FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 45327
0.97ratio
FMR$930
Market$960
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR- 45327
1.03ratio
FMR$1,150
Market$1,120
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 45327
1.16ratio
FMR$1,500
Market$1,290
vs market+$210
FMR is above market; underwrite to market rent.
1.16
4 BR
4 BR- 45327
1.16ratio
FMR$1,640
Market$1,410
vs market+$230
FMR is above market; underwrite to market rent.
1.16
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
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Germantown, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Germantown, OH is $1,150 a month. That is down 2.5% from $1,180 in FY 2026. Germantown is in the Dayton-Kettering-Beavercreek, OH MSA, 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 Germantown is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Germantown, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$840
−2.3%
$756–$924
1BR
$930
$930
0.0%
$837–$1,023
2BR
$1,180
$1,150
−2.5%
$1,035–$1,265
3BR
$1,530
$1,500
−2.0%
$1,350–$1,650
4BR
$1,680
$1,640
−2.4%
$1,476–$1,804
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Germantown, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$930
$1,150
$1,500
$1,640
FY 2026
$860
$930
$1,180
$1,530
$1,680
FY 2025
$740
$830
$1,080
$1,430
$1,590
FY 2024
$760
$810
$1,040
$1,360
$1,490
FY 2023
$720
$800
$1,020
$1,340
$1,460
Questions about Germantown, OH rents
How much will Section 8 pay for a two-bedroom in Germantown, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,150, that basic range is $1,035 to $1,265 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 Germantown, OH in?
Germantown, OH is in the Dayton-Kettering-Beavercreek, OH MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Germantown, OH for FY 2027?
The two-bedroom FMR fell 2.5%, from $1,180 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 12.7%.
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