Metro FMR area · IN · HUD FY 2027

Elkhart-Goshen, IN Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Elkhart-Goshen, IN area is $1,253 a month, 4% below the Indiana average and 29% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 19 ZIP codes range from $1,070 to $1,910.

$1,2532-bedroom FMR+$70 (+5.9%) vs FY 2026
$1,0481-bedroom FMRU.S.: $1,478
$50,120Income for a 2-bedroomat 30% of income
207,132Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,253/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Elkhart-Goshen, IN FMR	$1,253	$50,120	–
Indiana average	$1,302	$52,071	–
U.S. average	$1,761	$70,432	–

Elkhart-Goshen, IN Fair Market Rents, FY 2027 vs FY 2026
Unit	Elkhart-Goshen, IN FY 2027	FY 2026	Change	Indiana avg	U.S. avg	Income needed
Studio	$1,008	$968	+$40 (+4.1%)	$1,005	$1,379	$40,320
1 bedroom	$1,048	$992	+$56 (+5.6%)	$1,082	$1,478	$41,920
2 bedrooms	$1,253	$1,183	+$70 (+5.9%)	$1,302	$1,761	$50,120
3 bedrooms	$1,653	$1,553	+$100 (+6.4%)	$1,642	$2,266	$66,120
4 bedrooms	$1,752	$1,581	+$171 (+10.8%)	$1,904	$2,607	$70,080

Counties in this FMR area

Counties in the Elkhart-Goshen, IN FMR area
County	Residents in area
Elkhart County, IN	207,132

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,250.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Elkhart-Goshen, IN
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
46507	$1,030	$1,070	$1,280	$1,690	$1,790	+$60 (+4.9%)	2% above
46514	$1,060	$1,100	$1,320	$1,740	$1,850	+$80 (+6.5%)	5% above
46515	$1,010	$1,050	$1,250	$1,650	$1,750	+$70 (+5.9%)	about the same as
46516	$990	$1,030	$1,230	$1,620	$1,720	+$80 (+7.0%)	2% below
46517	$890	$1,000	$1,170	$1,460	$1,550	+$110 (+10.4%)	7% below
46526	$1,070	$1,110	$1,330	$1,750	$1,860	+$80 (+6.4%)	6% above
46527	$1,010	$1,050	$1,250	$1,650	$1,750	+$70 (+5.9%)	about the same as
46528	$1,020	$1,060	$1,270	$1,680	$1,780	+$50 (+4.1%)	1% above
46530	$1,410	$1,630	$1,910	$2,320	$2,520	+$50 (+2.7%)	52% above
46540	$1,070	$1,110	$1,340	$1,760	$1,870	+$90 (+7.2%)	7% above
46542	$910	$920	$1,200	$1,460	$1,580	+$40 (+3.4%)	4% below
46543	$1,000	$1,030	$1,270	$1,620	$1,740	+$100 (+8.5%)	1% above
46550	$880	$1,000	$1,170	$1,420	$1,540	+$90 (+8.3%)	7% below
46553	$990	$1,030	$1,230	$1,620	$1,720	+$140 (+12.8%)	2% below
46561	$1,060	$1,210	$1,420	$1,740	$1,880	+$30 (+2.2%)	13% above
46565	$880	$900	$1,070	$1,400	$1,430	+$110 (+11.5%)	15% below
46567	$880	$900	$1,130	$1,400	$1,490	+$30 (+2.7%)	10% below
46573	$1,020	$1,080	$1,290	$1,680	$1,780	+$50 (+4.0%)	3% above
46767	$880	$900	$1,080	$1,400	$1,800	+$40 (+3.8%)	14% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.