OH/Licking County/SUMMIT STATION
SUMMIT STATION, OH
CitySAFMR
Licking County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$940$1,030
1 BR$1,010$1,110
2 BR$1,210$1,330
3 BR$1,450$1,600
4 BR$1,630$1,790
5 BR$1,874
6 BR$2,156
7 BR$2,479
8 BR$2,851

Purchase Price Calculator

Maximum purchase price
$135,721

Cost breakdown

+Likely effective rent$1,330
HUD FMR$1,210
Market rent$1,870
Est. payment standard (110%)Used$1,330
Estimated payment standard is $1,330 (110% of FMR).
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Current value$135,721
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Current value$135,721
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Current value$135,721
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 43073
0.64ratio
FMR$940
Market$1,470
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$846 / 0.58 ratio110% standard$1,034 / 0.70 ratio
0.64
1 BR
1 BR- 43073
0.74ratio
FMR$1,010
Market$1,370
vs market-$360

FMR is below market; voucher rent may lag private rents.

90% standard$909 / 0.66 ratio110% standard$1,111 / 0.81 ratio
0.74
2 BR
2 BR- 43073
0.65ratio
FMR$1,210
Market$1,870
vs market-$660

FMR is below market; voucher rent may lag private rents.

90% standard$1,089 / 0.58 ratio110% standard$1,331 / 0.71 ratio
0.65
3 BR
3 BR- 43073
0.69ratio
FMR$1,450
Market$2,110
vs market-$660

FMR is below market; voucher rent may lag private rents.

90% standard$1,305 / 0.62 ratio110% standard$1,595 / 0.76 ratio
0.69
4 BR
4 BR- 43073
0.65ratio
FMR$1,630
Market$2,520
vs market-$890

FMR is below market; voucher rent may lag private rents.

90% standard$1,467 / 0.58 ratio110% standard$1,793 / 0.71 ratio
0.65
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SUMMIT STATION, OH (OH) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SUMMIT STATION, OH fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SUMMIT STATION, OH shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,210 and the 4 bedroom fair market rent is $1,630.

Use this page for searches like SUMMIT STATION, OH FMR, SUMMIT STATION, OH fair market rent, and SUMMIT STATION, OH Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SUMMIT STATION, OH
Bedroom sizeHUD FMR
Studio$940
1 bedroom$1,010
2 bedroom$1,210
3 bedroom$1,450
4 bedroom$1,630