FY2027 Small Area FMR · Fort Wayne, IN

ZIP 46805 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46805 (Fort Wayne, IN) is $1,120 a month, up 14.3% from FY2026. That is 10% below the Fort Wayne, IN area-wide FMR of $1,248.

2-bedroom SAFMR$1,120per month ▲ 14.3%

Area-wide 2 BR FMR$1,248Fort Wayne, IN

Rank in the area50thof 63 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$920▲ 17.9%

1 BR$920▲ 13.6%

2 BR$1,120▲ 14.3%

3 BR$1,380▲ 13.1%

4 BR$1,510▲ 13.5%

FY2027 FY2026

Where 46805 sits in the Fort Wayne, IN area

Of the 63 ZIP codes HUD lists for the area, 46805 has the 50th highest two-bedroom Small Area FMR. Fort Wayne, IN is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,008 and $1,232 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$920	$828 – $1,012	$1,025	$780
1 bedroom	$920	$828 – $1,012	$1,026	$810
2 bedrooms	$1,120	$1,008 – $1,232	$1,248	$980
3 bedrooms	$1,380	$1,242 – $1,518	$1,534	$1,220
4 bedrooms	$1,510	$1,359 – $1,661	$1,679	$1,330

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $95,100 and the 80% low-income limit for four people is $76,100. ZIP code 46805 lies mainly in Allen County. See the Fort Wayne, IN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46803	Fort Wayne	2.6 mi	$1,150
46815	Fort Wayne	3.1 mi	$1,210
46808	Fort Wayne	3.1 mi	$1,170
46802	Fort Wayne	3.3 mi	$1,160
46825	Fort Wayne	3.6 mi	$1,430
46806	Fort Wayne	4.0 mi	$1,100

Questions

What is the Fair Market Rent for ZIP code 46805?

HUD's FY2027 Small Area Fair Market Rents for 46805 are $920 (studio), $920 (1 BR), $1,120 (2 BR), $1,380 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 46805?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46805 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46805?

The FY2026 income limits of the Fort Wayne, IN area apply: median family income $95,100, low-income (80%) limit $76,100 for a family of four.