How much does Section 8 pay for a 2-bedroom in ZIP 46038?

For ZIP 46038 in Hamilton County, IN, the FY2026 two-bedroom Small Area Fair Market Rent is $1,940 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $1,745 to $2,135 before the tenant's utility allowance.

What are the FY2026 Section 8 rent limits for ZIP 46038?

HUD's FY2026 Small Area Fair Market Rent for ZIP 46038, by bedroom size: studio $1,470, 1-bedroom $1,670, 2-bedroom $1,940, 3-bedroom $2,510, 4-bedroom $3,080. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.

Which housing authority covers ZIP 46038?

Vouchers for Hamilton County are administered by Noblesville Housing Authority. The authority whose jurisdiction covers ZIP 46038 handles the application, the waitlist, the HAP contract, and the unit inspection.

Section 8 Rent in ZIP 46038

FY2026 Small Area Fair Market Rent for ZIP 46038 in Hamilton County, Indiana: the exact per-bedroom rents HUD publishes for this ZIP, the estimated payment-standard range, the housing authorities that administer vouchers here, and whether a landlord can legally decline a voucher in Indiana.

Studio

$1,470

1 BR

$1,670

2 BR

$1,940

3 BR

$2,510

4 BR

$3,080

Estimated payment standard range (2 BR)

Local PHAs set payment standards between 90% and 110% of FMR. Exact figures vary by PHA. The numbers below are the modeled range.

Low (90%)

$1,745

FMR (100%)

$1,940

High (110%)

$2,135

Gross rent before the tenant utility allowance. The PHA's published payment standard is the number that actually applies; verify with the PHA before signing a lease or HAP contract.

ZIP vs county FMR (2 BR)

ZIP 46038 at $1,940 is $467 higher than the Hamilton County county-wide 2 BR FMR of $1,473. In SAFMR metros the ZIP number is what actually applies to an address here, so a voucher stretches further in this ZIP than the county average suggests.

Can a landlord refuse Section 8 in ZIP 46038?

Yes. Indiana law blocks local governments from requiring voucher acceptance, so landlords in ZIP 46038 can legally decline Section 8 applicants. Listing on a voucher-friendly marketplace is the fastest way to find the landlords who do accept.

Indiana preempts local SOI protections. No statewide law. Landlords can refuse vouchers.

Informational only, not legal advice. Laws change, so verify current status before acting on a rejection or making a leasing decision.

Housing authorities serving Hamilton County

Noblesville Housing Authority
Noblesville · PHA code IN080
222 Section 8 units

The PHA whose jurisdiction covers ZIP 46038 handles the application, the HAP contract, and the unit inspection.

Frequently asked questions

How much does Section 8 pay for a 2-bedroom in ZIP 46038?: For ZIP 46038 in Hamilton County, IN, the FY2026 two-bedroom Small Area Fair Market Rent is $1,940 per month. Local housing authorities set the Section 8 payment standard between 90% and 110% of that, roughly $1,745 to $2,135 before the tenant's utility allowance.
What are the FY2026 Section 8 rent limits for ZIP 46038?: HUD's FY2026 Small Area Fair Market Rent for ZIP 46038, by bedroom size: studio $1,470, 1-bedroom $1,670, 2-bedroom $1,940, 3-bedroom $2,510, 4-bedroom $3,080. In SAFMR metros the ZIP-level figure, not the county average, is what applies to an address here.
Which housing authority covers ZIP 46038?: Vouchers for Hamilton County are administered by Noblesville Housing Authority. The authority whose jurisdiction covers ZIP 46038 handles the application, the waitlist, the HAP contract, and the unit inspection.

Find Section 8 apartments in ZIP 46038

VoucherMatch connects voucher holders with landlords who accept Section 8, and it is free for renters. Landlords: listings here reach applicants whose voucher already covers the rent above.

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Hamilton County overview All of Indiana

SAFMR data published by HUD for FY2026. ZIP 46038 maps to Hamilton County, IN · FIPS 18057. Investors can run these numbers in the RentalCalcs voucher analyzer.