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OH/Jefferson County/Bloomingdale

Bloomingdale, OH

CitySAFMR
Jefferson County
Found 1 ZIP

City Median Investment Score

135High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,150$1,150
1 BR$1,160$1,160
2 BR$1,510$930
3 BR$1,950$1,950
4 BR$2,260$1,020
5 BR$2,599Not available
6 BR$2,989Not available
7 BR$3,437Not available
8 BR$3,953Not available

Purchase Price Calculator

Maximum purchase price
$76,281

Cost breakdown

+Likely effective rent$930
HUD FMR$1,510
Market rentUsed$930
Est. payment standard (90%)$1,360
-Principal and interest-$386
Loan amount$61,025
Down payment$15,256
Rate6.50%
Term30 years
-Operating costs-$344
Property taxes-$76
Insurance-$175
Utilities$0
HOA$0
Management-$93
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$15,252(100.0% ROI)
Projected value
$82,146
Return breakdown
Property appreciation+$5,865
Loan principal paid down+$2,186
Rental cash flow+$7,200
5-year hold
+$25,923(169.9% ROI)
Projected value
$86,305
Return breakdown
Property appreciation+$10,024
Loan principal paid down+$3,899
Rental cash flow+$12,000
10-year hold
+$54,656(358.3% ROI)
Projected value
$97,646
Return breakdown
Property appreciation+$21,365
Loan principal paid down+$9,290
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

2 BR
1.62
4 BR
2.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Bloomingdale, OH fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bloomingdale, OH is $1,510 a month. That is up 39.8% from $1,080 in FY 2026. Bloomingdale is in the Weirton-Steubenville, WV-OH MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,007. The median county two-bedroom FMR in Ohio is $1,048, so Bloomingdale is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bloomingdale, OH
BedroomsFY 2027Change90–110% range
Studio$1,150+38.6%$1,035–$1,265
1BR$1,160+38.1%$1,044–$1,276
2BR$1,510+39.8%$1,359–$1,661
3BR$1,950+37.3%$1,755–$2,145
4BR$2,260+42.1%$2,034–$2,486

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bloomingdale, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,150$1,160$1,510$1,950$2,260
FY 2026$830$840$1,080$1,420$1,590
FY 2025$770$770$990$1,310$1,440
FY 2024$710$740$940$1,270$1,380
FY 2023$730$740$940$1,270$1,360

Questions about Bloomingdale, OH rents

How much will Section 8 pay for a two-bedroom in Bloomingdale, OH?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,007, which applies unless the housing authority uses Small Area FMRs, that basic range is $906 to $1,108 a month; under the ZIP-level Small Area FMR of $1,510 it would be $1,359 to $1,661. 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 Bloomingdale, OH in?

Bloomingdale, OH is in the Weirton-Steubenville, WV-OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,007.

How much did fair market rent change in Bloomingdale, OH for FY 2027?

The two-bedroom FMR rose 39.8%, from $1,080 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 60.6%.

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