The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Camby, IN 46113's Section 8 Fair Market Rent

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in the 46113 zip code area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $1,062 to a high of $1,298, with an average of $1,180.
One-bedroom: One-bedroom rental prices vary, with a minimum of $1,233, a maximum of $1,507, and an average of $1,370.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $1,458, peaking at a maximum of $1,782, and averaging at $1,620.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,899, a maximum of $2,321, and an average of $2,110.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $2,295 to a maximum of $2,805, with an average of $2,550.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year City, State, Zipcode HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Camby, IN 46113 Low Rent (90%) $1,062 $1,233 $1,458 $1,899 $2,295
Average Rent $1,180 $1,370 $1,620 $2,110 $2,550
High Rent(110%) $1,298 $1,507 $1,782 $2,321 $2,805
2023 Camby, IN 46113 Low Rent (90%) $846 $981 $1,170 $1,539 $1,836
Average Rent $940 $1,090 $1,300 $1,710 $2,040
High Rent (110%) $1,034 $1,199 $1,430 $1,881 $2,244
2022 Camby, IN 46113 Low Rent (90%) $747 $864 $1,035 $1,359 $1,602
Average Rent $830 $960 $1,150 $1,510 $1,780
High Rent(110%) $913 $1,056 $1,265 $1,661 $1,958
2021 Camby, IN 46113 Low Rent (90%) $729 $837 $1,017 $1,341 $1,566
Average Rent $810 $930 $1,130 $1,490 $1,740
High Rent (110%) $891 $1,023 $1,243 $1,639 $1,914
2020 Camby, IN 46113 Low Rent (90%) $702 $810 $981 $1,305 $1,494
Average Rent $780 $900 $1,090 $1,450 $1,660
High Rent(110%) $858 $990 $1,199 $1,595 $1,826
2019 Camby, IN 46113 Low Rent (90%) $657 $756 $927 $1,242 $1,404
Average Rent $730 $840 $1,030 $1,380 $1,560
High Rent (110%) $803 $924 $1,133 $1,518 $1,716


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