Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,070 |
| 1 Bedroom | $1,150 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,180 |
| 5 Bedrooms | $2,529 |
| 6 Bedrooms | $2,832 |
| 7 Bedrooms | $3,059 |
| 8 Bedrooms | $3,212 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,470 | $243,844 | 0.6% | D |
| 3BR | $1,930 | $332,641 | 0.58% | F |
| 4BR | $2,180 | $459,399 | 0.47% | F |
U.S. Census Bureau data (2024)
North Bend, Ohio, located in ZIP code 45052, is a suburban community situated along the Great Miami River, just northeast of Cincinnati. The area offers a blend of rural charm and suburban convenience, making it attractive for both homeowners and renters.
Investors looking to enter the North Bend market can expect a modest rental income potential with properties priced slightly below the market rent. The relatively high median income supports the affordability of housing, which benefits both buyers and renters. With a smaller percentage of the population renting, there is room for growth in the rental sector, especially for those who can offer well-maintained and affordable units. The fair market rent provides a benchmark for pricing rental properties competitively. Overall, North Bend presents a balanced investment opportunity, with a focus on long-term stability and growth rather than short-term gains.
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.