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2025 FMR And Section 8 Rents For Anderson 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 anderson, 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
32809$793$868$1140$1468$1518
32811$840$910$1200$1540$1600
32805$840$920$1210$1560$1610
32821$793$868$1140$1468$1518
32792$793$868$1140$1468$1518
32803$793$870$1140$1470$1520
32806$793$870$1140$1470$1520
32801$793$868$1140$1468$1518
32819$793$868$1140$1468$1518
32822$793$868$1140$1468$1518
32812$860$950$1240$1600$1660
32818$920$1010$1320$1700$1760
32798$830$910$1190$1530$1580
32814$1110$1290$1520$1980$2400
32820$793$868$1140$1468$1518
32807$793$868$1140$1468$1518
32817$793$868$1140$1468$1518
32804$793$868$1140$1468$1518
32808$1010$1170$1390$1810$2160
32796$900$980$1290$1660$1720
32810$1000$1100$1440$1850$1920

Zip Code:

32809

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32811

Studio Rent:

$840

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1200

3 Bedroom Rent:

$1540

4 Bedroom Rent:

$1600

Zip Code:

32805

Studio Rent:

$840

1 Bedroom Rent:

$920

2 Bedroom Rent:

$1210

3 Bedroom Rent:

$1560

4 Bedroom Rent:

$1610

Zip Code:

32821

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32792

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32803

Studio Rent:

$793

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1470

4 Bedroom Rent:

$1520

Zip Code:

32806

Studio Rent:

$793

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1470

4 Bedroom Rent:

$1520

Zip Code:

32801

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32819

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32822

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32812

Studio Rent:

$860

1 Bedroom Rent:

$950

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1600

4 Bedroom Rent:

$1660

Zip Code:

32818

Studio Rent:

$920

1 Bedroom Rent:

$1010

2 Bedroom Rent:

$1320

3 Bedroom Rent:

$1700

4 Bedroom Rent:

$1760

Zip Code:

32798

Studio Rent:

$830

1 Bedroom Rent:

$910

2 Bedroom Rent:

$1190

3 Bedroom Rent:

$1530

4 Bedroom Rent:

$1580

Zip Code:

32814

Studio Rent:

$1110

1 Bedroom Rent:

$1290

2 Bedroom Rent:

$1520

3 Bedroom Rent:

$1980

4 Bedroom Rent:

$2400

Zip Code:

32820

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32807

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32817

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32804

Studio Rent:

$793

1 Bedroom Rent:

$868

2 Bedroom Rent:

$1140

3 Bedroom Rent:

$1468

4 Bedroom Rent:

$1518

Zip Code:

32808

Studio Rent:

$1010

1 Bedroom Rent:

$1170

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1810

4 Bedroom Rent:

$2160

Zip Code:

32796

Studio Rent:

$900

1 Bedroom Rent:

$980

2 Bedroom Rent:

$1290

3 Bedroom Rent:

$1660

4 Bedroom Rent:

$1720

Zip Code:

32810

Studio Rent:

$1000

1 Bedroom Rent:

$1100

2 Bedroom Rent:

$1440

3 Bedroom Rent:

$1850

4 Bedroom Rent:

$1920

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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.