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OH/Licking County/Millersport

Millersport, OH

CitySAFMR
Licking County
Found 1 ZIP

City Median Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,060$1,170
1 BR$1,130$1,240
2 BR$1,350$1,490
3 BR$1,610$1,770
4 BR$1,830$2,010
5 BR$2,105Not available
6 BR$2,420Not available
7 BR$2,783Not available
8 BR$3,201Not available

Purchase Price Calculator

Maximum purchase price
$159,497

Cost breakdown

+Likely effective rent$1,490
HUD FMR$1,350
Market rent$1,800
Est. payment standard (110%)Used$1,490
-Principal and interest-$807
Loan amount$127,598
Down payment$31,899
Rate6.50%
Term30 years
-Operating costs-$483
Property taxes-$159
Insurance-$175
Utilities$0
HOA$0
Management-$149
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,035(75.3% ROI)
Projected value
$171,761
Return breakdown
Property appreciation+$12,264
Loan principal paid down+$4,572
Rental cash flow+$7,200
5-year hold
+$41,111(128.9% ROI)
Projected value
$180,456
Return breakdown
Property appreciation+$20,959
Loan principal paid down+$8,152
Rental cash flow+$12,000
10-year hold
+$88,098(276.2% ROI)
Projected value
$204,170
Return breakdown
Property appreciation+$44,673
Loan principal paid down+$19,425
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.66
1 BR
0.69
2 BR
0.75
3 BR
0.85
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Millersport, OH fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Millersport, OH is $1,350 a month. That is up 7.1% from $1,260 in FY 2026. Millersport is in the Columbus, OH 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 Millersport is 29% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Millersport, OH
BedroomsFY 2027Change90–110% range
Studio$1,060+8.2%$954–$1,166
1BR$1,130+7.6%$1,017–$1,243
2BR$1,350+7.1%$1,215–$1,485
3BR$1,610+6.6%$1,449–$1,771
4BR$1,830+7.6%$1,647–$2,013

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Millersport, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,060$1,130$1,350$1,610$1,830
FY 2026$980$1,050$1,260$1,510$1,700
FY 2025$1,060$1,150$1,390$1,670$1,870
FY 2024$960$1,060$1,290$1,560$1,730
FY 2023$830$920$1,140$1,400$1,550

Questions about Millersport, OH rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,350, that basic range is $1,215 to $1,485 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 Millersport, OH in?

Millersport, OH is in the Columbus, OH 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 Millersport, OH for FY 2027?

The two-bedroom FMR rose 7.1%, from $1,260 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 18.4%.

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