FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 44250
0.98ratio
FMR$960
Market$980
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 44250
1.07ratio
FMR$1,240
Market$1,160
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR- 44250
0.92ratio
FMR$1,480
Market$1,610
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.92
4 BR
4 BR- 44250
0.91ratio
FMR$1,630
Market$1,800
vs market-$170
FMR is near market; voucher and private rents are aligned.
0.91
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
--
Lakemore, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lakemore, OH is $1,240 a month. That is up 3.3% from $1,200 in FY 2026. Lakemore is in the Akron, 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 Lakemore is 18% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lakemore, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$890
+3.5%
$801–$979
1BR
$930
$960
+3.2%
$864–$1,056
2BR
$1,200
$1,240
+3.3%
$1,116–$1,364
3BR
$1,460
$1,480
+1.4%
$1,332–$1,628
4BR
$1,590
$1,630
+2.5%
$1,467–$1,793
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lakemore, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$890
$960
$1,240
$1,480
$1,630
FY 2026
$860
$930
$1,200
$1,460
$1,590
FY 2025
$710
$790
$1,010
$1,250
$1,340
FY 2024
$730
$820
$1,040
$1,300
$1,390
FY 2023
$790
$900
$1,140
$1,440
$1,530
Questions about Lakemore, OH rents
How much will Section 8 pay for a two-bedroom in Lakemore, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 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 Lakemore, OH in?
Lakemore, OH is in the Akron, 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 Lakemore, OH for FY 2027?
The two-bedroom FMR rose 3.3%, from $1,200 in FY 2026 to $1,240 in FY 2027. Since FY 2023 it has risen 8.8%.
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