Section 8 Fair Market Rent (FMR) for ZIP 43136 - 2027

Location: Columbus, OH | Metro: Columbus, OH HUD Metro FMR Area

Investment Score for ZIP 43136

N/A
Monthly Rent (2BR)
$1,600
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,260
1 Bedroom$1,340
2 Bedrooms$1,600
3 Bedrooms$1,910
4 Bedrooms$2,170
5 Bedrooms$2,517
6 Bedrooms$2,819
7 Bedrooms$3,045
8 Bedrooms$3,197

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,910 $374,821 0.51% F
4BR $2,170 $418,736 0.52% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,216
Median Household Income
$114,375
Housing Units
707
Renter Percentage
17.7%
Occupancy Rate
100.0%
Renter Occupied
125

ZIP code 43136 has a population of 2,216 residents, with 17.7% identified as renters. The median household income in this area stands at $114,375. Given these statistics, it is clear that 43136 is not a renter-heavy ZIP code; rather, it is dominated by homeowners. The rental market in this area is likely to be less competitive for tenants seeking housing assistance through vouchers.

The market rent in 43136 is set at $1,985, which represents approximately 17.3% of the median household income. This indicates that typical rent consumes a significant portion of the average local income, but not an overwhelming one. For comparison, the Fair Market Rent (FMR) for the area, as determined by HUD for FY 2024, is $1,340. This means that the market rent is about 48.1% higher than the FMR, suggesting that rents in 43136 exceed the federal guidelines for affordable housing.

A landlord in ZIP 43136 should expect a tenant profile that includes individuals and families who may be eligible for Section 8 vouchers but face challenges due to the limited availability of such assistance in the area. Tenants will likely have to supplement their voucher income with additional funds to meet the market rent. Given the relatively high median income and the fact that the majority of residents are homeowners, landlords can anticipate a mix of middle-income renters who are either first-time renters or those transitioning between homeownership stages. These tenants are likely to value the quality of housing and amenities that align with the higher market rent.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

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.