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Fair Market Rent · Indiana

Fair Market Rent in Howard County, IN

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$909studio
$9151 bedroom
$1,1792 bedrooms
$1,4203 bedrooms
$1,6364 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Howard County is $1,179 a month, +5% from FY2026. Howard County is part of the Kokomo, IN MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$909$884+2.8%$818–1,000
1 bedroom$915$890+2.8%$824–1,007
2 bedrooms$1,179$1,123+5%$1,061–1,297
3 bedrooms$1,420$1,388+2.3%$1,278–1,562
4 bedrooms$1,636$1,567+4.4%$1,472–1,800

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Howard County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
46901Kokomo$1,120$868$887
46902Kokomo$1,190$966$955
46936Greentown$1,180$1,071$941
46937Hemlock$1,190––
46965Oakford$1,190––
46979Russiaville$1,180$658$760

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.