What is the Fair Market Rent in Center Township (Marion County), IN?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,310 to $2,220 a month across the 8 ZIP codes that cover Center Township (Marion County).

By ZIP code: 46201 $1,310, 46202 $1,980, 46204 $2,220, 46206 $1,470, 46225 $1,420, 46218 $1,330, 46203 $1,380, 46208 $1,400.

Across the whole Indianapolis-Carmel, IN HUD Metro FMR Area the two-bedroom figure is $1,536.

The Census Bureau’s median gross rent for a two-bedroom home in Center Township (Marion County) is $1,187 (±$42), below the Small Area figure for ZIP 46201.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,536
2 bedrooms, ZIP 46201: $1,310
2 bedrooms, ZIP 46202: $1,980
2 bedrooms, ZIP 46204: $2,220

Fair Market Rents for Center Township (Marion County), fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Indianapolis-Carmel, IN HUD Metro FMR Area (whole area)	$1,187	$1,336	$1,536	$1,991	$2,425	—
ZIP 46201	$1,010	$1,140	$1,310	$1,700	$2,070	$941
ZIP 46202	$1,530	$1,720	$1,980	$2,570	$3,130	$1,288
ZIP 46204	$1,720	$1,930	$2,220	$2,880	$3,500	$1,638
ZIP 46206	$1,140	$1,280	$1,470	$1,910	$2,320	—
ZIP 46225 (94% of the ZIP’s land is in this place)	$1,100	$1,230	$1,420	$1,840	$2,240	$1,119
ZIP 46218 (73% of the ZIP’s land is in this place)	$1,030	$1,160	$1,330	$1,720	$2,100	$1,094
ZIP 46203 (57% of the ZIP’s land is in this place)	$1,070	$1,200	$1,380	$1,790	$2,180	$1,111
ZIP 46208 (55% of the ZIP’s land is in this place)	$1,080	$1,220	$1,400	$1,810	$2,210	$1,075

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 Center Township (Marion County)

What is the Section 8 payment standard in Center Township (Marion 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 Indianapolis-Carmel, IN HUD Metro FMR Area is $1,536, and the Small Area figure for 46201 is $1,310.

What is the Fair Market Rent for a two-bedroom in ZIP 46201?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46201 is $1,310 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $941 (±$39).

What is the Fair Market Rent for a two-bedroom in ZIP 46202?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46202 is $1,980 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,288 (±$55).

What is the Fair Market Rent for a two-bedroom in ZIP 46204?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46204 is $2,220 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,638 (±$107).

What is the Fair Market Rent for a one-bedroom in Center Township (Marion County)?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 46201 is $1,140 a month, against $1,336 across the Indianapolis-Carmel, IN HUD Metro FMR Area.

Sources

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.