FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR
1.00ratio
FMR$1,360
Market$1,360
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR
0.95ratio
FMR$1,620
Market$1,700
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR
0.95ratio
FMR$1,930
Market$2,040
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR
0.88ratio
FMR$2,200
Market$2,500
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.88
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 43195 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43195 (Groveport, OH) is $1,620 a month. That is up 11.7% from $1,450 in FY 2026. Groveport 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 59 ZIP codes in Franklin County, 43195 is tied for the 27th-highest two-bedroom rent (county range $1,000–$2,350). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43195 is 55% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 43195
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,270
+12.4%
$1,143–$1,397
1BR
$1,210
$1,360
+12.4%
$1,224–$1,496
2BR
$1,450
$1,620
+11.7%
$1,458–$1,782
3BR
$1,740
$1,930
+10.9%
$1,737–$2,123
4BR
$1,950
$2,200
+12.8%
$1,980–$2,420
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 43195
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,270
$1,360
$1,620
$1,930
$2,200
FY 2026
$1,130
$1,210
$1,450
$1,740
$1,950
FY 2025
$1,120
$1,210
$1,460
$1,760
$1,960
FY 2024
$980
$1,080
$1,320
$1,600
$1,770
FY 2023
$850
$950
$1,180
$1,450
$1,600
Two-bedroom rent in nearby Franklin County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 43195?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,620, that basic range is $1,458 to $1,782 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 43195 in?
ZIP 43195 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 43195 for FY 2027?
The two-bedroom FMR rose 11.7%, from $1,450 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 37.3%.
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