FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 45345
0.78ratio
FMR$840
Market$1,080
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 45345
0.91ratio
FMR$1,040
Market$1,140
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 45345
0.97ratio
FMR$1,350
Market$1,390
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 45345
0.99ratio
FMR$1,480
Market$1,500
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
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
--
New Lebanon, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Lebanon, OH is $1,040 a month. That is down 2.8% from $1,070 in FY 2026. New Lebanon is in the Dayton-Kettering-Beavercreek, OH MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Lebanon, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$780
$760
−2.6%
$684–$836
1BR
$850
$840
−1.2%
$756–$924
2BR
$1,070
$1,040
−2.8%
$936–$1,144
3BR
$1,390
$1,350
−2.9%
$1,215–$1,485
4BR
$1,530
$1,480
−3.3%
$1,332–$1,628
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Lebanon, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$760
$840
$1,040
$1,350
$1,480
FY 2026
$780
$850
$1,070
$1,390
$1,530
FY 2025
$670
$720
$930
$1,200
$1,320
FY 2024
$640
$690
$880
$1,150
$1,250
FY 2023
$590
$660
$840
$1,100
$1,200
Questions about New Lebanon, OH rents
How much will Section 8 pay for a two-bedroom in New Lebanon, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,040, that basic range is $936 to $1,144 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 New Lebanon, OH in?
New Lebanon, OH is in the Dayton-Kettering-Beavercreek, 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 New Lebanon, OH for FY 2027?
The two-bedroom FMR fell 2.8%, from $1,070 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 23.8%.
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