FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR
0.85ratio
FMR$940
Market$1,110
vs market-$170
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR
0.86ratio
FMR$1,160
Market$1,350
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR
1.08ratio
FMR$1,490
Market$1,380
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR
1.13ratio
FMR$1,650
Market$1,460
vs market+$190
FMR is above market; underwrite to market rent.
1.13
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 43928 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 43928 (Glencoe, OH) is $1,160 a month. That is up 3.6% from $1,120 in FY 2026. Glencoe is in the Wheeling, WV-OH MSA. 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 $1,009. Among 34 ZIP codes in Belmont County, 43928 has the 6th-highest two-bedroom rent (county range $1,000–$1,330). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 43928 is 11% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 43928
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$800
+3.9%
$720–$880
1BR
$920
$940
+2.2%
$846–$1,034
2BR
$1,120
$1,160
+3.6%
$1,044–$1,276
3BR
$1,450
$1,490
+2.8%
$1,341–$1,639
4BR
$1,590
$1,650
+3.8%
$1,485–$1,815
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 43928
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$800
$940
$1,160
$1,490
$1,650
FY 2026
$770
$920
$1,120
$1,450
$1,590
FY 2025
$740
$890
$1,080
$1,380
$1,560
FY 2024
$690
$820
$1,020
$1,330
$1,520
FY 2023
$640
$730
$930
$1,210
$1,380
Two-bedroom rent in nearby Belmont County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 43928?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,009, which applies unless the housing authority uses Small Area FMRs, that basic range is $908 to $1,110 a month; under the ZIP-level Small Area FMR of $1,160 it would be $1,044 to $1,276. 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 43928 in?
ZIP 43928 is in the Wheeling, WV-OH MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,009.
How much did fair market rent change in ZIP 43928 for FY 2027?
The two-bedroom FMR rose 3.6%, from $1,120 in FY 2026 to $1,160 in FY 2027. Since FY 2023 it has risen 24.7%.
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