Howard County, IN fair market rent
Kokomo, IN MSA · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,061–$1,297 · +5.0% 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.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $909 | $884 | +2.8% |
| 1 bedroom | $915 | $890 | +2.8% |
| 2 bedrooms | $1,179 | $1,123 | +5.0% |
| 3 bedrooms | $1,420 | $1,388 | +2.3% |
| 4 bedrooms | $1,636 | $1,567 | +4.4% |
All Indiana areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$745
- FY18$697
- FY19$716
- FY20$730
- FY21$732
- FY22$738
- FY23$877
- FY24$980
- FY25$1,019
- FY26$1,123
- FY27$1,179
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
17 ZIPs in Kokomo, IN MSA- ZIP 46039Studio $890 · 1BR $900 · 3BR $1,430 · 4BR $1,560
- ZIP 46041Studio $830 · 1BR $850 · 3BR $1,380 · 4BR $1,560
- ZIP 46068Studio $1,050 · 1BR $1,050 · 3BR $1,640 · 4BR $1,810
- ZIP 46076Studio $1,020 · 1BR $1,020 · 3BR $1,590 · 4BR $1,760
- ZIP 46901Studio $860 · 1BR $870 · 3BR $1,350 · 4BR $1,550
- ZIP 46902Studio $920 · 1BR $920 · 3BR $1,430 · 4BR $1,650
- ZIP 46903Studio $910 · 1BR $920 · 3BR $1,420 · 4BR $1,640
- ZIP 46904Studio $910 · 1BR $920 · 3BR $1,420 · 4BR $1,640
- ZIP 46919Studio $800 · 1BR $810 · 3BR $1,280 · 4BR $1,460
- ZIP 46928Studio $810 · 1BR $850 · 3BR $1,440 · 4BR $1,570
- ZIP 46929Studio $800 · 1BR $810 · 3BR $1,250 · 4BR $1,420
- ZIP 46932Studio $830 · 1BR $830 · 3BR $1,350 · 4BR $1,420
- ZIP 46936Studio $910 · 1BR $920 · 3BR $1,420 · 4BR $1,640
- ZIP 46937Studio $920 · 1BR $920 · 3BR $1,430 · 4BR $1,650
- ZIP 46965Studio $920 · 1BR $920 · 3BR $1,430 · 4BR $1,650
- ZIP 46979Studio $910 · 1BR $920 · 3BR $1,420 · 4BR $1,640
- ZIP 46995Studio $910 · 1BR $920 · 3BR $1,420 · 4BR $1,640