FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 44452
1.05ratio
FMR$800
Market$760
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.05
2 BR
2 BR- 44452
0.68ratio
FMR$1,000
Market$1,460
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 44452
0.81ratio
FMR$1,300
Market$1,610
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.81
4 BR
4 BR- 44452
0.78ratio
FMR$1,370
Market$1,750
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.78
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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North Lima, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in North Lima, OH is $1,000 a month. That is down 2.9% from $1,030 in FY 2026. North Lima is in the Youngstown-Warren, OH MSA. 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 metro-wide two-bedroom FMR of $1,003. The median county two-bedroom FMR in Ohio is $1,048, so North Lima is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for North Lima, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$760
−1.3%
$684–$836
1BR
$820
$800
−2.4%
$720–$880
2BR
$1,030
$1,000
−2.9%
$900–$1,100
3BR
$1,330
$1,300
−2.3%
$1,170–$1,430
4BR
$1,410
$1,370
−2.8%
$1,233–$1,507
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for North Lima, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$760
$800
$1,000
$1,300
$1,370
FY 2026
$770
$820
$1,030
$1,330
$1,410
FY 2025
$680
$740
$930
$1,210
$1,280
FY 2024
$700
$750
$950
$1,250
$1,320
FY 2023
$610
$680
$850
$1,120
$1,190
Questions about North Lima, OH rents
How much will Section 8 pay for a two-bedroom in North Lima, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-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 $1,000 it would be $900 to $1,100. 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 North Lima, OH in?
North Lima, OH is in the Youngstown-Warren, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,003.
How much did fair market rent change in North Lima, OH for FY 2027?
The two-bedroom FMR fell 2.9%, from $1,030 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 17.6%.
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