FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 43050
0.95ratio
FMR$920
Market$970
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 43050
1.15ratio
FMR$1,130
Market$980
vs market+$150
FMR is above market; underwrite to market rent.
1.15
3 BR
3 BR- 43050
1.23ratio
FMR$1,440
Market$1,170
vs market+$270
FMR is above market; underwrite to market rent.
1.23
4 BR
4 BR- 43050
1.30ratio
FMR$1,490
Market$1,150
vs market+$340
FMR is above market; underwrite to market rent.
1.30
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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Mount Vernon, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mount Vernon, OH is $1,130 a month. That is up 5.6% from $1,070 in FY 2026. Mount Vernon 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 Mount Vernon is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mount Vernon, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$810
0.0%
$729–$891
1BR
$870
$920
+5.7%
$828–$1,012
2BR
$1,070
$1,130
+5.6%
$1,017–$1,243
3BR
$1,380
$1,440
+4.3%
$1,296–$1,584
4BR
$1,430
$1,490
+4.2%
$1,341–$1,639
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mount Vernon, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$810
$920
$1,130
$1,440
$1,490
FY 2026
$810
$870
$1,070
$1,380
$1,430
FY 2025
$880
$960
$1,180
$1,420
$1,580
FY 2024
$800
$880
$1,080
$1,310
$1,450
FY 2023
$660
$750
$930
$1,160
$1,290
Questions about Mount Vernon, OH rents
How much will Section 8 pay for a two-bedroom in Mount Vernon, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,130, that basic range is $1,017 to $1,243 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 Mount Vernon, OH in?
Mount Vernon, 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 Mount Vernon, OH for FY 2027?
The two-bedroom FMR rose 5.6%, from $1,070 in FY 2026 to $1,130 in FY 2027. Since FY 2023 it has risen 21.5%.
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