FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 45356
0.99ratio
FMR$940
Market$950
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 45356
1.03ratio
FMR$1,160
Market$1,130
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 45356
1.06ratio
FMR$1,510
Market$1,430
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 45356
1.06ratio
FMR$1,650
Market$1,560
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.06
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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Piqua, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Piqua, OH is $1,160 a month. That is down 4.9% from $1,220 in FY 2026. Piqua is in the Shelby County, OH non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,076. The median county two-bedroom FMR in Ohio is $1,048, so Piqua is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Piqua, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$890
$840
−5.6%
$756–$924
1BR
$970
$940
−3.1%
$846–$1,034
2BR
$1,220
$1,160
−4.9%
$1,044–$1,276
3BR
$1,580
$1,510
−4.4%
$1,359–$1,661
4BR
$1,740
$1,650
−5.2%
$1,485–$1,815
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Piqua, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$940
$1,160
$1,510
$1,650
FY 2026
$890
$970
$1,220
$1,580
$1,740
FY 2025
$760
$820
$1,050
$1,360
$1,500
FY 2024
$720
$770
$990
$1,290
$1,410
FY 2023
$650
$720
$920
$1,210
$1,310
Questions about Piqua, OH rents
How much will Section 8 pay for a two-bedroom in Piqua, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,076, which applies unless the housing authority uses Small Area FMRs, that basic range is $968 to $1,184 a month; under the ZIP-level Small Area FMR of $1,160 it would be $1,044 to $1,276. 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 Piqua, OH in?
Piqua, OH is in the Shelby County, OH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,076.
How much did fair market rent change in Piqua, OH for FY 2027?
The two-bedroom FMR fell 4.9%, from $1,220 in FY 2026 to $1,160 in FY 2027. Since FY 2023 it has risen 26.1%.
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