FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 44460
1.07ratio
FMR$800
Market$750
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 44460
1.22ratio
FMR$1,000
Market$820
vs market+$180
FMR is above market; underwrite to market rent.
1.22
3 BR
3 BR- 44460
1.50ratio
FMR$1,290
Market$860
vs market+$430
FMR is above market; underwrite to market rent.
1.50
4 BR
4 BR- 44460
1.41ratio
FMR$1,330
Market$940
vs market+$390
FMR is above market; underwrite to market rent.
1.41
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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Salem, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Salem, OH is $1,000 a month. That is up 2.0% from $980 in FY 2026. Salem is in the Youngstown-Warren, 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 $1,003. The median county two-bedroom FMR in Ohio is $1,048, so Salem is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Salem, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$710
$780
+9.9%
$702–$858
1BR
$790
$800
+1.3%
$720–$880
2BR
$980
$1,000
+2.0%
$900–$1,100
3BR
$1,240
$1,290
+4.0%
$1,161–$1,419
4BR
$1,310
$1,330
+1.5%
$1,197–$1,463
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Salem, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$800
$1,000
$1,290
$1,330
FY 2026
$710
$790
$980
$1,240
$1,310
FY 2025
$620
$710
$890
$1,120
$1,190
FY 2024
$630
$680
$860
$1,130
$1,200
FY 2023
$570
$630
$790
$1,060
$1,120
Questions about Salem, OH rents
How much will Section 8 pay for a two-bedroom in Salem, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,003, which applies unless the housing authority uses Small Area FMRs, that basic range is $903 to $1,103 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 Salem, OH in?
Salem, OH is in the Youngstown-Warren, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,003.
How much did fair market rent change in Salem, OH for FY 2027?
The two-bedroom FMR rose 2.0%, from $980 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