What is the Fair Market Rent in Olmsted Township, OH?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44138, which covers Olmsted Township, is $1,490 a month.
Across the whole Cleveland, OH HUD Metro FMR Area the two-bedroom figure is $1,274.
The Census Bureau’s median gross rent for a two-bedroom home in Olmsted Township is $1,404 (±$41), below the Small Area figure for ZIP 44138.
Figures last updated on .
- 2 bedrooms, whole area
- $1,274
- 2 bedrooms, ZIP 44138
- $1,490
Fair Market Rents for Olmsted Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Cleveland, OH HUD Metro FMR Area (whole area) | $924 | $1,050 | $1,274 | $1,628 | $1,756 | — |
| ZIP 44138 (70% of the ZIP’s land is in this place) | $1,080 | $1,230 | $1,490 | $1,900 | $2,050 | $1,353 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Olmsted Township
What is the Section 8 payment standard in Olmsted Township?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Cleveland, OH HUD Metro FMR Area is $1,274, and the Small Area figure for 44138 is $1,490.
What is the Fair Market Rent for a two-bedroom in ZIP 44138?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44138 is $1,490 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,353 (±$59).
What is the Fair Market Rent for a one-bedroom in Olmsted Township?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44138 is $1,230 a month, against $1,050 across the Cleveland, OH HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Cleveland, OH HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Cleveland, OH HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Olmsted Township
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- Renters and owners in Olmsted Township
- Income and affordability in Olmsted Township
- Home values in Olmsted Township
- Homeowner costs in Olmsted Township
- Property taxes in Olmsted Township
- Types of homes in Olmsted Township
- Bedrooms in Olmsted Township
- Age of homes in Olmsted Township
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- Heating fuel in Olmsted Township
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- Crime reported to police in Olmsted Township
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- Ohio landlord and tenant rules
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