Delaware County/Powell/43065

43065

ZIPSAFMR

Delaware County, OH

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ZIP Investment Score

62Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,710	$1,560	15.8%
1 BR	$1,830	$1,450	14.8%
2 BR	$2,180	$2,190	13.8%
3 BR	$2,600	$2,650	13.3%
4 BR	$2,960	$2,950	14.3%
5 BR	$3,404	Not available	14.3%
6 BR	$3,915	Not available	14.3%
7 BR	$4,502	Not available	14.3%
8 BR	$5,177	Not available	14.3%

Purchase Price Calculator

Maximum purchase price

$263,517

Cost breakdown

+Likely effective rent$2,190

HUD FMR$2,180

Market rent$2,190

Est. payment standard (100%)Used$2,190

-Principal and interest-$1,332

Loan amount$210,813

Down payment$52,703

Rate6.50%

Term30 years

-Operating costs-$658

Property taxes-$264

Insurance-$175

Utilities$0

HOA$0

Management-$219

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$35,015(66.4% ROI)

Projected value

$283,779

Return breakdown

Property appreciation+$20,262

Loan principal paid down+$7,553

Rental cash flow+$7,200

5-year hold

+$60,097(114.0% ROI)

Projected value

$298,145

Return breakdown

Property appreciation+$34,628

Loan principal paid down+$13,469

Rental cash flow+$12,000

10-year hold

+$129,901(246.5% ROI)

Projected value

$337,324

Return breakdown

Property appreciation+$73,807

Loan principal paid down+$32,094

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.10ratio

FMR$1,710

Market$1,560

vs market+$150

FMR is near market; voucher and private rents are aligned.

1.10

1 BR

1.26ratio

FMR$1,830

Market$1,450

vs market+$380

FMR is above market; underwrite to market rent.

1.26

2 BR

1.00ratio

FMR$2,180

Market$2,190

vs market-$10

FMR is near market; voucher and private rents are aligned.

1.00

3 BR

0.97ratio

FMR$2,600

Market$2,670

vs market-$70

FMR is near market; voucher and private rents are aligned.

0.97

4 BR

1.00ratio

FMR$2,960

Market$2,950

vs market+$10

FMR is near market; voucher and private rents are aligned.

1.00

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: --

ZIP 43065 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43065 (Powell, OH) is $2,180 a month. That is up 19.1% from $1,830 in FY 2026. Powell 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 26 ZIP codes in Delaware County, 43065 is tied for the 2nd-highest two-bedroom rent (county range $1,040–$2,300). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43065 is 108% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 43065
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,420	$1,710	+20.4%	$1,539–$1,881
1BR	$1,530	$1,830	+19.6%	$1,647–$2,013
2BR	$1,830	$2,180	+19.1%	$1,962–$2,398
3BR	$2,190	$2,600	+18.7%	$2,340–$2,860
4BR	$2,470	$2,960	+19.8%	$2,664–$3,256

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 43065
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,710	$1,830	$2,180	$2,600	$2,960
FY 2026	$1,420	$1,530	$1,830	$2,190	$2,470
FY 2025	$1,300	$1,400	$1,700	$2,050	$2,280
FY 2024	$1,100	$1,210	$1,480	$1,790	$1,980
FY 2023	$980	$1,090	$1,350	$1,660	$1,830

Two-bedroom rent in nearby Delaware County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 43065
43032	$1,850	−15.1%
43035	$2,020	−7.3%
43040	$1,590	−27.1%
43054	$2,300	+5.5%
43061	$1,340	−38.5%
43064	$1,880	−13.8%
43065Current	$2,180	—
43066	$1,340	−38.5%
43074	$2,040	−6.4%
43081	$1,940	−11.0%
43082	$2,080	−4.6%
43086	$1,750	−19.7%

Questions about ZIP 43065 rents

How much will Section 8 pay for a two-bedroom in ZIP 43065?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,180, that basic range is $1,962 to $2,398 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 43065 in?

ZIP 43065 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 43065 for FY 2027?

The two-bedroom FMR rose 19.1%, from $1,830 in FY 2026 to $2,180 in FY 2027. Since FY 2023 it has risen 61.5%.

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 rent Powell, OH fair market rent OH statewide rents What is SAFMR?Data sources