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Seville, OH

CitySAFMR
Medina County
Found 1 ZIP

City Median Investment Score

48Below average

095130300
BRFMR
Eff. Rent
0 BR$830$890
1 BR$950$960
2 BR$1,150$1,120
3 BR$1,470$1,400
4 BR$1,590$1,490
5 BR$1,828Not available
6 BR$2,103Not available
7 BR$2,418Not available
8 BR$2,781Not available

Purchase Price Calculator

Maximum purchase price
$104,515

Cost breakdown

+Likely effective rent$1,120
HUD FMR$1,150
Market rentUsed$1,120
Est. payment standard (98%)$1,130
-Principal and interest-$528
Loan amount$83,612
Down payment$20,903
Rate6.50%
Term30 years
-Operating costs-$392
Property taxes-$105
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,232(87.2% ROI)
Projected value
$112,551
Return breakdown
Property appreciation+$8,036
Loan principal paid down+$2,996
Rental cash flow+$7,200
5-year hold
+$31,076(148.7% ROI)
Projected value
$118,249
Return breakdown
Property appreciation+$13,734
Loan principal paid down+$5,342
Rental cash flow+$12,000
10-year hold
+$66,002(315.8% ROI)
Projected value
$133,788
Return breakdown
Property appreciation+$29,273
Loan principal paid down+$12,729
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.98
2 BR
1.03
3 BR
1.05
4 BR
1.07
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Seville, OH fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Seville, OH is $1,150 a month. That is down 1.7% from $1,170 in FY 2026. Seville is in the Cleveland, 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 Seville is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Seville, OH
BedroomsFY 2027Change90–110% range
Studio$830−2.4%$747–$913
1BR$950−2.1%$855–$1,045
2BR$1,150−1.7%$1,035–$1,265
3BR$1,470−2.0%$1,323–$1,617
4BR$1,590−1.2%$1,431–$1,749

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Seville, OH
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$830$950$1,150$1,470$1,590
FY 2026$850$970$1,170$1,500$1,610
FY 2025$820$920$1,120$1,440$1,540
FY 2024$750$840$1,020$1,320$1,410
FY 2023$670$760$930$1,210$1,280

Questions about Seville, OH rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,150, that basic range is $1,035 to $1,265 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 Seville, OH in?

Seville, OH is in the Cleveland, 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 Seville, OH for FY 2027?

The two-bedroom FMR fell 1.7%, from $1,170 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 23.7%.

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