FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR- 45354
0.83ratio
FMR$1,040
Market$1,250
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 45354
0.96ratio
FMR$1,320
Market$1,380
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 45354
1.01ratio
FMR$1,710
Market$1,700
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 45354
1.03ratio
FMR$1,880
Market$1,820
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.03
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
--
Phillipsburg, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Phillipsburg, OH is $1,320 a month. That is down 9.6% from $1,460 in FY 2026. Phillipsburg 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. The median county two-bedroom FMR in Ohio is $1,048, so Phillipsburg is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Phillipsburg, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$960
−9.4%
$864–$1,056
1BR
$1,150
$1,040
−9.6%
$936–$1,144
2BR
$1,460
$1,320
−9.6%
$1,188–$1,452
3BR
$1,890
$1,710
−9.5%
$1,539–$1,881
4BR
$2,080
$1,880
−9.6%
$1,692–$2,068
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Phillipsburg, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$1,040
$1,320
$1,710
$1,880
FY 2026
$1,060
$1,150
$1,460
$1,890
$2,080
FY 2025
$1,170
$1,270
$1,620
$2,090
$2,310
FY 2024
$990
$1,060
$1,360
$1,770
$1,940
FY 2023
$800
$890
$1,140
$1,500
$1,630
Questions about Phillipsburg, OH rents
How much will Section 8 pay for a two-bedroom in Phillipsburg, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,320, that basic range is $1,188 to $1,452 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 Phillipsburg, OH in?
Phillipsburg, 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 Phillipsburg, OH for FY 2027?
The two-bedroom FMR fell 9.6%, from $1,460 in FY 2026 to $1,320 in FY 2027. Since FY 2023 it has risen 15.8%.
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