FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 43566
0.79ratio
FMR$1,210
Market$1,540
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 43566
0.89ratio
FMR$1,580
Market$1,770
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 43566
1.00ratio
FMR$2,020
Market$2,020
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 43566
0.98ratio
FMR$2,150
Market$2,190
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Waterville, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Waterville, OH is $1,580 a month. That is up 4.6% from $1,510 in FY 2026. Waterville is in the Toledo, 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 $1,145. The median county two-bedroom FMR in Ohio is $1,048, so Waterville is 51% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Waterville, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,130
+4.6%
$1,017–$1,243
1BR
$1,150
$1,210
+5.2%
$1,089–$1,331
2BR
$1,510
$1,580
+4.6%
$1,422–$1,738
3BR
$1,940
$2,020
+4.1%
$1,818–$2,222
4BR
$2,040
$2,150
+5.4%
$1,935–$2,365
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Waterville, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,210
$1,580
$2,020
$2,150
FY 2026
$1,080
$1,150
$1,510
$1,940
$2,040
FY 2025
$1,030
$1,110
$1,460
$1,900
$1,990
FY 2024
$960
$1,050
$1,370
$1,820
$1,910
FY 2023
$880
$960
$1,250
$1,680
$1,810
Questions about Waterville, OH rents
How much will Section 8 pay for a two-bedroom in Waterville, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,145, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,031 to $1,260 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 Waterville, OH in?
Waterville, OH is in the Toledo, OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,145.
How much did fair market rent change in Waterville, OH for FY 2027?
The two-bedroom FMR rose 4.6%, from $1,510 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has risen 26.4%.
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