FY2027 Small Area FMR · Fort Wayne, IN

ZIP 46845 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46845 (Fort Wayne, IN) is $1,740 a month, up 10.1% from FY2026. That is 39% above the Fort Wayne, IN area-wide FMR of $1,248.

2-bedroom SAFMR$1,740per month ▲ 10.1%

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

Rank in the area2ndof 63 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,566

2 BR Small Area FMR$1,740

110% of SAFMR$1,914

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

Studio$1,430▲ 12.6%

1 BR$1,430▲ 10.0%

2 BR$1,740▲ 10.1%

3 BR$2,140▲ 9.2%

4 BR$2,340▲ 8.8%

FY2027 FY2026

Where 46845 sits in the Fort Wayne, IN area

Of the 63 ZIP codes HUD lists for the area, 46845 has the 2nd 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 $1,566 and $1,914 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,430	$1,287 – $1,573	$1,025	$1,270
1 bedroom	$1,430	$1,287 – $1,573	$1,026	$1,300
2 bedrooms	$1,740	$1,566 – $1,914	$1,248	$1,580
3 bedrooms	$2,140	$1,926 – $2,354	$1,534	$1,960
4 bedrooms	$2,340	$2,106 – $2,574	$1,679	$2,150

A household renting a two-bedroom home at the Small Area FMR of $1,740 needs about $69,600 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 46845 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
46765	Leo	3.4 mi	$1,480
46748	Huntertown	3.7 mi	$1,510
46825	Fort Wayne	4.2 mi	$1,430
46835	Fort Wayne	5.4 mi	$1,410
46738	Garrett	7.7 mi	$1,040
46805	Fort Wayne	7.7 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 46845?

HUD's FY2027 Small Area Fair Market Rents for 46845 are $1,430 (studio), $1,430 (1 BR), $1,740 (2 BR), $2,140 (3 BR) and $2,340 (4 BR) a month.

What is the Section 8 payment standard in 46845?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46845 that range is $1,566 to $1,914 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46845?

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.