45232
ZIPSAFMR
Hamilton County, OH
BRFMR
Eff. Rent
0 BR$690$740
1 BR$760$840
2 BR$980$1,080
3 BR$1,290$1,420
4 BR$1,440$1,580
5 BR$1,656
6 BR$1,904
7 BR$2,190
8 BR$2,519

Purchase Price Calculator

Maximum purchase price
$98,571

Cost breakdown

+Likely effective rent$1,080
HUD FMR$980
Market rent$1,590
Est. payment standard (110%)Used$1,080
Estimated payment standard is $1,080 (110% of FMR).
-Principal and interest-$498
Loan amount$78,857
Down payment$19,714
Rate6.50%
Term30 years
-Operating costs-$382
Property taxes-$99
Insurance-$175
Utilities$0
HOA$0
Management-$108
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,604(89.3% ROI)
Projected value
$106,150
Current value$98,571
Return breakdown
Property appreciation+$7,579
Loan principal paid down+$2,825
Rental cash flow+$7,200
5-year hold
+$29,991(152.1% ROI)
Projected value
$111,524
Current value$98,571
Return breakdown
Property appreciation+$12,953
Loan principal paid down+$5,038
Rental cash flow+$12,000
10-year hold
+$63,613(322.7% ROI)
Projected value
$126,179
Current value$98,571
Return breakdown
Property appreciation+$27,608
Loan principal paid down+$12,005
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.91ratio
FMR$690
Market$760
vs market-$70

FMR is near market; voucher and private rents are aligned.

90% standard$621 / 0.82 ratio110% standard$759 / 1.00 ratio
0.91
1 BR
1 BR
0.70ratio
FMR$760
Market$1,090
vs market-$330

FMR is below market; voucher rent may lag private rents.

90% standard$684 / 0.63 ratio110% standard$836 / 0.77 ratio
0.70
2 BR
2 BR
0.62ratio
FMR$980
Market$1,590
vs market-$610

FMR is below market; voucher rent may lag private rents.

90% standard$882 / 0.55 ratio110% standard$1,078 / 0.68 ratio
0.62
3 BR
3 BR
0.78ratio
FMR$1,290
Market$1,660
vs market-$370

FMR is below market; voucher rent may lag private rents.

90% standard$1,161 / 0.70 ratio110% standard$1,419 / 0.85 ratio
0.78
4 BR
4 BR
0.68ratio
FMR$1,440
Market$2,110
vs market-$670

FMR is below market; voucher rent may lag private rents.

90% standard$1,296 / 0.61 ratio110% standard$1,584 / 0.75 ratio
0.68
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 45232 (OH) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

45232 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 45232 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $980 and the 4 bedroom fair market rent is $1,440.

Use this page for searches like 45232 FMR, 45232 fair market rent, and 45232 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 45232
Bedroom sizeHUD FMR
Studio$690
1 bedroom$760
2 bedroom$980
3 bedroom$1,290
4 bedroom$1,440