FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 45680
0.92ratio
FMR$860
Market$930
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 45680
0.92ratio
FMR$1,000
Market$1,090
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 45680
1.12ratio
FMR$1,280
Market$1,140
vs market+$140
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 45680
1.28ratio
FMR$1,390
Market$1,090
vs market+$300
FMR is above market; underwrite to market rent.
1.28
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
--
South Point, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Point, OH is $1,000 a month. That is up 3.1% from $970 in FY 2026. South Point is in the Huntington-Ashland, WV-KY-OH HUD Metro 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 metro-wide two-bedroom FMR of $1,006. The median county two-bedroom FMR in Ohio is $1,048, so South Point is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Point, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$850
$860
+1.2%
$774–$946
1BR
$850
$860
+1.2%
$774–$946
2BR
$970
$1,000
+3.1%
$900–$1,100
3BR
$1,250
$1,280
+2.4%
$1,152–$1,408
4BR
$1,410
$1,390
−1.4%
$1,251–$1,529
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Point, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$860
$860
$1,000
$1,280
$1,390
FY 2026
$850
$850
$970
$1,250
$1,410
FY 2025
$820
$820
$940
$1,220
$1,410
FY 2024
$780
$800
$920
$1,210
$1,400
FY 2023
$640
$700
$820
$1,090
$1,230
Questions about South Point, OH rents
How much will Section 8 pay for a two-bedroom in South Point, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $905 to $1,107 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 South Point, OH in?
South Point, OH is in the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,006.
How much did fair market rent change in South Point, 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 22.0%.
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