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OH/Fairfield County/Reynoldsburg

Reynoldsburg, OH

CitySAFMR
Fairfield County
Found 2 ZIPs

City Median Investment Score

81Below average

095130300
BRFMR
Eff. Rent
0 BR$1,320$880
1 BR$1,410$950
2 BR$1,680$1,640
3 BR$2,000$1,910
4 BR$2,280$2,380
5 BR$2,622Not available
6 BR$3,015Not available
7 BR$3,468Not available
8 BR$3,988Not available

Purchase Price Calculator

Maximum purchase price
$181,787

Cost breakdown

+Likely effective rent$1,640
HUD FMR$1,680
Market rentUsed$1,640
Est. payment standard (98%)$1,650
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.50
1 BR
1.48
2 BR
1.02
3 BR
1.05
4 BR
0.94
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Reynoldsburg, OH fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Reynoldsburg, OH is $1,680 a month. That is up 14.3% from $1,470 in FY 2026. Reynoldsburg is in the Columbus, OH HUD Metro FMR Area, 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 Reynoldsburg is 60% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Reynoldsburg, OH
BedroomsFY 2027Change90–110% range
Studio$1,320+15.8%$1,188–$1,452
1BR$1,410+14.6%$1,269–$1,551
2BR$1,680+14.3%$1,512–$1,848
3BR$2,000+13.6%$1,800–$2,200
4BR$2,280+15.2%$2,052–$2,508

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Reynoldsburg, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,320$1,410$1,680$2,000$2,280
FY 2026$1,140$1,230$1,470$1,760$1,980
FY 2025$1,110$1,200$1,450$1,750$1,950
FY 2024$970$1,060$1,300$1,570$1,740
FY 2023$840$940$1,160$1,420$1,570

Questions about Reynoldsburg, OH rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,680, that basic range is $1,512 to $1,848 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 Reynoldsburg, OH in?

Reynoldsburg, OH is in the Columbus, OH HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 14.3%, from $1,470 in FY 2026 to $1,680 in FY 2027. Since FY 2023 it has risen 44.8%.

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