FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 45150
0.94ratio
FMR$1,090
Market$1,160
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.94
2 BR
2 BR- 45150
0.76ratio
FMR$1,390
Market$1,830
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 45150
0.77ratio
FMR$1,830
Market$2,390
vs market-$560
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 45150
0.66ratio
FMR$2,060
Market$3,100
vs market-$1,040
FMR is below market; voucher rent may lag private rents.
0.66
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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Milford, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Milford, OH is $1,390 a month. That is up 6.1% from $1,310 in FY 2026. Milford is in the Cincinnati, OH-KY-IN 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 Milford is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Milford, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$930
$1,010
+8.6%
$909–$1,111
1BR
$1,020
$1,090
+6.9%
$981–$1,199
2BR
$1,310
$1,390
+6.1%
$1,251–$1,529
3BR
$1,730
$1,830
+5.8%
$1,647–$2,013
4BR
$1,910
$2,060
+7.9%
$1,854–$2,266
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Milford, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,090
$1,390
$1,830
$2,060
FY 2026
$930
$1,020
$1,310
$1,730
$1,910
FY 2025
$860
$970
$1,260
$1,670
$1,850
FY 2024
$790
$890
$1,160
$1,540
$1,710
FY 2023
$710
$810
$1,060
$1,420
$1,600
Questions about Milford, OH rents
How much will Section 8 pay for a two-bedroom in Milford, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,390, that basic range is $1,251 to $1,529 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 Milford, OH in?
Milford, OH is in the Cincinnati, OH-KY-IN 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 Milford, OH for FY 2027?
The two-bedroom FMR rose 6.1%, from $1,310 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 31.1%.
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