Section 8 Fair Market Rent (FMR) for ZIP 45250 - 2027
Location: Cincinnati, OH | Metro: Cincinnati, OH-KY-IN HUD Metro FMR Area
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $1,020 |
| 1 Bedroom | $1,100 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,840 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
Based on the available data, ZIP 45250 is located in Cincinnati, OH. The specific demographic details such as population, percentage of renters, median income, and median home value were not provided in the search results. However, focusing on the rent economics, the Fair Market Rent (FMR) for a one-bedroom unit in ZIP 45250 for fiscal year 2024 is set at $1150.
To provide a more complete picture, let’s compare this FMR with the market rent. Unfortunately, the exact market rent figure for ZIP 45250 was not found in the recent searches. Typically, market rents can fluctuate and might be higher or lower than the FMR depending on various factors including location, amenities, and the overall health of the housing market.
Given the FMR of $1150 for a one-bedroom unit, landlords and small-portfolio investors need to consider whether this aligns with their expectations for rental income. If the market rent is significantly higher than the FMR, then the area might be more suitable for hands-on value-add buyers who are willing to manage properties actively and potentially increase rents beyond the FMR limits. Conversely, if the market rent closely matches the FMR, then the area could be better suited for hands-off voucher operators who rely on government subsidies to cover most of the rental costs.
Investors should also look into the specific characteristics of the neighborhood within ZIP 45250, such as proximity to amenities, employment centers, and public transportation, which can influence the desirability and potential profitability of rental properties. Additionally, understanding the local real estate trends and the overall economic climate of Cincinnati, OH, will help in making informed investment decisions.
Data Sources: FMR data from HUD (2027).
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.