Location: Marshall County, IN | Metro: Marshall County, IN
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zip Code 46513 in Marshall County, Indiana, can serve as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,010. Although specific market and median home value data were not provided, the listings suggest a range of property values suitable for rental investment.
The listings from REMAX indicate that there are several homes available for purchase in the area, with prices ranging from $132,000 to $375,000. A home priced at $237,000, for instance, offers 3 bedrooms and 2 bathrooms across 2,266 square feet. With the FMR at $1,010, landlords can expect to receive a stable rental income from tenants participating in the Section 8 program. This ensures consistent cash flow, which is crucial for maintaining a balanced real estate portfolio.
Given the relatively low property prices compared to the FMR, this zip code presents an opportunity for landlords to secure properties that generate positive cash flow. It is advisable to focus on properties that align with the FMR to maximize returns while adhering to the program's guidelines.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.