Madison County, IN fair market rent
Anderson, IN HUD Metro FMR Area · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $1,198–$1,464 · +10.4% 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 | $1,011 | $898 | +12.6% |
| 1 bedroom | $1,017 | $919 | +10.7% |
| 2 bedrooms | $1,331 | $1,206 | +10.4% |
| 3 bedrooms | $1,743 | $1,594 | +9.3% |
| 4 bedrooms | $1,749 | $1,597 | +9.5% |
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$775
- FY18$732
- FY19$788
- FY20$806
- FY21$804
- FY22$796
- FY23$908
- FY24$1,140
- FY25$1,054
- FY26$1,206
- FY27$1,331
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
21 ZIPs in Anderson, IN HUD Metro FMR Area- ZIP 46001Studio $890 · 1BR $890 · 3BR $1,530 · 4BR $1,540
- ZIP 46011Studio $1,150 · 1BR $1,160 · 3BR $1,990 · 4BR $2,000
- ZIP 46012Studio $1,070 · 1BR $1,080 · 3BR $1,840 · 4BR $1,860
- ZIP 46013Studio $980 · 1BR $990 · 3BR $1,690 · 4BR $1,700
- ZIP 46015Studio $1,010 · 1BR $1,020 · 3BR $1,740 · 4BR $1,750
- ZIP 46016Studio $1,050 · 1BR $1,050 · 3BR $1,810 · 4BR $1,810
- ZIP 46017Studio $1,040 · 1BR $1,050 · 3BR $1,790 · 4BR $1,800
- ZIP 46018Studio $1,010 · 1BR $1,020 · 3BR $1,740 · 4BR $1,750
- ZIP 46036Studio $910 · 1BR $920 · 3BR $1,570 · 4BR $1,580
- ZIP 46040Studio $1,250 · 1BR $1,410 · 3BR $2,110 · 4BR $2,550
- ZIP 46044Studio $1,090 · 1BR $1,100 · 3BR $1,890 · 4BR $1,890
- ZIP 46048Studio $1,440 · 1BR $1,450 · 3BR $2,490 · 4BR $2,500
- ZIP 46051Studio $1,290 · 1BR $1,300 · 3BR $2,230 · 4BR $2,230
- ZIP 46056Studio $1,120 · 1BR $1,120 · 3BR $1,920 · 4BR $1,940
- ZIP 46060Studio $1,280 · 1BR $1,440 · 3BR $2,150 · 4BR $2,620
- ZIP 46063Studio $870 · 1BR $870 · 3BR $1,490 · 4BR $1,500
- ZIP 46064Studio $1,190 · 1BR $1,200 · 3BR $2,050 · 4BR $2,070
- ZIP 46070Studio $920 · 1BR $920 · 3BR $1,580 · 4BR $1,590
- ZIP 46928Studio $810 · 1BR $850 · 3BR $1,440 · 4BR $1,570
- ZIP 47342Studio $810 · 1BR $830 · 3BR $1,440 · 4BR $1,680
- ZIP 47356Studio $820 · 1BR $830 · 3BR $1,440 · 4BR $1,520