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Rayland, OH

CitySAFMR
Jefferson County
Found 1 ZIP

City Median Investment Score

124Above average

095130300
BRFMR
Eff. Rent
0 BR$770$780
1 BR$770$800
2 BR$1,000$840
3 BR$1,290$1,150
4 BR$1,510$1,180
5 BR$1,736Not available
6 BR$1,997Not available
7 BR$2,297Not available
8 BR$2,641Not available

Purchase Price Calculator

Maximum purchase price
$62,907

Cost breakdown

+Likely effective rent$840
HUD FMR$1,000
Market rentUsed$840
Est. payment standard (90%)$900
-Principal and interest-$318
Loan amount$50,326
Down payment$12,581
Rate6.50%
Term30 years
-Operating costs-$322
Property taxes-$63
Insurance-$175
Utilities$0
HOA$0
Management-$84
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$13,840(110.0% ROI)
Projected value
$67,744
Return breakdown
Property appreciation+$4,837
Loan principal paid down+$1,803
Rental cash flow+$7,200
5-year hold
+$23,482(186.6% ROI)
Projected value
$71,174
Return breakdown
Property appreciation+$8,267
Loan principal paid down+$3,215
Rental cash flow+$12,000
10-year hold
+$49,281(391.7% ROI)
Projected value
$80,526
Return breakdown
Property appreciation+$17,619
Loan principal paid down+$7,662
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.99
1 BR
0.95
2 BR
1.19
3 BR
1.12
4 BR
1.28
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Rayland, OH fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rayland, OH is $1,000 a month. That is up 3.1% from $970 in FY 2026. Rayland is in the Weirton-Steubenville, WV-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 $1,007. The median county two-bedroom FMR in Ohio is $1,048, so Rayland is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rayland, OH
BedroomsFY 2027Change90–110% range
Studio$770+2.7%$693–$847
1BR$770+1.3%$693–$847
2BR$1,000+3.1%$900–$1,100
3BR$1,290+0.8%$1,161–$1,419
4BR$1,510+2.0%$1,359–$1,661

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rayland, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$770$770$1,000$1,290$1,510
FY 2026$750$760$970$1,280$1,480
FY 2025$690$700$880$1,190$1,340
FY 2024$660$680$860$1,180$1,280
FY 2023$620$620$790$1,080$1,160

Questions about Rayland, OH rents

How much will Section 8 pay for a two-bedroom in Rayland, OH?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,007, which applies unless the housing authority uses Small Area FMRs, that basic range is $906 to $1,108 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 Rayland, OH in?

Rayland, OH is in the Weirton-Steubenville, WV-OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,007.

How much did fair market rent change in Rayland, OH for FY 2027?

The two-bedroom FMR rose 3.1%, from $970 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 26.6%.

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