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2025 FMR And Section 8 Rents For Kokomo IN

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of kokomo, IN.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
37165$788$830$980$1299$1510
37180$788$793$980$1299$1428
37160$790$793$980$1300$1430
37175$790$793$980$1300$1430
37184$790$793$980$1300$1430
37187$790$793$980$1300$1430
37171$788$793$980$1299$1428
37178$788$793$980$1299$1428
37172$820$830$1020$1350$1490
37183$840$850$1050$1390$1530
37179$788$800$1050$1350$1428
37185$790$793$980$1300$1430
37167$790$793$980$1300$1430
37186$880$880$1090$1440$1590
37181$788$793$980$1299$1428
37174$790$793$980$1300$1430
37166$820$830$1020$1350$1490

Zip Code:

37165

Studio Rent:

$788

1 Bedroom Rent:

$830

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1299

4 Bedroom Rent:

$1510

Zip Code:

37180

Studio Rent:

$788

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1299

4 Bedroom Rent:

$1428

Zip Code:

37160

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37175

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37184

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37187

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37171

Studio Rent:

$788

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1299

4 Bedroom Rent:

$1428

Zip Code:

37178

Studio Rent:

$788

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1299

4 Bedroom Rent:

$1428

Zip Code:

37172

Studio Rent:

$820

1 Bedroom Rent:

$830

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1350

4 Bedroom Rent:

$1490

Zip Code:

37183

Studio Rent:

$840

1 Bedroom Rent:

$850

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1390

4 Bedroom Rent:

$1530

Zip Code:

37179

Studio Rent:

$788

1 Bedroom Rent:

$800

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1350

4 Bedroom Rent:

$1428

Zip Code:

37185

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37167

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37186

Studio Rent:

$880

1 Bedroom Rent:

$880

2 Bedroom Rent:

$1090

3 Bedroom Rent:

$1440

4 Bedroom Rent:

$1590

Zip Code:

37181

Studio Rent:

$788

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1299

4 Bedroom Rent:

$1428

Zip Code:

37174

Studio Rent:

$790

1 Bedroom Rent:

$793

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1300

4 Bedroom Rent:

$1430

Zip Code:

37166

Studio Rent:

$820

1 Bedroom Rent:

$830

2 Bedroom Rent:

$1020

3 Bedroom Rent:

$1350

4 Bedroom Rent:

$1490

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.