FMRFinder

Hancock County, IN fair market rent

Indianapolis-Carmel, IN HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026

$1,5362 bedrooms / month

Illustrative 90–110% range $1,382–$1,690 · +4.3% from FY2026

Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Metro FMR area. U.S. county median 2BR $1,056.

Your housing authority's payment standard: not verified on this page.

Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.

HUD rents by bedroom count
UnitFY2027FY2026Change
Studio$1,187$1,118+6.2%
1 bedroom$1,336$1,267+5.4%
2 bedrooms$1,536$1,473+4.3%
3 bedrooms$1,991$1,907+4.4%
4 bedrooms$2,425$2,338+3.7%

Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.

2-bedroom FMR, last 11 years

HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method

Small Area FMRs by ZIP code

136 ZIPs in Indianapolis-Carmel, IN HUD Metro FMR Area
View the remaining 56 ZIP codes

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