Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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West Elkton, OH fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in West Elkton, OH is $1,500 a month. That is up 8.7% from $1,380 in FY 2026. West Elkton is in the Cincinnati, OH-KY-IN 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 West Elkton is 43% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for West Elkton, OH
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,040
$1,130
+8.7%
$1,017–$1,243
1BR
$1,050
$1,150
+9.5%
$1,035–$1,265
2BR
$1,380
$1,500
+8.7%
$1,350–$1,650
3BR
$1,840
$1,990
+8.2%
$1,791–$2,189
4BR
$2,020
$2,110
+4.5%
$1,899–$2,321
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for West Elkton, OH
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,150
$1,500
$1,990
$2,110
FY 2026
$1,040
$1,050
$1,380
$1,840
$2,020
FY 2025
$890
$890
$1,170
$1,560
$1,780
FY 2024area FMR
$810
$919
$1,195
$1,588
$1,766
FY 2023area FMR
$731
$839
$1,093
$1,464
$1,645
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about West Elkton, OH rents
How much will Section 8 pay for a two-bedroom in West Elkton, OH?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,500, that basic range is $1,350 to $1,650 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 West Elkton, OH in?
West Elkton, OH is in the Cincinnati, OH-KY-IN 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 West Elkton, OH for FY 2027?
The two-bedroom FMR rose 8.7%, from $1,380 in FY 2026 to $1,500 in FY 2027. Since FY 2025 it has risen 28.2%.
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