What is the Fair Market Rent in Boone Township (Porter County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46341, which covers Boone Township (Porter County), is $1,180 a month.
Across the whole Gary, IN HUD Metro FMR Area the two-bedroom figure is $1,429.
The Census Bureau’s median gross rent for a two-bedroom home in Boone Township (Porter County) is $988 (±$105), below the Small Area figure for ZIP 46341.
Figures last updated on .
- 2 bedrooms, whole area
- $1,429
- 2 bedrooms, ZIP 46341
- $1,180
Fair Market Rents for Boone Township (Porter County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Gary, IN HUD Metro FMR Area (whole area) | $1,117 | $1,176 | $1,429 | $1,739 | $1,898 | — |
| ZIP 46341 (34% of the ZIP’s land is in this place) | $920 | $970 | $1,180 | $1,440 | $1,570 | $954 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Boone Township (Porter County)
What is the Section 8 payment standard in Boone Township (Porter County)?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Gary, IN HUD Metro FMR Area is $1,429, and the Small Area figure for 46341 is $1,180.
What is the Fair Market Rent for a two-bedroom in ZIP 46341?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46341 is $1,180 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $954 (±$50).
What is the Fair Market Rent for a one-bedroom in Boone Township (Porter County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 46341 is $970 a month, against $1,176 across the Gary, IN HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Gary, IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Gary, IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Boone Township (Porter County)
- Rent by bedrooms in Boone Township (Porter County)
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- Bedrooms in Boone Township (Porter County)
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