FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR- 44846
1.10ratio
FMR$1,080
Market$980
vs market+$100
FMR is above market; underwrite to market rent.
1.10
2 BR
2 BR- 44846
1.16ratio
FMR$1,350
Market$1,160
vs market+$190
FMR is above market; underwrite to market rent.
1.16
3 BR
3 BR- 44846
1.27ratio
FMR$1,700
Market$1,340
vs market+$360
FMR is above market; underwrite to market rent.
1.27
4 BR
4 BR- 44846
1.35ratio
FMR$1,900
Market$1,410
vs market+$490
FMR is above market; underwrite to market rent.
1.35
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
--
Milan, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Milan, OH is $1,350 a month. That is up 8.9% from $1,240 in FY 2026. Milan is in the Huron County, OH non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,003. The median county two-bedroom FMR in Ohio is $1,048, so Milan is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Milan, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$960
$1,030
+7.3%
$927–$1,133
1BR
$990
$1,080
+9.1%
$972–$1,188
2BR
$1,240
$1,350
+8.9%
$1,215–$1,485
3BR
$1,550
$1,700
+9.7%
$1,530–$1,870
4BR
$1,770
$1,900
+7.3%
$1,710–$2,090
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Milan, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,080
$1,350
$1,700
$1,900
FY 2026
$960
$990
$1,240
$1,550
$1,770
FY 2025
$840
$850
$1,070
$1,300
$1,600
FY 2024area FMR
$650
$665
$874
$1,115
$1,284
FY 2023area FMR
$599
$615
$810
$1,050
$1,143
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Milan, OH rents
How much will Section 8 pay for a two-bedroom in Milan, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,003, which applies unless the housing authority uses Small Area FMRs, that basic range is $903 to $1,103 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 Milan, OH in?
Milan, OH is in the Huron County, OH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,003.
How much did fair market rent change in Milan, OH for FY 2027?
The two-bedroom FMR rose 8.9%, from $1,240 in FY 2026 to $1,350 in FY 2027. Since FY 2025 it has risen 26.2%.
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