FY2027 Small Area FMR · Leiters Ford, IN

ZIP 46945 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 46945 (Leiters Ford, IN) is $1,030 a month, up 7.3% from FY2026. That is 0% equal to the Fulton County, IN area-wide FMR of $1,034.

2-bedroom SAFMR$1,030per month ▲ 7.3%

Area-wide 2 BR FMR$1,034Fulton County, IN

Rank in the area12thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$770▲ 11.6%

1 BR$790▲ 8.2%

2 BR$1,030▲ 7.3%

3 BR$1,230▲ 7.0%

4 BR$1,350▲ 6.3%

FY2027 FY2026

Where 46945 sits in the Fulton County, IN area

Of the 18 ZIP codes HUD lists for the area, 46945 has the 12th 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 $1,030 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	$774	$690
1 bedroom	$790	$711 – $869	$790	$730
2 bedrooms	$1,030	$927 – $1,133	$1,034	$960
3 bedrooms	$1,230	$1,107 – $1,353	$1,232	$1,150
4 bedrooms	$1,350	$1,215 – $1,485	$1,359	$1,270

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 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 46945 lies mainly in Fulton County. See the Fulton County, IN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
46922	Delong	1.8 mi	$1,030
46511	Culver	7.1 mi	$1,050
46975	Rochester	7.7 mi	$1,030
46960	Monterey	8.3 mi	$1,010
46939	Kewanna	8.9 mi	$1,010
46968	Ora	9.1 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 46945?

HUD's FY2027 Small Area Fair Market Rents for 46945 are $770 (studio), $790 (1 BR), $1,030 (2 BR), $1,230 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 46945?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 46945 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 46945?

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.