Section 8 Fair Market Rent (FMR) for ZIP 45052 - 2027

Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,070
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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

4,236

Median Household Income

$101,165

Housing Units

1,695

Renter Percentage

14.3%

Occupancy Rate

97.2%

Renter Occupied

236

Housing Authorities Serving ZIP 45052

Cincinnati Metropolitan Housing Authority (Cincinnati, OH) - 12,013 Section 8 vouchers

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.

The Fair Market Rent (FMR) for a two-bedroom apartment in North Bend for fiscal year 2024 is set at $1020.
The average market rent for a similar unit, according to the Census Bureau's American Community Survey, stands at $1,159.
The median home value in North Bend is $347,681, reflecting a stable and growing housing market.
Renters make up 14.3% of the total population, indicating a smaller but still significant rental market.
The median household income in the area is $101,165, suggesting that residents have a higher-than-average ability to pay rent or mortgage payments.

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). 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.