Indiana · FIPS 18003 · HUD FY 2027
Allen County, Indiana Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Allen County is $1,248 a month (rent plus utilities), 4% below the Indiana average of $1,302 and 29% below the U.S. average of $1,761. That is up $135 (12.1%) from FY 2026. At 30% of income, a household needs about $49,920 a year to afford it.
- $1,2482-bedroom FMR+$135 (+12.1%) vs FY 2026
- $1,0261-bedroom FMRIndiana: $1,082 · U.S.: $1,478
- $49,920Income for a 2-bedroom$24/hour full-time
- 26 of 922BR rank in Indiana1 = highest rent
| Unit | Allen County FY 2027 | FY 2026 | Change | Indiana avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,025 | $892 | +$133 (+14.9%) | $1,005 | $1,379 | $41,000 |
| 1 bedroom | $1,026 | $916 | +$110 (+12.0%) | $1,082 | $1,478 | $41,040 |
| 2 bedrooms | $1,248 | $1,113 | +$135 (+12.1%) | $1,302 | $1,761 | $49,920 |
| 3 bedrooms | $1,534 | $1,381 | +$153 (+11.1%) | $1,642 | $2,266 | $61,360 |
| 4 bedrooms | $1,679 | $1,512 | +$167 (+11.0%) | $1,904 | $2,607 | $67,160 |
How Allen County compares
- HUD sets this rent for the Fort Wayne, IN metro FMR area, which covers 426,996 residents in 2 counties.
- Across Indiana, 2-bedroom FMRs run from $1,014 (Wayne County) to $1,536 (Boone County).
- Studio to 4-bedroom: $1,025, $1,026, $1,248, $1,534, $1,679. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 26 ZIP codes mostly in Allen County (by land area), the 2-bedroom figure ranges from $1,040 to $1,870.
Small Area FMRs by ZIP code in Allen County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 46704 | $1,290 | $1,290 | $1,570 | $1,930 | $2,110 | +$160 (+11.3%) | 26% above |
| 46741 | $1,360 | $1,360 | $1,650 | $2,030 | $2,220 | +$180 (+12.2%) | 32% above |
| 46743 | $1,020 | $1,020 | $1,240 | $1,520 | $1,670 | +$90 (+7.8%) | 1% below |
| 46745 | $840 | $910 | $1,060 | $1,320 | $1,450 | +$90 (+9.3%) | 15% below |
| 46748 | $1,200 | $1,240 | $1,510 | $1,870 | $2,050 | −$160 (−9.6%) | 21% above |
| 46765 | $1,190 | $1,210 | $1,480 | $1,820 | $1,980 | +$120 (+8.8%) | 19% above |
| 46773 | $880 | $890 | $1,080 | $1,330 | $1,450 | +$110 (+11.3%) | 13% below |
| 46774 | $1,010 | $1,010 | $1,230 | $1,510 | $1,650 | +$120 (+10.8%) | 1% below |
| 46797 | $1,040 | $1,040 | $1,260 | $1,550 | $1,700 | +$130 (+11.5%) | 1% above |
| 46798 | $1,190 | $1,190 | $1,450 | $1,780 | $1,950 | +$110 (+8.2%) | 16% above |
| 46802 | $950 | $950 | $1,160 | $1,430 | $1,560 | +$150 (+14.9%) | 7% below |
| 46803 | $940 | $950 | $1,150 | $1,410 | $1,550 | +$140 (+13.9%) | 8% below |
| 46804 | $1,160 | $1,160 | $1,410 | $1,730 | $1,900 | +$150 (+11.9%) | 13% above |
| 46805 | $920 | $920 | $1,120 | $1,380 | $1,510 | +$140 (+14.3%) | 10% below |
| 46806 | $900 | $900 | $1,100 | $1,350 | $1,480 | +$130 (+13.4%) | 12% below |
| 46807 | $1,010 | $1,010 | $1,230 | $1,510 | $1,650 | +$130 (+11.8%) | 1% below |
| 46808 | $960 | $960 | $1,170 | $1,440 | $1,570 | +$130 (+12.5%) | 6% below |
| 46809 | $850 | $860 | $1,040 | $1,280 | $1,400 | +$80 (+8.3%) | 17% below |
| 46814 | $1,540 | $1,540 | $1,870 | $2,300 | $2,520 | +$220 (+13.3%) | 50% above |
| 46815 | $990 | $990 | $1,210 | $1,490 | $1,630 | +$120 (+11.0%) | 3% below |
| 46816 | $900 | $900 | $1,090 | $1,340 | $1,470 | +$120 (+12.4%) | 13% below |
| 46818 | $1,290 | $1,290 | $1,570 | $1,930 | $2,110 | +$160 (+11.3%) | 26% above |
| 46819 | $980 | $980 | $1,190 | $1,460 | $1,600 | +$100 (+9.2%) | 5% below |
| 46825 | $1,170 | $1,180 | $1,430 | $1,760 | $1,920 | +$170 (+13.5%) | 15% above |
| 46835 | $1,160 | $1,160 | $1,410 | $1,730 | $1,900 | +$180 (+14.6%) | 13% above |
| 46845 | $1,430 | $1,430 | $1,740 | $2,140 | $2,340 | +$160 (+10.1%) | 39% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.