Skip to main content
Loading page
Ottawa County/Lakeside Marblehead/43440

43440

ZIPSAFMR
Ottawa County, OH
Zillow

ZIP Investment Score

34Below average

095130300
BRFMR
Eff. Rent
0 BR$880$880
1 BR$930$930
2 BR$1,220$1,220
3 BR$1,450$1,450
4 BR$1,940$1,940
5 BR$2,231Not available
6 BR$2,566Not available
7 BR$2,950Not available
8 BR$3,393Not available

Purchase Price Calculator

Maximum purchase price
$119,375

Cost breakdown

+Likely effective rent$1,220
HUD FMRUsed$1,220
Market rentN/A
Est. payment standardN/A
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

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
--

ZIP 43440 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43440 (Lakeside Marblehead, OH) is $1,220 a month. That is up 3.4% from $1,180 in FY 2026. Lakeside Marblehead is in the Ottawa County, OH HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,209. Among 20 ZIP codes in Ottawa County, 43440 is tied for the 3rd-highest two-bedroom rent (county range $1,000–$1,280). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43440 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 43440
BedroomsFY 2027Change90–110% range
Studio$880+2.3%$792–$968
1BR$930+3.3%$837–$1,023
2BR$1,220+3.4%$1,098–$1,342
3BR$1,450+2.8%$1,305–$1,595
4BR$1,940+7.2%$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 43440
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$930$1,220$1,450$1,940
FY 2026$860$900$1,180$1,410$1,810
FY 2025$740$820$1,080$1,300$1,560
FY 2024$730$810$1,070$1,290$1,480
FY 2023$720$810$1,070$1,300$1,470

Two-bedroom rent in nearby Ottawa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 43440
43430$1,140−6.6%
43432$1,120−8.2%
43433$1,210−0.8%
43436$1,210−0.8%
43439$1,210−0.8%
43440Current$1,220—
43442$1,000−18.0%
43445$1,200−1.6%
43446$1,210−0.8%
43447$1,280+4.9%
43449$1,130−7.4%
43452$1,230+0.8%

Questions about ZIP 43440 rents

How much will Section 8 pay for a two-bedroom in ZIP 43440?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,209, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,088 to $1,330 a month; under the ZIP-level Small Area FMR of $1,220 it would be $1,098 to $1,342. 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 43440 in?

ZIP 43440 is in the Ottawa County, OH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,209.

How much did fair market rent change in ZIP 43440 for FY 2027?

The two-bedroom FMR rose 3.4%, from $1,180 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 14.0%.

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