FMR is near market; voucher and private rents are aligned.
0.90
2 BR
2 BR
0.93ratio
FMR$1,442
Market$1,550
vs market-$108
FMR is near market; voucher and private rents are aligned.
0.93
3 BR
3 BR
1.06ratio
FMR$1,897
Market$1,790
vs market+$107
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR
1.02ratio
FMR$2,141
Market$2,100
vs market+$41
FMR is near market; voucher and private rents are aligned.
1.02
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
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ZIP 45275 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 45275 (Cincinnati, OH) is $1,442 a month. Cincinnati 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. The median county two-bedroom FMR in Ohio is $1,048, so ZIP 45275 is 38% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 45275
Bedrooms
FY 2027
90–110% range
Studio
$1,052
$947–$1,157
1BR
$1,128
$1,015–$1,241
2BR
$1,442
$1,298–$1,586
3BR
$1,897
$1,707–$2,087
4BR
$2,141
$1,927–$2,355
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 45275
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,052
$1,128
$1,442
$1,897
$2,141
FY 2026SAFMR
$816
$873
$1,092
$1,388
$1,550
FY 2025
$883
$993
$1,287
$1,707
$1,885
FY 2024
$810
$919
$1,195
$1,588
$1,766
FY 2023
$731
$839
$1,093
$1,464
$1,645
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about ZIP 45275 rents
How much will Section 8 pay for a two-bedroom in ZIP 45275?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,442, that basic range is $1,298 to $1,586 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 45275 in?
ZIP 45275 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.
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 Fair Market Rents. 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