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Montgomery County/Miamisburg/45342

45342

ZIPSAFMR
Montgomery County, OH
Zillow

ZIP Investment Score

113Above average

095130300
BRFMR
Eff. Rent
0 BR$1,120$790
1 BR$1,240$1,020
2 BR$1,540$1,120
3 BR$2,000$1,880
4 BR$2,190$2,220
5 BR$2,519Not available
6 BR$2,896Not available
7 BR$3,331Not available
8 BR$3,830Not available

Purchase Price Calculator

Maximum purchase price
$104,515

Cost breakdown

+Likely effective rent$1,120
HUD FMR$1,540
Market rentUsed$1,120
Est. payment standard (90%)$1,390
-Principal and interest-$528
Loan amount$83,612
Down payment$20,903
Rate6.50%
Term30 years
-Operating costs-$392
Property taxes-$105
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,232(87.2% ROI)
Projected value
$112,551
Return breakdown
Property appreciation+$8,036
Loan principal paid down+$2,996
Rental cash flow+$7,200
5-year hold
+$31,076(148.7% ROI)
Projected value
$118,249
Return breakdown
Property appreciation+$13,734
Loan principal paid down+$5,342
Rental cash flow+$12,000
10-year hold
+$66,002(315.8% ROI)
Projected value
$133,788
Return breakdown
Property appreciation+$29,273
Loan principal paid down+$12,729
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.42
1 BR
1.22
2 BR
1.38
3 BR
1.06
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 45342 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 45342 (Miamisburg, OH) is $1,540 a month. That is unchanged from FY 2026. Miamisburg is in the Dayton-Kettering-Beavercreek, OH MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 54 ZIP codes in Montgomery County, 45342 has the 6th-highest two-bedroom rent (county range $1,000–$2,000). The median county two-bedroom FMR in Ohio is $1,048, so ZIP 45342 is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 45342
BedroomsFY 2027Change90–110% range
Studio$1,1200.0%$1,008–$1,232
1BR$1,240+1.6%$1,116–$1,364
2BR$1,5400.0%$1,386–$1,694
3BR$2,0000.0%$1,800–$2,200
4BR$2,190−0.5%$1,971–$2,409

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 45342
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,240$1,540$2,000$2,190
FY 2026$1,120$1,220$1,540$2,000$2,200
FY 2025$930$1,000$1,280$1,650$1,830
FY 2024$890$950$1,220$1,590$1,740
FY 2023$800$890$1,140$1,500$1,630

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 45342
45309$1,200−22.1%
45315$1,120−27.3%
45322$1,290−16.2%
45325$1,310−14.9%
45327$1,150−25.3%
45338$1,090−29.2%
45342Current$1,540—
45343$1,230−20.1%
45344$1,090−29.2%
45345$1,040−32.5%
45354$1,320−14.3%
45371$1,360−11.7%

Questions about ZIP 45342 rents

How much will Section 8 pay for a two-bedroom in ZIP 45342?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,540, that basic range is $1,386 to $1,694 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 45342 in?

ZIP 45342 is in the Dayton-Kettering-Beavercreek, OH MSA. 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 45342 for FY 2027?

The two-bedroom FMR was unchanged at $1,540 in FY 2027. Since FY 2023 it has risen 35.1%.

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