FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 43619
0.88ratio
FMR$810
Market$920
vs market-$110
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 43619
0.64ratio
FMR$1,060
Market$1,650
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR- 43619
1.13ratio
FMR$1,350
Market$1,190
vs market+$160
FMR is above market; underwrite to market rent.
1.13
4 BR
4 BR- 43619
1.14ratio
FMR$1,440
Market$1,260
vs market+$180
FMR is above market; underwrite to market rent.
1.14
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
--
Northwood, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Northwood, OH is $1,060 a month. That is up 5.0% from $1,010 in FY 2026. Northwood is in the Toledo, 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 $1,145. The median county two-bedroom FMR in Ohio is $1,048, so Northwood is 1% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Northwood, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$720
$760
+5.6%
$684–$836
1BR
$770
$810
+5.2%
$729–$891
2BR
$1,010
$1,060
+5.0%
$954–$1,166
3BR
$1,300
$1,350
+3.8%
$1,215–$1,485
4BR
$1,360
$1,440
+5.9%
$1,296–$1,584
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Northwood, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$760
$810
$1,060
$1,350
$1,440
FY 2026
$720
$770
$1,010
$1,300
$1,360
FY 2025
$710
$770
$1,010
$1,310
$1,380
FY 2024
$680
$740
$970
$1,290
$1,360
FY 2023
$650
$710
$920
$1,240
$1,330
Questions about Northwood, OH rents
How much will Section 8 pay for a two-bedroom in Northwood, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,145, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,031 to $1,260 a month; under the ZIP-level Small Area FMR of $1,060 it would be $954 to $1,166. 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 Northwood, OH in?
Northwood, OH is in the Toledo, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,145.
How much did fair market rent change in Northwood, OH for FY 2027?
The two-bedroom FMR rose 5.0%, from $1,010 in FY 2026 to $1,060 in FY 2027. Since FY 2023 it has risen 15.2%.
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