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Delaware County/Columbus/43235

43235

ZIPSAFMR
Delaware County, OH
Zillow

ZIP Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,160
1 BR$1,600$1,400
2 BR$1,900$1,820
3 BR$2,260$2,300
4 BR$2,580$2,810
5 BR$2,967Not available
6 BR$3,412Not available
7 BR$3,924Not available
8 BR$4,512Not available

Purchase Price Calculator

Maximum purchase price
$208,535

Cost breakdown

+Likely effective rent$1,820
HUD FMR$1,900
Market rentUsed$1,820
Est. payment standard (97%)$1,850
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.14
2 BR
1.04
3 BR
0.97
4 BR
0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 43235 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43235 (Columbus, OH) is $1,900 a month. That is up 12.4% from $1,690 in FY 2026. Columbus 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, 43235 has the 10th-highest two-bedroom rent (county range $1,040–$2,300). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43235 is 81% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 43235
BedroomsFY 2027Change90–110% range
Studio$1,490+13.7%$1,341–$1,639
1BR$1,600+13.5%$1,440–$1,760
2BR$1,900+12.4%$1,710–$2,090
3BR$2,260+11.3%$2,034–$2,486
4BR$2,580+13.2%$2,322–$2,838

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 43235
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,600$1,900$2,260$2,580
FY 2026$1,310$1,410$1,690$2,030$2,280
FY 2025$1,290$1,400$1,690$2,040$2,270
FY 2024$1,150$1,260$1,540$1,860$2,060
FY 2023$1,010$1,120$1,390$1,700$1,890

Two-bedroom rent in nearby Delaware County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 43235
43065$2,180+14.7%
43066$1,340−29.5%
43074$2,040+7.4%
43081$1,940+2.1%
43082$2,080+9.5%
43086$1,750−7.9%
43235Current$1,900—
43240$1,910+0.5%
43334$1,270−33.2%
43342$1,210−36.3%
43344$1,100−42.1%
43356$1,110−41.6%

Questions about ZIP 43235 rents

How much will Section 8 pay for a two-bedroom in ZIP 43235?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,900, that basic range is $1,710 to $2,090 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 43235 in?

ZIP 43235 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 43235 for FY 2027?

The two-bedroom FMR rose 12.4%, from $1,690 in FY 2026 to $1,900 in FY 2027. Since FY 2023 it has risen 36.7%.

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