What is the Fair Market Rent in Madison Township (Allen County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,060 to $1,080 a month across the 2 ZIP codes that cover Madison Township (Allen County).
By ZIP code: 46745 $1,060, 46773 $1,080.
Across the whole Fort Wayne, IN HUD Metro FMR Area the two-bedroom figure is $1,248.
The Census Bureau’s median gross rent for a two-bedroom home in Madison Township (Allen County) is $630 (±$559), within its margin of the Small Area figure for ZIP 46745.
Figures last updated on .
- 2 bedrooms, whole area
- $1,248
- 2 bedrooms, ZIP 46745
- $1,060
- 2 bedrooms, ZIP 46773
- $1,080
Fair Market Rents for Madison Township (Allen County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Fort Wayne, IN HUD Metro FMR Area (whole area) | $1,025 | $1,026 | $1,248 | $1,534 | $1,679 | — |
| ZIP 46745 (35% of the ZIP’s land is in this place) | $840 | $910 | $1,060 | $1,320 | $1,450 | — |
| ZIP 46773 (32% of the ZIP’s land is in this place) | $880 | $890 | $1,080 | $1,330 | $1,450 | $886 |
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 Madison Township (Allen County)
What is the Section 8 payment standard in Madison Township (Allen 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 Fort Wayne, IN HUD Metro FMR Area is $1,248, and the Small Area figure for 46745 is $1,060.
What is the Fair Market Rent for a two-bedroom in ZIP 46745?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46745 is $1,060 a month.
What is the Fair Market Rent for a two-bedroom in ZIP 46773?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46773 is $1,080 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $886 (±$78).
What is the Fair Market Rent for a one-bedroom in Madison Township (Allen County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 46745 is $910 a month, against $1,026 across the Fort Wayne, IN HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Fort Wayne, IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Fort Wayne, 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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- Types of homes in Madison Township (Allen County)
- Bedrooms in Madison Township (Allen County)
- Age of homes in Madison Township (Allen County)
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- Population growth in Madison Township (Allen County)
- Indiana landlord and tenant rules
- Housing across Allen County
- Housing data for every place in Indiana