FY2027 Small Area FMR · Meridian, ID
ZIP 83646 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 83646 (Meridian, ID) is $1,900 a month, down 9.1% from FY2026. That is 23% above the Boise City, ID area-wide FMR of $1,540.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 83646 sits in the Boise City, ID area
Of the 57 ZIP codes HUD lists for the area, 83646 has the 4th highest two-bedroom Small Area FMR. Boise City, ID 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 $1,540 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,900 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,420 | $1,278 – $1,562 | $1,152 | $1,490 |
| 1 bedroom | $1,600 | $1,440 – $1,760 | $1,295 | $1,750 |
| 2 bedrooms | $1,900 | $1,710 – $2,090 | $1,540 | $2,090 |
| 3 bedrooms | $2,640 | $2,376 – $2,904 | $2,132 | $2,930 |
| 4 bedrooms | $3,180 | $2,862 – $3,498 | $2,574 | $3,510 |
A household renting a two-bedroom home at the Small Area FMR of $1,900 needs about $76,000 a year to keep housing costs at 30% of income. The area median family income is $110,700 and the 80% low-income limit for four people is $88,550. ZIP code 83646 lies mainly in Ada County. See the Boise City, ID metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 83646?
HUD's FY2027 Small Area Fair Market Rents for 83646 are $1,420 (studio), $1,600 (1 BR), $1,900 (2 BR), $2,640 (3 BR) and $3,180 (4 BR) a month.
What is the Section 8 payment standard in 83646?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 83646 that range is $1,710 to $2,090 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 83646?
The FY2026 income limits of the Boise City, ID area apply: median family income $110,700, low-income (80%) limit $88,550 for a family of four.