Clermont County/New Richmond/45157

45157

ZIPSAFMR

Clermont County, OH

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ZIP Investment Score

79Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$860	$860	8.1%
1 BR	$920	$920	5.7%
2 BR	$1,180	$1,180	5.3%
3 BR	$1,550	$1,550	5.0%
4 BR	$1,750	$1,750	5.5%
5 BR	$2,012	Not available	5.5%
6 BR	$2,314	Not available	5.5%
7 BR	$2,662	Not available	5.5%
8 BR	$3,061	Not available	5.5%

Purchase Price Calculator

Maximum purchase price

$113,431

Cost breakdown

+Likely effective rent$1,180

HUD FMRUsed$1,180

Market rentN/A

Est. payment standardN/A

-Principal and interest-$574

Loan amount$90,745

Down payment$22,686

Rate6.50%

Term30 years

-Operating costs-$406

Property taxes-$113

Insurance-$175

Utilities$0

HOA$0

Management-$118

=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

+$19,173(84.5% ROI)

Projected value

$122,153

Return breakdown

Property appreciation+$8,722

Loan principal paid down+$3,251

Rental cash flow+$7,200

5-year hold

+$32,703(144.2% ROI)

Projected value

$128,337

Return breakdown

Property appreciation+$14,906

Loan principal paid down+$5,798

Rental cash flow+$12,000

10-year hold

+$69,585(306.7% ROI)

Projected value

$145,201

Return breakdown

Property appreciation+$31,770

Loan principal paid down+$13,815

Rental cash flow+$24,000

Public Housing Authority

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 45157 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 45157 (New Richmond, OH) is $1,180 a month. That is up 9.3% from $1,080 in FY 2026. New Richmond is in the Cincinnati, OH-KY-IN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 23 ZIP codes in Clermont County, 45157 has the 14th-highest two-bedroom rent (county range $1,010–$1,980). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 45157 is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 45157
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$760	$860	+13.2%	$774–$946
1BR	$840	$920	+9.5%	$828–$1,012
2BR	$1,080	$1,180	+9.3%	$1,062–$1,298
3BR	$1,420	$1,550	+9.2%	$1,395–$1,705
4BR	$1,580	$1,750	+10.8%	$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 45157
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$860	$920	$1,180	$1,550	$1,750
FY 2026	$760	$840	$1,080	$1,420	$1,580
FY 2025	$730	$830	$1,080	$1,430	$1,590
FY 2024	$680	$780	$1,010	$1,340	$1,490
FY 2023	$640	$730	$950	$1,270	$1,430

Two-bedroom rent in nearby Clermont County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 45157
45122	$1,580	+33.9%
45130	$1,060	−10.2%
45140	$1,840	+55.9%
45147	$1,980	+67.8%
45150	$1,390	+17.8%
45153	$1,760	+49.2%
45156	$1,510	+28.0%
45157Current	$1,180	—
45158	$1,170	−0.8%
45160	$1,010	−14.4%
45162	$1,730	+46.6%
45176	$1,160	−1.7%

Questions about ZIP 45157 rents

How much will Section 8 pay for a two-bedroom in ZIP 45157?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,180, that basic range is $1,062 to $1,298 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 45157 in?

ZIP 45157 is in the Cincinnati, OH-KY-IN 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 45157 for FY 2027?

The two-bedroom FMR rose 9.3%, from $1,080 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 24.2%.

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