FMR is below market; voucher rent may lag private rents.
0.86
1 BR
1 BR- 44017
0.83ratio
FMR$1,050
Market$1,260
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 44017
0.75ratio
FMR$1,270
Market$1,690
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 44017
0.80ratio
FMR$1,620
Market$2,020
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 44017
0.70ratio
FMR$1,750
Market$2,500
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.70
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Berea, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Berea, OH is $1,270 a month. That is down 0.8% from $1,280 in FY 2026. Berea is in the Cleveland, OH HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Ohio is $1,048, so Berea is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Berea, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$930
$920
−1.1%
$828–$1,012
1BR
$1,060
$1,050
−0.9%
$945–$1,155
2BR
$1,280
$1,270
−0.8%
$1,143–$1,397
3BR
$1,650
$1,620
−1.8%
$1,458–$1,782
4BR
$1,760
$1,750
−0.6%
$1,575–$1,925
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Berea, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$920
$1,050
$1,270
$1,620
$1,750
FY 2026
$930
$1,060
$1,280
$1,650
$1,760
FY 2025
$890
$1,010
$1,220
$1,570
$1,680
FY 2024
$810
$910
$1,110
$1,440
$1,530
FY 2023
$710
$810
$990
$1,290
$1,360
Questions about Berea, OH rents
How much will Section 8 pay for a two-bedroom in Berea, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,270, that basic range is $1,143 to $1,397 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Berea, OH in?
Berea, OH is in the Cleveland, OH HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Berea, OH for FY 2027?
The two-bedroom FMR fell 0.8%, from $1,280 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 28.3%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set