FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 44677
1.01ratio
FMR$860
Market$850
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 44677
1.09ratio
FMR$1,100
Market$1,010
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.09
3 BR
3 BR- 44677
1.07ratio
FMR$1,330
Market$1,240
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR- 44677
1.39ratio
FMR$1,560
Market$1,120
vs market+$440
FMR is above market; underwrite to market rent.
1.39
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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Smithville, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Smithville, OH is $1,100 a month. That is down 0.9% from $1,110 in FY 2026. Smithville is in the Wayne 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 $1,082. The median county two-bedroom FMR in Ohio is $1,048, so Smithville is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Smithville, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$770
0.0%
$693–$847
1BR
$870
$860
−1.1%
$774–$946
2BR
$1,110
$1,100
−0.9%
$990–$1,210
3BR
$1,350
$1,330
−1.5%
$1,197–$1,463
4BR
$1,590
$1,560
−1.9%
$1,404–$1,716
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Smithville, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$770
$860
$1,100
$1,330
$1,560
FY 2026
$770
$870
$1,110
$1,350
$1,590
FY 2025
$700
$790
$1,020
$1,250
$1,430
FY 2024area FMR
$634
$703
$911
$1,149
$1,292
FY 2023area FMR
$611
$654
$861
$1,103
$1,205
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Smithville, OH rents
How much will Section 8 pay for a two-bedroom in Smithville, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,082, which applies unless the housing authority uses Small Area FMRs, that basic range is $974 to $1,190 a month; under the ZIP-level Small Area FMR of $1,100 it would be $990 to $1,210. 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 Smithville, OH in?
Smithville, OH is in the Wayne County, OH non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,082.
How much did fair market rent change in Smithville, OH for FY 2027?
The two-bedroom FMR fell 0.9%, from $1,110 in FY 2026 to $1,100 in FY 2027. Since FY 2025 it has risen 7.8%.
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