What is the Fair Market Rent in Sugar Creek Township (Boone County), IN?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46071, which covers Sugar Creek Township (Boone County), is $1,280 a month.
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 Sugar Creek Township (Boone County) is $900 (±$109), below the Small Area figure for ZIP 46071.
Figures last updated on .
- 2 bedrooms, whole area
- $1,536
- 2 bedrooms, ZIP 46071
- $1,280
Fair Market Rents for Sugar Creek Township (Boone County), fiscal year 2027
| 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 46071 (40% of the ZIP’s land is in this place) | $990 | $1,110 | $1,280 | $1,660 | $2,020 | $896 |
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 Sugar Creek Township (Boone County)
What is the Section 8 payment standard in Sugar Creek Township (Boone 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 46071 is $1,280.
What is the Fair Market Rent for a two-bedroom in ZIP 46071?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46071 is $1,280 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $896 (±$157).
What is the Fair Market Rent for a one-bedroom in Sugar Creek Township (Boone County)?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 46071 is $1,110 a month, against $1,336 across the Indianapolis-Carmel, IN HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Indianapolis-Carmel, IN HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Indianapolis-Carmel, 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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