Section 8 Fair Market Rent (FMR) for ZIP 45041 - 2027
Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,040 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,880 |
| 4 Bedrooms | $2,120 |
| 5 Bedrooms | $2,459 |
| 6 Bedrooms | $2,754 |
| 7 Bedrooms | $2,974 |
| 8 Bedrooms | $3,123 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$N/A
To determine if you should buy in ZIP code 45041 for Section 8 purposes, follow this decision tree:
- Does the Fair Market Rent (FMR) of $1130 cover debt service on a property?
- If the FMR does not cover the debt service, the answer is No. You must ensure that the rental income can support the mortgage payments and other expenses associated with owning the property.
- If the FMR does cover the debt service, proceed to the next question.
- Is the market rent above, at, or below the FMR of $1130?
- If the market rent is above the FMR, then you will likely face competition from other landlords who do not accept Section 8 tenants. The answer is It Depends on your willingness to accept lower rents.
- If the market rent is at or below the FMR, then you are in line with what the market is offering for Section 8 properties. Proceed to the next question.
- Are the demand indicators sufficient?
- The data indicates that 0.0% of the renters are interested in Section 8 properties, which suggests very low demand. Additionally, the Days on Market (DOM) figure is not available, making it difficult to assess how quickly properties are being rented out. With these conditions, the answer is No. There is insufficient demand to justify purchasing a property for Section 8 tenants in ZIP 45041.
Note: The analysis is limited due to missing data points such as the average market rent and the exact DOM figure. To make an informed decision, you would need to research these metrics specifically for ZIP 45041.
Data Sources: FMR data from HUD (2027). 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.