What is the Fair Market Rent in Parma, OH?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,240 to $1,380 a month across the 3 ZIP codes that cover Parma.

By ZIP code: 44134 $1,370, 44129 $1,240, 44130 $1,380.

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 Parma is $1,119 (±$22), below the Small Area figure for ZIP 44134.

Figures last updated on .

2 bedrooms, whole area
$1,274
2 bedrooms, ZIP 44134
$1,370
2 bedrooms, ZIP 44129
$1,240
2 bedrooms, ZIP 44130
$1,380

Fair Market Rents for Parma, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Cleveland, OH HUD Metro FMR Area (whole area)$924$1,050$1,274$1,628$1,756—
ZIP 44134 (97% of the ZIP’s land is in this place)$990$1,130$1,370$1,750$1,890$1,132
ZIP 44129 (94% of the ZIP’s land is in this place)$900$1,020$1,240$1,580$1,710$1,056
ZIP 44130 (29% of the ZIP’s land is in this place)$1,000$1,140$1,380$1,760$1,900$1,088

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 Parma

What is the Section 8 payment standard in Parma?

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 44134 is $1,370.

What is the Fair Market Rent for a two-bedroom in ZIP 44134?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44134 is $1,370 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,132 (±$40).

What is the Fair Market Rent for a two-bedroom in ZIP 44129?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44129 is $1,240 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,056 (±$81).

What is the Fair Market Rent for a two-bedroom in ZIP 44130?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 44130 is $1,380 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,088 (±$35).

What is the Fair Market Rent for a one-bedroom in Parma?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 44134 is $1,130 a month, against $1,050 across the Cleveland, OH HUD Metro FMR Area.

Sources

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 .

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