	$800	$720 – $880	$794	$750
2 bedrooms	$1,040	$936 – $1,144	$1,039	$980
3 bedrooms	$1,240	$1,116 – $1,364	$1,238	$1,180
4 bedrooms	$1,370	$1,233 – $1,507	$1,366	$1,300

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $77,900. ZIP code 46771 lies mainly in LaGrange County. See the LaGrange County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46746	Howe	3.3 mi	$1,060
46761	Lagrange	5.9 mi	$1,010
46776	Orland	7.0 mi	$1,160
46789	Stroh	9.1 mi	$1,070
46795	Wolcottville	9.5 mi	$1,080
46786	South Milford	11.3 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 46771?

HUD's FY2027 Small Area Fair Market Rents for 46771 are $790 (studio), $800 (1 BR), $1,040 (2 BR), $1,240 (3 BR) and $1,370 (4 BR) a month.

What is the Section 8 payment standard in 46771?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46771 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46771?

The FY2026 income limits of the LaGrange County, IN area apply: median family income $97,400, low-income (80%) limit $77,900 for a family of four.