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Licking County/Alexandria/43001

43001

ZIPSAFMR
Licking County, OH
Zillow

ZIP Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,190$1,190
1 BR$1,270$1,270
2 BR$1,510$1,510
3 BR$1,800$1,800
4 BR$2,050$2,050
5 BR$2,358Not available
6 BR$2,711Not available
7 BR$3,118Not available
8 BR$3,585Not available

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMRUsed$1,510
Market rentN/A
Est. payment standardN/A
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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ZIP 43001 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43001 (Alexandria, OH) is $1,510 a month. That is up 16.2% from $1,300 in FY 2026. Alexandria is in the Columbus, OH HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 34 ZIP codes in Licking County, 43001 has the 9th-highest two-bedroom rent (county range $1,020–$2,300). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43001 is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 43001
BedroomsFY 2027Change90–110% range
Studio$1,190+17.8%$1,071–$1,309
1BR$1,270+16.5%$1,143–$1,397
2BR$1,510+16.2%$1,359–$1,661
3BR$1,800+15.4%$1,620–$1,980
4BR$2,050+17.1%$1,845–$2,255

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 43001
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,190$1,270$1,510$1,800$2,050
FY 2026$1,010$1,090$1,300$1,560$1,750
FY 2025$1,020$1,110$1,340$1,610$1,800
FY 2024$930$1,020$1,250$1,510$1,680
FY 2023$910$1,020$1,260$1,550$1,710

Two-bedroom rent in nearby Licking County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 43001
43001Current$1,510—
43004$1,850+22.5%
43008$1,240−17.9%
43011$1,040−31.1%
43013$1,450−4.0%
43018$1,770+17.2%
43023$1,400−7.3%
43025$1,130−25.2%
43027$1,350−10.6%
43030$1,280−15.2%
43031$1,460−3.3%
43033$1,600+6.0%

Questions about ZIP 43001 rents

How much will Section 8 pay for a two-bedroom in ZIP 43001?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,510, that basic range is $1,359 to $1,661 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 ZIP 43001 in?

ZIP 43001 is in the Columbus, OH 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 ZIP 43001 for FY 2027?

The two-bedroom FMR rose 16.2%, from $1,300 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 19.8%.

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

County fair market rentAlexandria, OH fair market rentOH statewide rentsWhat is SAFMR?Data sources